WorldCat Identities

Rutherford, Thomas F.

Overview
Works: 93 works in 133 publications in 5 languages and 323 library holdings
Classifications: kf6425.a6, 330
Publication Timeline
Key
Publications about  Thomas F Rutherford Publications about Thomas F Rutherford
Publications by  Thomas F Rutherford Publications by Thomas F Rutherford
Most widely held works by Thomas F Rutherford
by ( )
in English and held by 24 libraries worldwide
by ( )
in English and held by 22 libraries worldwide
by ( Book )
3 editions published in in English and held by 19 libraries worldwide
by ( Book )
6 editions published in in English and held by 16 libraries worldwide
by ( Book )
2 editions published in in English and held by 14 libraries worldwide
by ( Book )
1 edition published in in English and held by 14 libraries worldwide
by ( Book )
6 editions published in in English and No Linguistic content and held by 9 libraries worldwide
by ( Book )
3 editions published in in English and held by 8 libraries worldwide
The formulation of market equilibrium problems as mixed complementarity problems (MCP)permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the overall economy. Despite the coherence and logical appeal of the integrated MCP approach, implementation cost and dimensionality both impose limitations on its practical application. A complementarity representation involves both primal and dual relationships, often doubling the number of equations and the scope for error. When an underlying optimization model of the energy system includes upper and lower bounds on many decision variables the MCP formulation may suffer in robustness and effciency. While bounds can be included in the MCP framework, the treatment of associated income effects is awkward. We present a decomposition of the integrated MCP formulation that permits a convenient combination of top-down general equilibrium models and bottom-up energy system models for energy policy analysis. We advocate the use of complementarity methods to solve the top-down economic equilibrium model and quadratic programming to solve the underlying bottom-up energy supply model. A simple iterative procedure reconciles the equilibrium prices and quantities between both models. We illustrate this approach using a simple stylized model.
by ( Book )
3 editions published in in English and held by 8 libraries worldwide
by ( Book )
2 editions published in in English and held by 8 libraries worldwide
by ( Book )
4 editions published between and 2005 in English and No Linguistic content and held by 7 libraries worldwide
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here we focus on production by foreign experts who may train domestic unskilled workers who work with them. Gains from training can in turn be decomposed into two types: (a) obtaining knowledge and skills at a lower cost than if they are self-taught at home, (b) producing domestic skilled workers earlier in time than if they the domestic economy had to rediscover the relevant knowledge through reinventing the wheel'. We develop a three-period model in which the economy initially has no skilled workers. Workers can withdraw from the labor force for two periods of self study and then produce as skilled workers in the third period. Alternatively, foreign experts can be hired in period 1 and domestic unskilled labor working with the experts become skilled in the second period. We analyze how production, training, and welfare depend on two important parameters: the cost of foreign experts and the learning (or absorptive') capacity of the domestic economy.
by ( Book )
3 editions published in in English and held by 5 libraries worldwide
by ( Book )
3 editions published in in English and held by 5 libraries worldwide
by ( Book )
2 editions published in in English and held by 5 libraries worldwide
by ( Book )
1 edition published in in English and held by 5 libraries worldwide
by ( Book )
2 editions published in in English and held by 4 libraries worldwide
We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for energy policy analysis. Our objective is primarily pedagogic. We first lay out that the MCP approach provides an explicit representation of weak inequalities and complementarity between decision variables and market equilibrium conditions. This permits us to combine bottom-up technological details and top-down economic richness in a single mathematical format. We then provide a stylized example of how to integrate bottom-up features into a top-down modeling framework along with worked examples and computer programs which illustrate our approach -- ZEW website.
by ( Book )
2 editions published in in English and held by 4 libraries worldwide
 
moreShow More Titles
fewerShow Fewer Titles
Audience Level
0
Audience Level
1
  Kids General Special  
Audience level: 0.81 (from 0.63 for Retirement ... to 0.93 for Chile's re ...)
Languages