The Experts below are selected from a list of 6375 Experts worldwide ranked by ideXlab platform
Stefan Spinler - One of the best experts on this subject based on the ideXlab platform.
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Fleet Replacement, Technology Choice, and the Option to Breach a Leasing Contract†
Decision Sciences, 2015Co-Authors: Andrei Neboian, Stefan SpinlerAbstract:We analyze the option to breach a leasing contract when replacing a fleet of ICVs (internal combustion engine vehicles) and EVs (electric vehicles) subject to cost uncertainty. We derive the optimal policy for Technology Choice and breaching ICV contracts. The decision to breach is shown to offer both cost savings resulting from reduced ICV operating costs and preemptive acquisition, but incurs additional costs arising from the need to compensate for breached vehicles and in the form of opportunity costs. We also demonstrate that the effects of breaching a leasing contract have a ripple effect across the decision horizon, thus amplifying the impact of a single breach. A numerical study based on data from La Poste, the French postal service, shows that breaching a leasing contract in this context offers measurable cost benefits.
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Fleet Replacement, Technology Choice, and the Option to Breach a Leasing Contract
Decision Sciences, 2015Co-Authors: Andrei Neboian, Stefan SpinlerAbstract:We analyze the option to breach a leasing contract when replacing a fleet of ICVs (internal combustion engine vehicles) and EVs (electric vehicles) subject to cost uncertainty. We derive the optimal policy for Technology Choice and breaching ICV contracts. The decision to breach is shown to offer both cost savings resulting from reduced ICV operating costs and preemptive acquisition, but incurs additional costs arising from the need to compensate for breached vehicles and in the form of opportunity costs. We also demonstrate that the effects of breaching a leasing contract have a ripple effect across the decision horizon, thus amplifying the impact of a single breach. A numerical study based on data from La Poste, the French postal service, shows that breaching a leasing contract in this context offers measurable cost benefits. (PsycINFO Database Record (c) 2015 APA, all rights reserved) (journal abstract)
Constantine Hadjilambrinos - One of the best experts on this subject based on the ideXlab platform.
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understanding Technology Choice in electricity industries a comparative study of france and denmark
Energy Policy, 2000Co-Authors: Constantine HadjilambrinosAbstract:Abstract The ability to predict how national electricity industries will respond to the challenges of competition and the demand for sustainability requires a good understanding of the nature of technological systems and a workable theory of Technology Choice. So far, two distinct theoretical perspectives, the economic and socio-political concepts of technological systems, have competed for dominance in policy analysis and policy making. This paper is a comparative study of the way in which the electricity industries of Denmark and France responded to a series of challenges beginning with the 1973 oil crisis and continuing through the present push to liberalise electricity markets. Focussing on the forces that directed technological change in these two nations, I examine the relative importance of economic and socio-political factors. My analysis indicates that socio-political factors which, together, can be described as political traditions have shaped Technology Choice. The Danish and French electricity industries have pursued several objectives in addition to economic efficiency. This has limited the function of free markets. Thus, they should be understood as political structures whose most important characteristic is the distribution of power. In this context, the economic perspective represents a normative demand for the re-arrangement of political values. Technological Choice which radically departs from the status quo implies a significant redistribution of political power and is, therefore, very difficult.
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Understanding Technology Choice in electricity industries: A comparative study of France and Denmark
Energy Policy, 2000Co-Authors: Constantine HadjilambrinosAbstract:The ability to predict how national electricity industries will respond to the challenges of competition and the demand for sustainability requires a good understanding of the nature of technological systems and a workable theory of Technology Choice. So far, two distinct theoretical perspectives, the economic and socio-political concepts of technological systems, have competed for dominance in policy analysis and policy making. This paper is a comparative study of the way in which the electricity industries of Denmark and France responded to a series of challenges beginning with the 1973 oil crisis and continuing through the present push to liberalise electricity markets. Focussing on the forces that directed technological change in these two nations, I examine the relative importance of economic and socio-political factors. My analysis indicates that socio-political factors which, together, can be described as political traditions have shaped Technology Choice. The Danish and French electricity industries have pursued several objectives in addition to economic efficiency. This has limited the function of free markets. Thus, they should be understood as political structures whose most important characteristic is the distribution of power. In this context, the economic perspective represents a normative demand for the re-arrangement of political values. Technological Choice which radically departs from the status quo implies a significant redistribution of political power and is, therefore, very difficult. (C) 2000 Elsevier Science Ltd. All rights reserved.
