This paper presents a methodology for the placement and sizing evaluation of distributed generation (DG) in electric power systems. The candidate locations for DG placement are identified on the bases of Locational Marginal ...

This paper presents a methodology for the placement and sizing evaluation of distributed generation (DG) in electric power systems. The candidate locations for DG placement are identified on the bases of Locational Marginal ...

In the last years, regulating agencies of rnany countries in the world, following recommendations of the Basel Committee, have compelled financiaI institutions to maintain minimum capital requirements to cover market risk. ...

We study the optimal continuous trading strategy of an insider who is subject to the possibility of law penalties due to her illegal trading activity. Also, we discuss how to obtain the optimal penalty rule in order to ...

The unequal distribution of cultural offers and infrastructure is a current problem in Mexico, where marginalized populations are the most disadvantaged. Alternatively, there is a severe social lag in many Mexican ...

This paper examines welfare implications of hard-to-tax markets, which are endogenously determined by tax enforcement costs. We show that social welfare may be maximized by keeping some markets untaxed, even when it is ...

In the last years, regulating agencies of many countries in the world have adopted VaR-based risk regulation to control market risk of financial institutions. This paper investigates the consequences of such kind of ...