The use of biomass and waste for energy production contributes substantially in reduction of CO2 emissions. System studies showed that gasification in combination with Solid Oxide Fuel Cell SOFC could achieve an overall efficiency of 50%. In the framework of the NOVEM program "Energie Winning uit Afval en Biomassa EWAB",...
Despite its virtues, congestion pricing has yet to be widely adopted. This paper explores the issues of equity and use of toll revenue and several possible alternatives. The equity and efficiency problems of conventional uncompensated congestion pricing are outlined. Then, several alternatives are discussed and developed. A new compensation mechanism...
The Peter Principle holds that we rise to our level of incompetence. In other words, at some point in our career, we all end up in over our heads. Tom Foster's Management Skills blog has a post on how to find a life preserver when you've...
This paper models firms' entrepreneurial ability according to their ability to predict changes in productivity (i.e., their prediction ability), and derives an aggregate production function as a result of entrepreneurship. An increase in firms' prediction ability improves allocative efficiency in a competitive economy, but can reduce it when opportunities are...
As every credit union CEO knows, there is a world of difference between efficiency and effectiveness. The 80/20 principle states that 80% of your results are caused by only 20% of the effort invested in obtaining those results. A quick look at some numbe As every credit union CEO knows,...
Energy efficiency is critical in the transition to a low carbon economy. The development of targets for energy efficiency is welcomed. However in many cases, improvements in efficiency require action from many individuals. In practice this action does not occur. Many energy efficiency measures with very short pay back times...
From the executive summary: ‘During a down economy, logistics executives often turn to consultants to help boost supply chain efficiency. However, it is advisable for the executives to choose right kind of consultant in order to avoid any pitfalls. Building a world-class supply chain is difficult in any economic climate....
The Pareto Principle is known by many names and seems to be an almost intrinsic law of nature. Amongst its other names two in particular pinpoint what it is about: the law of imbalance and the 80/20 rule. The principle can be expressed in many ways and has been used...
How to Sidestep the Peter PrinciplePeters Principle and Putts lawsWe all observe the Peters Principle in our work places. Many years ago I read some wonderful Laws-I believe called Putts Laws. These included advice on how to be a successful consultant, such as "a consultant always learns more from the...
Schneider Electric announced the launch of its latest corporate values program NEW 2 NEW is an acronym for New Electric World. The program--effective through 2008--focuses on three principle areas: growth, efficiency and people. Schneider aims to . Schneider Electric announced the launch of its latest corporate...
A STRONG STATE ECONOMY AND INCREASED EFFICIENCY HAS MEANT SMOOTH SAILING FOR MATSON NAVIGATION CO. A STRONG STATE ECONOMY AND INCREASED EFFICIENCY HAS MEANT SMOOTH SAILING FOR MATSON NAVIGATION CO.
Despite the abundant research on material flows and the growing recognition of the need to dematerialize the economy, business enterprises are still not making the best possible use of the many opportunities for material efficiency improvements. This paper proposes one possible solution: material efficiency services provided by outside suppliers. It...
This paper studies the role of asset-market completeness for the properties of optimal policy. A suitable framework for this purpose is the small open economy with complete international asset markets. For in this environment changes in policy represent country-specific risk diversifiable in world markets. The main finding is that the...
From the executive summary: 'Successful marketing, in any situation, requires a combination of insight, patience, and execution. In today's economic conditions, these requirements are doubly important. The right approach requires more than just cutting costs and coasting while waiting out the slump. Only good planning, prioritization and adherence to the...
This paper aims at extending the analysis of the efficiency of equilibria in an OLG framework with asymmetric information. The author studies the stationary states of an economy where consumers, firms and financial intermediaries are at work. The economy is affected by ex post moral hazard due to costly state...
WASHINGTON, March 11 /U.S. Newswire/ -- Given that every oil price shock in U.S. history has been followed by a recession, Congress must tap the potential of energy efficiency to help the U.S. economy, the environment, and national security, Alliance to SWASHINGTON, March 11 /U.S. Newswire/ -- Given that every...
This paper studies the role of asset-market completeness for the properties of optimal policy. A suitable framework for this purpose is the small open economy with complete international asset markets. For in this environment changes in policy represent country-specific risk diversifiable in world markets. Our main finding is that the...
This article talks about the theory of contracting under asymmetric information. It focuses on three main principle of the theory such as: 1. It establish a competitive analog to the revelation principle which is known as an implementation principle. This principle provides a complete characterization of all incentive compatible, indirect...
