Sökning: "risk-averse agents"

Visar resultat 1 - 5 av 6 avhandlingar innehållade orden risk-averse agents.

  1. 1. Electricity markets operation planning with risk-averse agents: stochastic decomposition and equilibium

    Författare :Nenad Jovanovic; KTH; []
    Nyckelord :TEKNIK OCH TEKNOLOGIER; ENGINEERING AND TECHNOLOGY; decomposition techniques; market equilibrium; risk-averse agents; stochastic optimization;

    Sammanfattning : The growing penetration of renewable energy sources in electricity systems requires adapting operation models to face the inherent variability and uncertainty of wind or solar generation. In addition, the volatility of fuel prices (such as natural gas) or the uncertainty of the hydraulic natural inflows requires to take into account all these sources of uncertainty within the operation planning of the generation system. LÄS MER

  3. 2. Essays on bargaining and delegation

    Författare :Björn Segendorff; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : This dissertation consists of three essays. Essay 1: Delegation and Threat in Bargaining.Two principals ("nations") appoint one agent each to bargain over the provision of a public good. Two institutional set-ups are studied, each with a different level of authority given to the agents. LÄS MER

  4. 3. Robustness During Learning, Interaction and Adaptation for Autonomous Driving

    Författare :Hannes Eriksson; Chalmers tekniska högskola; []
    Nyckelord :NATURVETENSKAP; NATURAL SCIENCES; NATURVETENSKAP; NATURAL SCIENCES; Reinforcement Learning; Epistemic Uncertainty; Uncertainty Quantification; Machine Learning; Autonomous Driving;

    Sammanfattning : In a sequential decision-making process, it is imperative to consider the potential risks of taking incorrect decisions throughout the whole process as all wrongdoings may not be possible to be remedied. This is particularly important when there are potentially catastrophic consequences. LÄS MER

  5. 4. Studies in Mortgage Pricing and Finance Theory

    Författare :Stefan Toll; Bengt Turner; Thomas Lindh; Timothy Riddiough; Uppsala universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; Mortgage pricing; Finance theory; Reverse mortgages; Optimal loan contracts; Credit risk; Nationalekonomi; Economics; Nationalekonomi;

    Sammanfattning : This thesis consists of three self-contained essays.Essay 1 examines the question of why reverse or participating mortgages have not been as much in demand as predicted. A theoretical framework is derived for evaluating the expected utility associated with a reverse or participating mortgage. LÄS MER

  7. 5. Essays on stochastic fiscal policy, public debt and private consumption

    Författare :Torbjörn Becker; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : This dissertation consists of five separate essays (and a short introductory chapter) that analyze the effects of debt policy on private consumption. Essay 1: Government Debt and Private Consumption: Theory and Evidence. The Ricardian equivalence theorem has been widely debated since (at least) the seventies. LÄS MER