Search Results - "Kleit, Andrew N."

Mining rate optimization considering the stockpiling: A theoretical economics and real option model by Zhang, Kuangyuan, Kleit, Andrew N.

“…In the extraction of metal from a mine, the intermediate ore between the economic and the breakeven cutoff grade is usually stockpiled for future processing…”
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The real option value of mining operations using mean-reverting commodity prices by Zhang, Kuangyuan, Nieto, Antonio, Kleit, Andrew N.

“…By determining the optimal price threshold of mining activation, this research aims at estimating a mine’s in situ value by incorporating its real option value…”
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An economics strategy for criticality – Application to rare earth element Yttrium in new lighting technology and its sustainable availability by Zhang, Kuangyuan, Kleit, Andrew N., Nieto, Antonio

“…In the sustainability of the US economy to restrictions in the supply of various rare earth elements (REEs) have been of great concern over the last decade…”
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The impact of the under enforcement of RPS in China: An evolutionary approach by Fang, Debin, Zhao, Chaoyang, Kleit, Andrew N.

“…The implementation of renewable portfolio standards (RPS) in China is limited by the interests of the sector being regulated. Power companies generally lack…”
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Energy storage systems in energy and ancillary markets: A backwards induction approach by Cho, Joohyun, Kleit, Andrew N.

“…•Battery ESS is assumed to be used for both energy and reserve markets.•Battery ESS is considered to be an exhaustible resource due to fixed life…”
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Exploring the driving mechanism and the evolution of the low‐carbon economy transition: Lessons from OECD developed countries by Yu, Bolin, Fang, Debin, Kleit, Andrew N., Xiao, Kun

“…The low‐carbon transition involves achieving the coordinated development between economic development and carbon reduction. This paper utilises an integrated…”
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How a choice between emission trading and tax schemes affects an environment-biased Environmental Protection Bureau's discretion? by Fang, Debin, Wang, Dan, Kleit, Andrew N.

“…In choosing environmental regulatory instrument and setting standards, a government relies on an Environmental Protection Bureau's (EPB) informational…”
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Marginal vs. average effective load carrying capability: How should capacity markets deal with alternative generation forms? by Aagaard, Todd, Kleit, Andrew N.

“…Measuring the contribution of variable and supply-limited generation resources to grid reliability is becoming increasingly relevant as such resources expand…”
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Is prorationing efficiency-enhancing or rent-seeking?: Evidence from a natural experiment by Foreman, R. Dean, Kleit, Andrew N.

“…Prorationing is used as a textbook definition of a solution to the market failure presented by the common pool aspects of oil and natural gas (see, for…”
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Measuring Potential Efficiency Gains from Deregulation of Electricity Generation: A Bayesian Approach by Kleit, Andrew N., Tecrell, Dek

“…This paper examines the efficiency of electric power generation plants in the United States. A 1996 data set from the Utility Data Institute and county-level…”
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Money for Nothing? Why FERC Order 745 Should have Died by Chen, Xu, Kleit, Andrew N.

“…Customer baseline load (CBL) measurement is designed to represent participants' expected usage in a number of electricity demand response (DR) programs. Our…”
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Risk of commodity price, production cost and time to build in resource economics by Zhang, Kuangyuan, Olawoyin, Richard, Nieto, Antonio, Kleit, Andrew N.

“…Real option theory has been extensively applied to natural resource extraction modeling and risk management, which proves to be a significantly more powerful…”
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Impact of FDA Actions, DTCA, and Public Information on the Market for Pain Medication by Bradford, W. David, Kleit, Andrew N.

“…Nonsteroidal anti‐inflammatory drugs (NSAIDs) are one of the most important classes of prescription drugs used by primary care physicians to manage pain. The…”
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THE COMPLEXITY DILEMMA IN POLICY MARKET DESIGN by Aagaard, Todd S, Kleit, Andrew N

“…Regulators are increasingly pursuing their policy objectives by creating markets. To create a policy market, regulators require firms to procure a product that…”
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Deregulation and Investment in Generation Capacity: Evidence from Nuclear Power Uprates in the United States by Lei, Zhen, Tsai, Chen-Hao, Kleit, Andrew N.

“…Nuclear power uprates are investments in generation capacity that enable reactors to operate beyond their original power limit. We find that owners of…”
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Mining and community relations in Peru: can agreement be reached? by Morales, Oswaldo, Kleit, Andrew N, Rees, Gareth H

“…Purpose The purpose of this paper is to introduce a country’s mixed history of colonialism and cultural heritage as a background to the management of a mining…”
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Restructuring and the retail residential market for power in Pennsylvania by Kleit, Andrew N., Shcherbakova, Anastasia V., Chen, Xu

“…In January 2010 electricity retail residential rate caps expired in a large part of Pennsylvania, allowing consumers to shop for electricity in the retail…”
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Willingness to pay for telemedicine assessed by the double-bounded dichotomous choice method by Bradford, W David, Kleit, Andrew N, Krousel-Wood, M A, Re, Richard M

“…We investigated the willingness of patients with chronic heart failure (CHF) to pay for access to medical care via telemedicine, as an alternative to visits to…”
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Impacts of Long-Range Increases in the Fuel Economy (CAFE) Standard by Kleit, Andrew N.

“…This work models the impact of higher CAFE standards on producer and consumer welfare, gasoline consumption, externalities from increased driving, and the…”
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Are Vertical Restraints Pro- or Anticompetitive? Lessons from Interstate Circuit by Butz, David A., Kleit, Andrew N.

“…At the heart of antitrust law is the prohibition on horizontal collusion. To enforce this prohibition, the law must accurately define what collusion entails…”
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