Concept

Social cost

Related publications (24)

AI-driven Prices for Externalities and Sustainability in Production Markets

Boi Faltings, Panayiotis Danassis, Aris Filos Ratsikas

Traditional competitive markets do not account for negative externalities; indirect costs that some participants impose on others, such as the cost of over-appropriating a common-pool resource (which diminishes future stock, and thus harvest, for everyone) ...

Cornell University2023

A continuum approximation approach to the depot location problem in a crowd-shipping system

Nikolaos Geroliminis, Patrick Stefan Adriaan Stokkink

Last-mile delivery in the logistics chain contributes to congestion in urban networks due to frequent stops. Crowd-shipping is a sustainable and low-cost alternative to traditional delivery but relies heavily on the availability of occasional couriers. In ...

PERGAMON-ELSEVIER SCIENCE LTD2023

Environmental and economic analysis of new construction techniques reusing existing concrete elements: two case studies

Corentin Jean Dominique Fivet, Maléna Bastien Masse, Célia Marine Küpfer, Julie Rachel Devènes

As the most widely used construction material worldwide, concrete is the main cause of greenhouse gas emissions, material depletion, and waste generation by the construction industry. Typically, concrete waste is crushed and, at best, reclaimed into recycl ...

2022

Incremental financial analysis of black liquor upgraded gasification in integrated kraft pulp and ammonia production plants under uncertainty of feedstock costs and carbon taxes

François Maréchal, Meire Ellen Gorete Ribeiro Domingos

In this work, the conventional scenario of the black liquor (BL) concentration and combustion is compared with the BL upgrading gasification process for ammonia production. The chemical processes synthesis, modeling and simulation are performed by using As ...

Elsevier2022

A dynamic scheduling tool and a methodology for creating digital twin of manufacturing systems for achieving Zero Defect Manufacturing

Foivos Psarommatis Giannakopoulos

Nowadays manufacturing environment is highly volatile and rapidly changing as the need of products is increasing exponentially, due to the fact that Product Life Cycle is shortened and therefore more products are required to be manufactured or remanufactur ...

EPFL2021

Carrier Transport Layer-Free Perovskite Solar Cells

Hong Zhang, Chunyang Zhang

Power conversion efficiencies (PCEs) of up to 25.5 % have been reported for perovskite solar cells (PSCs). Thus, they have shown great potential for commercial applications. Therefore, simplifying technological process and reducing production costs have be ...

WILEY-V C H VERLAG GMBH2021

Replicated state machines without replicated execution

Kirill Nikitin

This paper introduces a new approach to reduce end-to-end costs in large-scale replicated systems built under a Byzantine fault model. Specifically, our approach transforms a given replicated state machine (RSM) to another RSM where nodes incur lower costs ...

IEEE2020

Lean synthesis and application to lower-limb exoskeletons

Tristan Hubert Vouga

Mobility impairments are the most prevalent of all disabilities, affecting the life of nearly one in 20 individuals in developed countries. In the most severe cases, they can have dramatic consequences for the social, mental and physical well-being of thos ...

EPFL2019

Welfare effects of technology-based climate policies in liberalized electricity markets: seeing beyond total system cost

Philippe Thalmann, Frank Vöhringer, Sophie Maire

This paper is a contribution to assessing the Swiss energy transition, with an emphasis on the consequences of decommissioning the nuclear power plants for the electricity market and the whole economy. We expect that increased renewable generation and dema ...

2019

Multi-Robot Coordination in Dynamic Environments Shared with Humans

Alcherio Martinoli, Zeynab Talebpour

This work addresses multi-robot coordination in social human-populated environments based on a Hoplites-based framework for solving the multi-robot task allocation problem. Humans are considered in the proposed coordination mechanism by means of accounting ...

2018

A Scheduling Tool for Achieving Zero Defect Manufacturing (ZDM): A Conceptual Framework

Dimitrios Kyritsis, Foivos Psarommatis Giannakopoulos

Contemporary manufacturing landscape has changed and has become highly volatile and demanding. Product Life Cycle has significantly decreased because of the consumers' need for personalized products in shorter period of time. This need forced the manufactu ...

SPRINGER-VERLAG BERLIN2018

Risk-Based Human-Aware Multi-Robot Coordination in Dynamic Environments Shared with Humans

Alcherio Martinoli, Zeynab Talebpour

In this paper, we propose a risk-based coordination method for the Multi-Robot Task Allocation (MRTA) problem in human-populated environments. We introduce risk-based bids that incorporate human trajectory prediction uncertainties and furthermore, social c ...

2018

Congestion and departure time choice equilibrium in urban road networks

Raphael Ali Francis Lamotte

When drivers are regularly faced with congestion, they try to optimize their departure time. If the demand and the road network evolve slowly enough, the entire system may approach an equilibrium, i.e. a state such that no one can be better off by unilater ...

EPFL2018

Thermo-economic analysis and multi-objective optimisation of lignocellulosic biomass conversion to Fischer-Tropsch fuels

François Maréchal, Emanuela Peduzzi

This paper addresses the techno-economic evaluation and optimisation of processes converting lignocellulosic biomass into liquid fuels, through the development of a suitable framework and the modelling and design of Biomass to Liquids (BTL) processes. In p ...

2018

Essays in Bank Financing

Yalda Sigrist

This thesis examines the optimal mode of financing for banks and financial institutions. The first chapter, which is a joint work with Prof. Jean-Charles Rochet, investigates how Systemically Important Financial Institutions (SIFIs) should be financed. The ...

EPFL2017

On the use of reservation-based autonomous vehicles for demand management

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

Automated mobility on demand is foreseen as the future of urban passenger mobility. While mixed-traffic for autonomous and conventional vehicles could be considered, separation amplifies the benefits of automation. Combined with mobility as a service, sepa ...

2017

Essays in Financial Economics

Christoph Helmut Peter Herpfer

This thesis contains four chapters, each of which utilizes new or unusual data sources to analyze a different area of financial economics. In the first chapter, I construct a novel dataset linking individual bankers to large borrowers in the U.S. syndicate ...

EPFL2017

The Economics of Sharing Markets

Maryam Razeghian Jahromi

Sharing and redistributing assets between individuals has become a noticeable part of the economy. Ownership is no longer the sole mode of consumption and consumers have the option of choosing between ownership and access-based consumption. This change in ...

EPFL2017

Essays on the Market Structure and Pricing of Credit Derivatives

Jan Benjamin Junge

This thesis analyzes the interrelation between market structure and price formation in credit derivatives markets. Traditionally, credit derivatives are traded in relatively opaque over-the-counter markets in which trading is segmented and subject to many ...

EPFL2016

Effectiveness of variable speed limits considering commuters' long-term response

Wei Liu

This paper examines the effectiveness of variable speed limits (VSLs) on improving traffic flow efficiency and reducing vehicular emissions in a stylized setting of morning commute where a fixed number of individuals commute from home to work through the f ...

Pergamon-Elsevier Science Ltd2015