On agreements in a nonrenewable resource market: A cooperative differential game approach
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2018.11.001
Abstract: We consider a nonrenewable resource duopoly with economic exhaustion. We characterize the set of Pareto efficient equilibria. We show that when firms are sufficiently patient, there exists no Pareto efficient agreement that yields short-run gains… read more here.
Keywords: agreement; nonrenewable resource; efficient agreement; agreements nonrenewable ... See more keywords
Sequential benchmark selection on Pareto-efficient frontiers with endogenous directions
Sign Up to like & getrecommendations! Published in 2022 at "Journal of the Operational Research Society"
DOI: 10.1080/01605682.2021.2020180
Abstract: Abstract Directional distance function (DDF) has been a popular technique in performance evaluation and benchmark selection. However, one drawback of DDF in benchmark selection lies in its inability to ensure Pareto-efficient benchmarks because of the… read more here.
Keywords: endogenous directions; pareto efficient; benchmark selection; benchmark ... See more keywords
Applying the ‘no-one worse off’ criterion to design Pareto efficient HIV responses in Sudan and Togo
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DOI: 10.1097/qad.0000000000002155
Abstract: Introduction: Globally, there is increased focus on getting the greatest impact from available health funding. However, the pursuit of overall welfare maximization may mean some are left worse off than before. Pareto efficiency takes welfare… read more here.
Keywords: pareto; hiv responses; pareto efficiency; pareto efficient ... See more keywords
Pareto Efficient Incentive-Based Real-Time Pricing Model for Balanced Smart Grids
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DOI: 10.1109/access.2021.3138466
Abstract: In this study, a Pareto efficient incentive-based real-time pricing model was designed for balanced energy consumption scheduling (ECS) in a smart grid. In this model, the energy consumption of each subscriber is monitored and updated… read more here.
Keywords: real time; efficient incentive; incentive based; model ... See more keywords