Energy budget constraints on climate response

Selecting a Response Plan Under Budget Constraints

The effect of financial constraints on energy-climate scenarios

In this paper, we discuss the implications of financing constraints for future energy and climate scenarios. Aspirations to improve energy access and electrification rates in developing countries, while simultaneously reducing greenhouse gas emissions, can be seriously hindered by the availability of low-cost capital for the necessary investments. We first provide a brief description of the the...

Auctions with Budget Constraints

In a combinatorial auction k different items are sold to n bidders, where the objective of the seller is to maximize the revenue. The main difficulty to find an optimal allocation is due to the fact that the valuation function of each bidder for bundles of items is not necessarily an additive function over the items. An auction with budget constraints is a common special case where bidders gene...

Budget Constraints Impact on Multi Unit Auctions

We study multi unit auctions in presence of budget constraints. This situation is very common in real world but has not received proper attention in theoretical literature. We will study the impact of budget on the different aspects of multi unit auctions. These results try to define a frame work in which multi unit auctions with budget constraints are working and problem we are facing in desig...

Size and soft budget constraints

There is much evidence against the so-called ”too big to fail” hypothesis in the case of bailouts to sub-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching grants of a central government can induce socially-efficient provision, but districts can still exploit the intervening central government by inducing dire...