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Concept

Partial equilibrium

Related publications (10)

The Rebound Effects from Industrial Energy Efficiency Improvements

Michel Zimmermann

In energy policy, energy efficiency constitutes a central element in reducing domestic and, specifically, industrial en-ergy use. Unfortunately, the effectiveness of energy efficiency improvements in achieving its targets is known to be limited by rebound ...

EPFL2022

European Economic impacts of cutting energy imports from Russia: A computable general equilibrium analysis

Marc Vielle, Sigit Pria Perdana

The recent economic sanctions against Russia can jeopardise the sustainability of the European Union's (EU) energy supply. Despite the EU's strong commitment to stringent abatement targets, fossil fuels still play a significant role in the EU energy policy ...

ELSEVIER2022

Equilibrium commodity prices with irreversible investment and non-linear technologies

Pierre Collin-Dufresne

We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...

2018

Induced technological change and the timing of public R&D investment in the Japanese electricity sector considering a two-factor learning curve

Takafumi Usui

The UNFCCC has stated that energy policies and measures to address climate change should be cost-effective to ensure global benefits at the lowest possible cost. To mitigate the bulk of carbon emission from the electricity sector, a large market penetratio ...

Springer Verlag2017

Impacts of climate change for Swiss winter and summer tourism: a general equilibrium analysis

Marc Vielle, Frank Vöhringer, Boris Thurm

Tourism could be greatly affected by climate change due to its strong dependence on weather. In Switzerland, the sector represents an appreciable share of the economy. Thus, studying climate effects on tourism is necessary for developing adequate adaptatio ...

2017

Insider Trading, Stochastic Liquidity, And Equilibrium Prices

Pierre Collin-Dufresne

We extend Kyle's (1985) model of insider trading to the case where noise trading volatility follows a general stochastic process. We determine conditions under which, in equilibrium, price impact and price volatility are both stochastic, driven by shocks t ...

Wiley-Blackwell2016

Impact of Storage on the Efficiency and Prices in Real-Time Electricity Markets

Jean-Yves Le Boudec, Dan-Cristian Tomozei, Nicolas Gabriel Gast

We study the effect of energy-storage systems in dynamic real-time electricity markets. We consider that demand and renewable generation are stochastic, that real-time production is affected by ramping constraints, and that market players seek to selfishly ...

ACM2013

Hysteresis phenomena of a Macroscopic Fundamental Diagram in freeway networks

Nikolaos Geroliminis

Observations of traffic pairs of flow vs. density or occupancy for individual locations in freeways or arterials are usually scattered about an underlying curve. Recent observations from empirical data in arterial networks showed that in some cases by aggr ...

2011

A two-level dynamic game of carbon emission trading between Russia, China, and Annex B countries

Marc Vielle

This paper proposes a computable dynamic game model of the strategic competition between Russia and developing countries (DCs), mainly represented by China, on the international market of emission permits created by the Kyoto Protocol. The model uses a for ...

2008

Predicting the bioavailability of metals and metal complexes: Critical review of the biotic ligand model

Environmental Context. The chemical speciation of trace metals greatly influences their biological effects. Nonetheless, no clear consensus currently exists as to when metal complexes are bioavailable, especially for field conditions. Recently, the USA EPA ...

2005