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 ...

The main objective of this article is to test the hypothesis that utility preferences that incorporate asymmetric reactions between gains and losses generate better results than the classic Von Neumann-Morgenstern utility ...

We study welfare and the role of absentee landlords’ rent capture in one of the building blocks of urban economics: the monocentric city model. If only a fraction (but not all) of the absentee landlords’ land rents is ...

Many consumer choice situations are characterized by the simultaneous demand for multiple alternatives that are imperfect substitutes for one another, along with a continuous quantity dimension for each chosen alternative. ...

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 ...

We present a microeconomic model for time use and consumption for workers with an improved treatment of the (technical) relations between goods and time. In addition to the traditional time and income constraints, an ...

Based on a family of discrepancy functions, we derive nonparametric stochastic discount factor bounds that naturally generalize variance, entropy, and higher-moment bounds. These bounds are especially useful to identify ...

I study incomplete preferences as a means to represent indecisiveness. A decomposition into maximal domains of comparability is characterized and used to link optimization of incomplete preferences with maximization of ...