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...

Natural gas has an advantageous position compared to other energy carriers in policy making of energy consumption due to its many advantages, especially in terms of environmental indicators. In Iran, the industrial sector is considered as one of the important sectors of natural gas consumption. The main purpose of this paper is to investigate the relationship between natural gas prices and indu...

Energy carrier’s subsidization has placed a significant pressure on government budget in Iran thus, energy price increase is performed in order to ameliorate this case. One of the main challenges that policymakers need to consider is the impact of energy prices increase on the labor market especially, when the national unemployment rate is high. This paper utilizes a computable general equilibr...

The identification of the most important factors affecting energy intensity with the aim of controlling and managing energy consumption is an important topic. Findings of different empirical studies on the factors affecting energy intensity are inconsistent and this raises uncertainty about the employed models. One of the techniques that conform to these uncertainty conditions of the model is t...

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