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Books > Business & Economics > Economics
A "quick look up guide," Electricity Cost Modeling Calculations
places the relevant formulae and calculations at the reader's
finger tips. In this book, theories are explained in a nutshell and
then the calculation is presented and solved in an illustrated,
step-by-step fashion. A valuable guide for new engineers,
economists (or forecasters), regulators, and policy makers who want
to further develop their knowledge of best practice calculations
techniques or experienced practitioners (and even managers) who
desire to acquire more useful tips, this book offers expert advice
for using such cost models to determine optimally-sized
distribution systems and optimally-structured power supplying
entities. In other words, this book provides an
Everything-that-you-want-to-know-about-cost-modelling-for-electric-utilities
(but were afraid to ask) approach to modelling the cost of
supplying electricity. In addition, the author covers the concept
of multiproduct and multistage cost functions, which are
appropriate in modelling the cost of supplying electricity. The
author has done all the heavy number-crunching, and provides the
reader with real-world, practical examples of how to properly
quantify the costs associated with providing electric service, thus
increasing the accuracy of the results and support for the policy
initiatives required to ensure the competitiveness of the power
suppliers in this new world in which we are living. The principles
contained herein could be employed to assist in the determination
of the cost-minimizing amount of output (i.e., electricity), which
could then be used to determine whether a merger between two
entities makes sense (i.e., would increase profitability). Other
examples abound: public regulatory commissions also need help in
determining whether mergers (or divestitures) are welfare-enhancing
or not; ratemaking policies depend on costs and properly
determining the costs of supplying electric (or gas, water, and
local telephone) service. Policy makers, too, can benefit in terms
of optimal market structure; after all, the premise of deregulation
of the electric industry was predicated on the idea that generation
could be deregulated. Unfortunately, the economies of vertical
integration between the generation.
Artificial intelligence (AI) and knowledge management can create
innovative digital solutions and business opportunities in Asia
from circular and green economies to technological disruption,
innovation, and smart cities. It is essential to understand the
impact and importance of AI and knowledge management within the
digital economy for future development and for fostering the best
practices within 21st century businesses. The Handbook of Research
on Artificial Intelligence and Knowledge Management in Asia's
Digital Economy offers conceptual frameworks, empirical studies,
and case studies that help to understand the latest developments in
artificial intelligence and knowledge management, as well as its
potential for digital transformation and business opportunities in
Asia. Covering topics such as augmented reality. Convolutional
neural networks, and digital transformation, this major reference
work generates enriching debate on the challenges and opportunities
for economic growth and inclusion in the region among business
executives and leaders, IT managers, policymakers, government
officials, students and educators of higher education, researchers,
and academicians.
Many countries around the world rely on the tourism industry to
support their economies, making the safety and protection of
travelers and workers in the industry of paramount importance.
However, few police departments around the world have special
divisions dedicated to the protection of tourism, tourists, and
tourist centers. Tourism-Oriented Policing and Protective Services
is a collection of innovative research on new methods and
strategies for ensuring the security and safety of tourists, while
also allowing law enforcement to take an active role in aiding the
economic development of their city. While highlighting topics
including visitor protection, cultural tourism, and security
services, this book is ideally designed for government officials,
policymakers, law enforcement, professionals within the tourism
industry, academicians, researchers, and students.
The richest one percent of the entire population of the world now
owns more than half of the global wealth. Global wealth is
unequally distributed, gross domestic product (GDP) and consumption
are a declining trend, and poverty is an increasing trend. Each
participant's gain or loss of utility is exactly balanced by the
losses or gains of the utility of the other participants, which
certainly drives an unhealthy and unhappy globe. As such, global
economic thinking must be redefined in order to encourage inclusive
development and better problem solving. Redefining Global Economic
Thinking for the Welfare of Society is a comprehensive reference
source that examines the prevailing economic theories and thinking,
determines the deficiency of some of the existing economic
thinking, and sets up guidelines and transformation of existing
economic thinking. Covering topics that include economic
development, circular economy, and population health, this serves
as an excellent resource for economists, sociologists, government
officials, policymakers, practitioners, faculties of universities
and colleges, students, researchers, and academicians.
With contributions from some of the leading scholars in law and
economics, this comprehensive book summarizes the state of economic
research on litigation, procedure and evidence. Among the topics
covered are the settlement negotiations; discovery; the incentive
to sue; theories of legal evidence; evidentiary misconduct; and the
privilege against self incrimination. A valuable reference tool for
academics and post graduate students in law, business, and
economics. Anyone with a general interest how legal process does
and should work will also find much to interest them in this book.
'The second edition of Procedural Law and Economics is an expanded
and updated collection that highlights new developments and
reiterates older themes. The volume will be essential reading both
for economists who want an introduction to a core legal subject,
and for legal scholars seeking new insights into the such topics as
settlement, fee shifting, and class actions.
Succinct and understandable, this book is a step-by-step guide to
the mathematics and construction of electrical load forecasting
models. Written by one of the world's foremost experts on the
subject, Electrical Load Forecasting provides a brief discussion of
algorithms, their advantages and disadvantages and when they are
best utilized. The book begins with a good description of the basic
theory and models needed to truly understand how the models are
prepared so that they are not just blindly plugging and chugging
numbers. This is followed by a clear and rigorous exposition of the
statistical techniques and algorithms such as regression, neural
networks, fuzzy logic, and expert systems. The book is also
supported by an online computer program that allows readers to
construct, validate, and run short and long term models.
Improving positive and reducing negative organizational behaviors
in businesses are important in terms of organizational success as
this will lead to an increase in employee organizational commitment
and job satisfaction. Considering that the tourism industry has
such a dynamic structure, it is obvious that behavioral issues in
the industry need to be scrutinized. Organizational Behavior
Challenges in the Tourism Industry is a collection of innovative
research that aims to explore relevant theoretical frameworks in
terms of organizational behavior issues and provides the
opportunity for tourism organizations to understand their
employees' behavior. While highlighting topics including emotional
labor, deviant behavior, and organizational cynicism, this book is
ideally designed for hotel managers, tour directors, restaurateurs,
travel agents, business managers, professionals, researchers,
academicians, and students.
Globalization is increasing interconnectedness and is offering
immense opportunities for businesses worldwide. Although it has
been taking place for hundreds of years, it has sped up enormously
over the last half-century, increasing international trade, greater
dependence on the global economy, and freer movement of capital,
goods, and services. While globalization can create opportunities
for wealth in emerging economies, it still cannot completely close
the gap between the world's poorest countries and the world's
richest. Many view globalization as a threat to cultural diversity,
believing that it can drown out local economies, traditions, and
languages and make travel to certain regions less desirable.
Neoliberalism in the Tourism and Hospitality Sector provides
innovative insights into the adoption of glocalization as a measure
to mitigate the threats posed by globalization within the travel
and tourism industries. It is designed for policymakers,
researchers, government officials, and marketers considering
glocalization as a means to sustain the relevancy of local business
and trade.
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