Policy Instruments and Incentives for Environmental R&D: A Market-Driven Approach

Market-based Environmental Policy Instruments

A Novel Charging Plan for PEVs Aggregator Based on Combined Market and Network Driven Approach

With the large-scale production of plug-in electric vehicles (PEVs), a new entity, the PEV fleet aggregator manages charging and discharging processes of the vehicles. The main objective of an individual aggregator in interaction with electricity markets is maximizing its profit. In this paper, the performance of this aggregator in day-ahead and real-time electricity markets, considering (a) cu...

Designing Instruments for Resource and Environmental Policy

Contents 1. Introduction 2. The need for policy instruments 3. The Range of Policy Options 4. The Selection and Design of Policy Instruments 4.1. Efficiency with heterogeneous abatement costs 4.2. Difficult monitoring of emissions (but complementarity with products) 4.3. Efficiency with heterogeneous damage costs 4.4. Uncertainty in damage costs and efficiency 4.5. Inter-temporal efficiency wit...

Trade and Environmental Policy Instruments and Reforms

This chapter first presents and summarises results from recent analytical literature, explaining the implications of different policy menus to abate pollution in a small, polluted, competitive economy opening to world trade. This situation is consistent with the stylised facts of many developing economies evolving in a global marketplace and with emerging environmental concerns. The context of ...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...