There has been a growing interest in biofuel production to reduce oil dependence in the transportation sector. However, this has also sparked a debate on how the introduction of biofuels may…

Commodity price cycles can arise when there is a tendency to invest more (less) when current prices are high (low). Traditionally this behavior is interpreted as based upon naïve expectations. However…

Climate change is likely to affect water availability and therefore hydropower generation in many regions of the world. In drying regions, hydropower generation may be impaired, creating a need for…

We analyze whether the decisions made by university students in a framed threshold public good game meet what artisanal gold miners decided in a lab-in-the-field experiment. This work contrasts with…

Efficient provision of electricity requires timely expansions of power transmission capacity. However, regulation does not always send the right signals to generate the required (and timely)…

Yuly Arboleda, Santiago Arango-Aramburo. 2019. Effects of Wholesale Competition in Supply Chains: An Analysis with Heterogeneous Decision-Makers. In: Villa S., Urrea G., Castañeda J., Larsen E. (eds)…

System Dynamics models require calibration as part of the validation process. The available software tools only include one of the methods available for this end. But, the nature of this process…

Seawater Air Conditioning (SWAC) is a sustainable alternative for tropical islands. Despite its potential, adoption has been limited throughout the world. There is a need to understand SWAC adoption…

Crude oil exports and imports play a crucial role in the trade balance of Peru, Colombia and Ecuador. These countries are looking into fossil fuel saving measures as a way to deal with increasing…

This simulation study analyzes the effect of the introduction of forward markets to mitigate cyclical price behavior in electricity markets from a dynamic extended Cobweb model. We pay particular…