Download or read book Environmental and Resource Policy for Consumer Durables written by Marco Runkel and published by Springer Science & Business Media. This book was released on 2012-09-25 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recent line of research in environmental and resource economics deals with the analysis of the so-called product-related environmental policy, i.e. the regulation of certain product characteristics which are mainly determined by producers and which influence the impact of consumption goods on the environment. In this line of literature, only little attention has been paid to the role of product durability. The present study aims at filling this gap. It investigates the relationship between (built-in) product durability, production emissions, solid consumption waste and recycling. The main task is to identify inefficiencies in the durability choice of producers and to assess regulatory policies which aim at correcting for such market failure.
Download or read book Environmental and Resource Policy for Consumer Durables written by and published by Springer. This book was released on 2012-08-29 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumption Structure and Macroeconomics written by Reto Foellmi and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.
Download or read book Strategic Trading in Illiquid Markets written by Burkart Mönch and published by Springer Science & Business Media. This book was released on 2006-01-13 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Area of Research and the Object of Investigation In this thesis we will investigate trading strategies in illiquid markets from a market microstructure perspective. Market microstructure is the academic term for the branch of financial economics that investigates trading and the organization of security markets, see, e. g. , Harris (2002). Historically, exchanges evolved as a location, where those interested in buy ing or selling securities could meet physically to transact. Thus, traditionally security trading was organized on exchange floors, where so-called dealers arranged all trades and provided liquidity by quoting prices at which they were willing buy or sell. Consequently, the initial surge of the market mi crostructure literature focused predominantly on this type of market design, which is often referred to as quote-driven. Nowadays, the interest is shifting towards order-driven markets. Beginning with the Toronto Stock Exchange in the mid 1970s and increasing in fre quency and scope, this market structure has emerged as the preeminent form of security trading worldwide. In order-driven markets, exchanges arrange trades by matching public orders, often by employing automatic execution systems. Introduction A major difference between a quote-driven and an order-driven market arises from the transparency pre- and post-trade. The pre-trade transparency con cerns the question whether the order book is visible to the keeper only, or whether it is open to the public.
Download or read book Complex Systems Approach to Economic Dynamics written by Abraham C.-L. Chian and published by Springer Science & Business Media. This book was released on 2007-08-17 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical analysis of stock markets and foreign exchange markets has demonstrated the intermittent nature of economic time series. A nonlinear model of business cycles is able to simulate intermittency arising from order-chaos and chaos-chaos transitions. This monograph introduces new concepts of unstable periodic orbits and chaotic saddles, which are unstable structures embedded in a chaotic attractor and responsible for economic intermittency.
Download or read book OECD Environmental Outlook written by OECD and published by OECD Publishing. This book was released on 2001-04-05 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Environmental Outlook provides economy-based projections of environmental pressures and changes in the state of the environment to 2020.
Download or read book Capacity Options for Revenue Management written by Rolf Hellermann and published by Springer Science & Business Media. This book was released on 2006-10-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes capacity options as a flexible alternative air cargo contract type, and illustrates how capacity can be priced through option contracts. The analysis is accomplished by means of an analytical multivariate optimization model under price and demand uncertainty. A case study using data from a leading German carrier illustrates the financial potential. Finally, the author shows how capacity-option contracts integrate into the context of air cargo revenue management.
Download or read book Portfolios of Real Options written by Rainer Brosch and published by Springer Science & Business Media. This book was released on 2008-03-29 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuing portfolios of options embedded in investment decisions is arguably one of the most important and challenging problems in real options and corporate ?nance in general. Although the problem is common and vitally important in the value creation process of almost any corporation, it has not yet been satisfactorily addressed. It is key for any corporation facing strategic resource allocation decisions, be it a pharmaceutical ?rm valuing and managing its pipeline of drugs, a telecom company having to select a set of technological alternatives, a venture capital or private equity ?rm investing in a portfolio of ventures, or any company allocating resources. Portfolios of real options typically interact such that the value of the whole differs from the sum of the separate parts. Thus one must address and value the particular con?guration of options embedded in a speci?c situation, taking into account the con?guration of other options already present in the portfolio, which in turn depends on the correlation struc ture among the various underlying assets and the strategic dependencies among the options themselves (e. g. , mutual exclusivity, strategic additiv ity, compoundness, complementarity etc. ). In that sense, optimal decisions also depend on past option exercise decisions by management and organi zational capabilities put in place in the past.
Download or read book Fuzzy Portfolio Optimization written by Yong Fang and published by Springer Science & Business Media. This book was released on 2008-09-20 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the existing portfolio selection models are based on the probability theory. Though they often deal with the uncertainty via probabilistic - proaches, we have to mention that the probabilistic approaches only partly capture the reality. Some other techniques have also been applied to handle the uncertainty of the ?nancial markets, for instance, the fuzzy set theory [Zadeh (1965)]. In reality, many events with fuzziness are characterized by probabilistic approaches, although they are not random events. The fuzzy set theory has been widely used to solve many practical problems, including ?nancial risk management. By using fuzzy mathematical approaches, quan- tative analysis, qualitative analysis, the experts’ knowledge and the investors’ subjective opinions can be better integrated into a portfolio selection model. The contents of this book mainly comprise of the authors’ research results for fuzzy portfolio selection problems in recent years. In addition, in the book, the authors will also introduce some other important progress in the ?eld of fuzzy portfolio optimization. Some fundamental issues and problems of po- folioselectionhavebeenstudiedsystematicallyandextensivelybytheauthors to apply fuzzy systems theory and optimization methods. A new framework for investment analysis is presented in this book. A series of portfolio sel- tion models are given and some of them might be more e?cient for practical applications. Some application examples are given to illustrate these models by using real data from the Chinese securities markets.