Andrei Neboian - One of the best experts on this subject based on the ideXlab platform.
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Fleet Replacement, Technology Choice, and the Option to Breach a Leasing Contract†
Decision Sciences, 2015Co-Authors: Andrei Neboian, Stefan SpinlerAbstract:We analyze the option to breach a leasing contract when replacing a fleet of ICVs (internal combustion engine vehicles) and EVs (electric vehicles) subject to cost uncertainty. We derive the optimal policy for Technology Choice and breaching ICV contracts. The decision to breach is shown to offer both cost savings resulting from reduced ICV operating costs and preemptive acquisition, but incurs additional costs arising from the need to compensate for breached vehicles and in the form of opportunity costs. We also demonstrate that the effects of breaching a leasing contract have a ripple effect across the decision horizon, thus amplifying the impact of a single breach. A numerical study based on data from La Poste, the French postal service, shows that breaching a leasing contract in this context offers measurable cost benefits.
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Fleet Replacement, Technology Choice, and the Option to Breach a Leasing Contract
Decision Sciences, 2015Co-Authors: Andrei Neboian, Stefan SpinlerAbstract:We analyze the option to breach a leasing contract when replacing a fleet of ICVs (internal combustion engine vehicles) and EVs (electric vehicles) subject to cost uncertainty. We derive the optimal policy for Technology Choice and breaching ICV contracts. The decision to breach is shown to offer both cost savings resulting from reduced ICV operating costs and preemptive acquisition, but incurs additional costs arising from the need to compensate for breached vehicles and in the form of opportunity costs. We also demonstrate that the effects of breaching a leasing contract have a ripple effect across the decision horizon, thus amplifying the impact of a single breach. A numerical study based on data from La Poste, the French postal service, shows that breaching a leasing contract in this context offers measurable cost benefits. (PsycINFO Database Record (c) 2015 APA, all rights reserved) (journal abstract)
Kenji Takeuchi - One of the best experts on this subject based on the ideXlab platform.
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Technology Choice for reducing nox emissions an empirical study of chinese power plants
Energy Policy, 2017Co-Authors: Kenji TakeuchiAbstract:This study investigates the Choices of denitration Technology in the Chinese thermal power sector. Using a multinomial logit model of the Choices among 1135 boilers in thermal power plants operating in China in 2013, we analyze how the Choices were influenced by government policies, the stringency of national standards, and subsidies for using specific Technology. The results are as follows. First, China's 12th Five-year Plan might make it more attractive for plants to choose the cheapest denitration Technology among the three options examined in this study. Second, Technology Choices differed significantly by region before the 12th Five-year Plan period. These differences have disappeared, perhaps due to the economic development across all regions of China. Third, electricity price subsidies offered to plants that use denitration equipment might affect their Technology Choice. These results suggests that plants might choose the cheapest Technology available, in order to lower investment costs.
Antoine Berthou - One of the best experts on this subject based on the ideXlab platform.
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Does Input-Trade Liberalization Affect Firms' Foreign Technology Choice? - Does input-trade liberalization affect firms' foreign Technology Choice ?
The World Bank Economic Review, 2016Co-Authors: Antoine BerthouAbstract:This paper studies the impact of input-trade liberalization on firms' decision to upgrade foreign Technology embodied in imported capital goods. The empirical analysis is motivated by a simple theoretical framework of endogenous Technology adoption, heterogeneous firms and imported inputs. The model predicts a positive effect of input tariff reductions on firms' Technology Choice to source capital goods from abroad. This effect is heterogeneous across firms depending on their initial productivity level. Relying on India's trade liberalization episode in the early 1990s, this paper demonstrates that the probability of importing capital goods is higher for firms producing in industries that have experienced greater cuts on tariffs on intermediate goods. Only those firms in the middle range of the initial productivity distribution have benefited from input-trade liberalization to upgrade their Technology.