Now showing items 1-10 of 18
A stitch in time saves nine : the costs of postponing action in climate policy
(Report;2011:16, Research report, 2011)
The main purpose of this report is to investigate the effects of postponing implementation of a carbon tax assuming that externalities associated with climate change and global warming is real. Failing to internalize these ...
The ensemble kalman filter for multidimensional bioeconomic models
(Working papers;04/14, Working paper, 2014-03)
To serve the needs for integrating economic considerations into management decisions in ecosystem frameworks, we need to build models that capture observed system dynamics and incorporate existing knowledge of ecosystems ...
Stackelberg equilibria in continuous newsvendor models with uncertain demand and delayed information
(Journal article; Peer reviewed, 2014)
We consider explicit formulae for equilibrium prices in a continuous-time vertical contracting model. A manufacturer sells goods to a retailer, and the objective of both parties is to maximize expected profits. Demand ...
The ensemble Kalman filter in bioeconomics
(Discussion paper;2012:5, Working paper, 2012-05)
We demonstrate the power of the Ensemble Kalman Filter in specifying ecosystem models ideal for bioeconomic analysis. Bioeconomic analysis requires models to be relatively simple, but models must still capture the nature ...
Analyzing risk of stock collapse in a fishery under stochastic profit maximization
(Discussion paper;2012:4, Working paper, 2012-04)
In commercial fisheries, stock collapse is an intrinsic problem caused by overexploitation or due to pure stochasticity. To analyze the risk of stock collapse, we apply a relatively simple Monte Carlo approach which can ...
Stackelberg equilibria in a multiperiod vertical contracting model with uncertain and price-dependent demand
(Discussion paper;2012:2, Working paper, 2012-02)
In this paper, we consider Stackelberg games in a multiperiod vertical contracting model with uncertain demand. Demand has a distribution with a mean and variance that depend on the current retail price, and this ...
A maximum entropy approach to the newsvendor problem with partial information
(Discussion paper;2011:14, Working paper, 2011-08)
In this paper, we consider the newsvendor model under partial information, i.e., where the demand distribution D is partly unknown. We focus on the classical case where the retailer only knows the expectation and variance ...
Do species interactions and stochasticity matter to optimal management of multispecies fisheries?
(Discussion paper;2012:1, Working paper, 2012-01)
The multispecies fisheries management looks at a bigger picture in addressing the long-term consequences of present decisions. This implies an ecosystem management that includes a number of species and their physical, ...
Stochastic Stackelberg equilibria with applications to time dependent newsvendor models
(Discussion paper2011:9, Working paper, 2011-05)
Mixed contracts for the newsvendor problem with real options
(Discussion paper2011:6, Working paper, 2011-04)