Download or read book Financial Risk Management with Bayesian Estimation of GARCH Models written by David Ardia and published by Springer Science & Business Media. This book was released on 2008-05-08 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents in detail methodologies for the Bayesian estimation of sing- regime and regime-switching GARCH models. These models are widespread and essential tools in n ancial econometrics and have, until recently, mainly been estimated using the classical Maximum Likelihood technique. As this study aims to demonstrate, the Bayesian approach o ers an attractive alternative which enables small sample results, robust estimation, model discrimination and probabilistic statements on nonlinear functions of the model parameters. The author is indebted to numerous individuals for help in the preparation of this study. Primarily, I owe a great debt to Prof. Dr. Philippe J. Deschamps who inspired me to study Bayesian econometrics, suggested the subject, guided me under his supervision and encouraged my research. I would also like to thank Prof. Dr. Martin Wallmeier and my colleagues of the Department of Quantitative Economics, in particular Michael Beer, Roberto Cerratti and Gilles Kaltenrieder, for their useful comments and discussions. I am very indebted to my friends Carlos Ord as Criado, Julien A. Straubhaar, J er ^ ome Ph. A. Taillard and Mathieu Vuilleumier, for their support in the elds of economics, mathematics and statistics. Thanks also to my friend Kevin Barnes who helped with my English in this work. Finally, I am greatly indebted to my parents and grandparents for their support and encouragement while I was struggling with the writing of this thesis.
Download or read book Vector Optimization written by Guang-ya Chen and published by Springer Science & Business Media. This book was released on 2005-07-13 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to vector or multiple criteria approaches in optimization. Topics covered include: vector optimization, vector variational inequalities, vector variational principles, vector minmax inequalities and vector equilibrium problems. In particular, problems with variable ordering relations and set-valued mappings are treated. The nonlinear scalarization method is extensively used throughout the book to deal with various vector-related problems. The results presented are original and should be interesting to researchers and graduates in applied mathematics and operations research. Readers will benefit from new methods and ideas for handling multiple criteria decision problems.
Download or read book Environmental Health Perspectives written by and published by . This book was released on 2004 with total page 1576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Environment and Social Policy written by Michael Cahill and published by Routledge. This book was released on 2018-10-24 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on human welfare and the environment from a social policy perspective, this text shows how environmental concerns are becoming increasingly central to policy-making and discusses the roles of central and local government in relation to environmental issues. The Environment and Social Policy covers the following contemporary topics: sustainability, Local Agenda 21, green ideas, environmental health, housing and urban development, food, work, globalisation. Each chapter starts with an overview of the topics and ends with a list of key points and a guide to further reading. Core concepts are clearly explained and illustrated throughout this text which provides students with a concise and up-to-date summary of what they need to know.
Download or read book Comprehensive Evaluation of Effective Biomass Resource Utilization and Optimal Environmental Policies written by Jingjing Yan and published by Springer. This book was released on 2014-08-27 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book adopts a linear optimization method and introduces a dynamic optimization simulation model for analyzing synthetic environmental policies as endogenous variables in order to improve the environment and provide more biomass energy. The model considers both the total ecological system and the socio-economic situational changes. The purpose of the research is to establish effective utilization methods for biomass resources as well as to coordinate resource reutilization, environmental conservation and economic development, and ultimately to achieve sustainable development of society. By selecting for examination a typical suburb of a major city in China (Miyun County near Beijing), the book improves the simulation model and focuses on the evaluation of water pollutant minimization based on the ecological value of Miyun Reservoir. In the simulation, the author takes into account the specific and unique characteristics of China’s economy and social state in terms of sustained economic growth rate, financial subordination relations and regional environmental policies, all of which differ from the model for Japan. Beyond these innovations, the book introduces two advanced technologies from Japan and China to the study area through simulation with integrated policies, and presents a regional analysis and allocation strategy for these technologies, which have demonstrated impressive operability in practice, in light of the current conditions and limited funds in China.
Download or read book Environmental Management in Practice Vol 2 written by Paul Compton and published by Routledge. This book was released on 2013-01-11 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 2: Compartments, Stressors and Sectors, deals with the problems that occur in the three 'compartments' of the environment, namely air, water and soil. The contributors also address the socio-economic sectors of industry, traffic, energy, agriculture and tourism.
Download or read book Environmental Law and Policy in India written by Shyam Divan and published by Oxford University Press. This book was released on 2022-08-04 with total page 1009 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental law and policy in India affects all sections of society. Those most deeply affected by it are the poor. They are the first victims of poor sanitation, polluted air, and contaminated water. Since the 1970s, efforts to protect environmental quality have met with limited success, posing enduring challenges for policy designers and decision-makers entrusted with protecting and preserving natural resources. This edition of Environmental Law and Policy retains the familiar analytical structure of the second edition and includes all major developments since then. It focuses on Indian environmental law, policies, problems, and needs with the comprehensiveness of an American law case book, compiles all the leading cases in environmental law in India with concise extracts of landmark judgments and policy documents, and provides discussions on projects which could potentially degrade the environment. This volume also covers air and water pollution, forests, wildlife, noise pollution, common property resources and tribal communities, environmental impact assessment, coastal regulations, large projects, urban problems, the National Green Tribunal, hazardous substances, transnational environmental policies, and international environment law. It is interlaced with notes, comments, and questions intended to encourage critical thinking amongst lawyers and law students.
Download or read book Environmental Quality Analysis written by Allen V. Kneese and published by Routledge. This book was released on 2013-10-18 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together state-of-the-art papers describing comprehensive approaches to residuals management and emphasizes the need for interdisciplinary solutions to complex environmental problems. Originally published in 1972
