Customer-owned battery energy storage systems (BESS) have been used to reduce electricity costs of energy storage owners (ESOs) under a time-of-use (TOU) tariff in Korea. However, the current TOU tariff can unintentionally induce customer’s electricity usage to have a negative impact on power systems. This paper verifies the impact of different BESS operation strategies on power systems under a...

Finding cheap train connections for long-distance traffic is algorithmically a hard task due to very complex tariff regulations. Several new tariff options have been developed in recent years, partly to react on the stronger competition with low-cost airline carriers. In such an environment, it becomes more and more important that search engines for travel connections are able to find special o...

due to timely process of wto negotiations, unwillingness of advanced industrial countries to give concessions to developing economies regarding tariff and non-tariff barriers on agricultural commodity imports, the ongoing initiatives in northern hemisphere to establish new and wider free trading areas which will divert trade out of the market from asian countries, and ineffectiveness of deepeni...

This paper studies the location choice of foreign multinational firms in Baltic economies Estonia, Latvia, and Lithuania using a knowledge-and-physical capital model across 2004–2017. We used Bayesian averaging estimation method to investigate set possible factors that drive inward FDI. Our analysis demonstrates factor endowments play dominant role driving vertical direct investment, while exte...

The present paper integrates neoclassical offer curves and production theory, introducing utility maximization and trade levels into the comparative static factor proportions model. The paper analyzes production conditions that determine the Metzler paradox that a tariff could lower the tariff inclusive import price. The model provides a more complete link between neoclassical and factor propor...

Objective: One of the long-term goals and strategies of the country for development in the 20-year vision plan is the development of the knowledge-based economy, so that with pursuing this strategy, Iran could become a knowledge-based economy by 1404. The purpose of this research is to explain the economic status of Iran among regional competitors based on the components of knowledge-based econ...

OBJECTIVES The EQ-5D is a preference-based measure of health and is increasingly being used in the evaluation of health technologies. A 'tariff' of values for all 243 EQ-5D health states has been generated using direct valuations on a subset of these states. The tariff is used to express the value of differences between health states, and so this paper explores whether a tariff with better pred...