Low-for-long nominal interest rates have resulted in strong growth in mort- gage lending and real house prices in Switzerland. Domestically-oriented, small banks have mostly contributed to this expansion in mortgage lending while the two big, global system ...
Most firms face some form of competition in product markets. The degree of competition a firm faces feeds back into its cash flows and affects the values of the securities it issues. Through its effects on stock prices, product market competition affects t ...
Most European countries are committed to an energy transition which consists in the substitution of conventional CO2 emitting energy sources by new renewable energy sources (RES), in particular wind and solar power. As opposed to conventional energy source ...
We present the design and implementation of Vigor, a software stack and toolchain for building and running software network middleboxes that are guaranteed to be correct, while preserving competitive performance and developer productivity. Developers write ...
Expectations for high performance green buildings have been evolving over the last four decades. Green certification systems define, recognize, and demonstrate leadership in addressing building problems related to people and the environment. These systems ...
This thesis develops equilibrium models, and studies the effects of market frictions on risk-sharing, derivatives pricing, and trading patterns.In the chapter titled "Imbalance-Based Option Pricing", I develop an equilibrium model of fragmented options m ...
In data-driven inverse optimization an observer aims to learn the preferences of an agent who solves a parametric optimization problem depending on an exogenous signal. Thus, the observer seeks the agent's objective function that best explains a historical ...
In a supply chain, the importance of information elicitation from the supply chain players is vital to design supply chain network. The rationality and self-centredness of these players causes the information asymmetry in the supply chain and thus situatio ...
Energy policy needs to rely on the proper understanding of the interactions between policy instruments, consumer preferences, investment behavior, market structure, electricity supply, and the wider policy environment. This asks for appropriate modeling to ...
Electronic intermediaries have become pervasive in sales transactions for many durables, such as cars, power tools, and apartments. Yet only recently have they successfully tackled the challenge of enabling parties to share such goods. A key impediment to ...
Several regulatory changes in Europe's electricity sector have stimulated competition in the market. National power companies, with monopolistic structures, have evolved into competitive entities, creating increased choices for consumers. Electricity price ...
We consider two-player parity games with imperfect information in which strategies rely on observations that provide imperfect information about the history of a play. To solve such games, i.e., to determine the winning regions of players and corresponding ...
This dissertation consists of three chapters. The first chapter empirically investigates how the intensity of product market competition affects the cost of debt. Using a large sample of loans to publicly traded US manufacturing firms, the chapter provides ...
In this paper, we address the problemof super-resolution from multiple low-resolution omnidirectional images with inexact registration. Such a problem is typically encountered in omnidirectional vision scenarios with reduced resolution sensors in imperfect ...
The present thesis applies the property hedonic price model in order to assess the economic value of environmental amenities and discrimination on the Swiss rental markets of Geneva and Zurich. Indeed, economic textbooks teach that differentials in environ ...
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 ...
This paper addresses the problem of super- resolution from low resolution spherical images that are not perfectly registered. Such a problem is typically en- countered in omnidirectional vision scenarios with re- duced resolution sensors in imperfect setti ...
In the context of the liberalization of the European natural gas market former monopolists face a challenge to react to market opening by realigning their strategies. Three major groups of companies can be identified that are capable to influence the Europ ...
To better understand the role of exudates in Cd speciation and biouptake by bacterium Sinorhizobium meliloti, the content of different exudate components including siderophores, proteins and polysaccharides were quantified in absence and presence of 10M C ...
Most of the life cycle cost of a product can be pre-determined by the end of the conceptual design phase, which begins with the establishment of a function structure by decomposing an overall function into a set of sub-functions. However, today's products ...
