This paper examines how energy tax cuts, offset with income tax increases, affect production, consumption, and total welfare in the Philippines economy. Our results show that energy tax cuts expand ...

Computational complexity and equilibrium analysis form an interrelated field at the crossroads of theoretical computer science and game theory. Researchers in this area investigate the intrinsic ...

In this paper, we propose a tractable quadratic programming formulation for calculating the equilibrium term structure of electricity prices. We rely on a competitive game theoretic model, with ...

This cover design visually encapsulates the central themes of the research paper by merging symbolic representations of both computational systems and stochastic thermodynamics. A computer chip serves ...

In this paper a procedure is described that computes for a given bimatrix game all stable sets in the sense of Kohlberg and Mertens (1986). Further the procedure is refined to find the strictly ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The law of supply and demand is an economic theory asserting that supply and demand will meet each other at a certain equilibrium price. Kristi Waterworth has been a contributing real estate and ...

Estimation of the operational risk capital under the loss distribution approach requires evaluation of aggregate (compound) loss distributions, which is one of the classic problems in risk theory.