The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This “short-run approach” develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method…
This book examines the corpus of status quo environmental legal regime, geographical issues and redundant “stakeholder claims,” which persist in the Arctic. It examines multifarious theories relating not only to conflicting and opposing interests, but also to parties to whom the shipping industry should be accountable. The unique aspect of this book is the Corporate Social responsibility an…
Security concerns increasingly influence foreign aid: how Western countries give aid, to whom and why. With contributions from experts in the field, this book examines the impact of security issues on six of the world's largest aid donors, as well as on key crosscutting issues such as gender equality and climate change.
This book sets out some positive directions to move forward including government policy and regulatory options, an innovative GRID (Greening, Regenerative, Improvement Districts) scheme that can assist with funding and management, and the first steps towards an innovative carbon credit scheme for the built environment. Decarbonising cities is a global agenda with huge significance for the futur…
The volume presents innovative approaches to improving energy access in underprivileged communities. A core theme is the use of previously underutilized or unrecognized resources that can be found through synergies in supply and value innovation, novel financing methods, and the use of leapfrog technologies. The contributors illustrate how decentralized approaches and small-scale localized solu…
The special session Decision Economics (DECON) 2016 is a scientific forum by which to share ideas, projects, researches results, models and experiences associated with the complexity of behavioral decision processes aiming at explaining socio-economic phenomena. DECON 2016 held in the University of Seville, Spain, as part of the 13th International Conference on Distributed Computing and Artific…
Based on interviews with R&D managers and a survey amongst R&D employees, Verena Nedon shows that perceived social pressure has an immense impact on R&D employees working in OI-projects. Employees’ attitude (regardless of whether positive or negative) and perceived behavioral control play an important, but not dominant role. The study also implies that intrinsic motivators have a stronger eff…
This book explores the power of greater openness, accountability, and transparency in digital information and government data for the nations of Southeast Asia. The author demonstrates that, although the term “open data” seems to be self-explanatory, it involves an evolving ecosystem of complex domains. Through empirical case studies, this book explains how governments in the ASEAN may harv…
Robert Dochow mathematically derives a simplified classification structure of selected types of the portfolio selection problem. He proposes two new competitive online algorithms with risk management, which he evaluates analytically. The author empirically evaluates online algorithms by a comprehensive statistical analysis. Concrete results are that follow-the-loser algorithms show the most pro…
Presenting an optimal energy distribution strategy for microgrids in a smart grid environment, and featuring a detailed analysis of the mathematical techniques of convex optimization and online algorithms, this book provides readers with essential content on how to achieve multi-objective optimization that takes into consideration power subscribers, energy providers and grid smoothing in microg…