Book•
Intermediate microeconomics : A modern approach
01 Jan 2006-
TL;DR: The Varian approach as mentioned in this paper gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation, and is still the most modern presentation of the subject.
Abstract: This best-selling text is still the most modern presentation of the subject. The Varian approach gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation.
Citations
More filters
1 citations
Dissertation•
01 Jan 2017
TL;DR: This dissertation proposes a routing protocol to protect against a specific type of resource depletion attack called Vampire attacks, independent of cryptographic methods, which brings advantage of less energy cost and hardware requirement.
Abstract: This dissertation considers wireless sensor networks (WSNs) operating in severe environments where energy efficiency and security are important factors. This main aim of this research is to improve routing protocols in WSNs to ensure efficient energy usage and protect against attacks (especially energy draining attacks) targeting WSNs.
An enhancement of the existing AODV (Ad hoc On-Demand Distance Vector) routing protocol for energy efficiency, called AODV-Energy Harvesting Aware (AODVEHA), is proposed and evaluated. It not only inherits the advantages of AODV which are well suited to ad hoc networks, but also makes use of the energy harvesting capability of sensor nodes in the network.
In addition to the investigation of energy efficiency, another routing protocol called Secure and Energy Aware Routing Protocol (ETARP) designed for energy efficiency and security of WSNs is presented. The key part of the ETARP is route selection based on utility theory, which is a novel approach to simultaneously factor energy efficiency and trustworthiness of routes in the routing protocol.
Finally, this dissertation proposes a routing protocol to protect against a specific type of resource depletion attack called Vampire attacks. The proposed resource-conserving protection against energy draining (RCPED) protocol is independent of cryptographic methods, which brings advantage of less energy cost and hardware requirement. RCPED collaborates with existing routing protocols, detects abnormal sign of Vampire attacks and determines the possible attackers. Then routes are discovered and selected on the basis of maximum priority, where the priority that reflects the energy efficiency and safety level of route is calculated by means of Analytic Hierarchy Process (AHP).
The proposed analytic model for the aforementioned routing solutions are verified by simulations. Simulations results validate the improvements of proposed routing approaches in terms of better energy efficiency and guarantee of security.
1 citations
Cites background from "Intermediate microeconomics : A mod..."
...That is, the utility of a route is the product of utilities on all the J−1 hops [108]....
[...]
...Many classical books on economics have addressed the field of utility theory exhaustively, such as [65] by Mankiw and [108, 109] by Varian....
[...]
TL;DR: In this article, a risk management instrument, i.e., wind power deviation insurance, is proposed to reduce deviation risks through purchasing the insurance offered by insurance providers, and a case study based on the Norway power market shows the effectiveness of the proposed instrument.
1 citations
24 Mar 2020
Abstract: The allowances in an emission trading system (ETS) are commonly allocated for free to the sector, e.g., in the form of output-based allocation (OBA). The reason is the risk of carbon leakage exposure such as relocation of emission-intensive and trade-exposed industries (EITE). A prime example of this is the EU ETS, where the policymakers have stated that they will continue this practice. However, lately a third approach, combining OBA with a consumption tax, has been proposed to mitigate carbon leakage, and it has been shown to have an unambiguously global welfare improving effect. This paper presents the potential outcome of climate policy, by examining the Nash equilibrium of a policy instrument game between regions who regulate their emissions separately. In particular, we investigate the case when a policymaker can choose to supplement her ETS with OBA and/or with a consumption tax, based on another policymaker’s optimal choice for her ETS. We show analytically the optimal rate of OBA and consumption tax in the presence of a climate polices in another region. Finally, we present the results from a numerical simulation in the context of the EU ETS and the Chinese ETS.
1 citations
Cites background from "Intermediate microeconomics : A mod..."
...The optimal climate policy for each region in this game, or Nash equilibrium outcome, would then be the best choice they make given the other region’s choice (Varian 2010)....
[...]
...The optimal climate policy for each region in this game, or Nash equilibrium outcome, would then be the best choice they make given the other region’s choice (Varian 2010)....
[...]