scholarly journals Evaluating Public Policies for Fair Social Tariffs of Electricity in Brazil by Using an Economic Market Model

Energies ◽  
2020 ◽  
Vol 13 (18) ◽  
pp. 4811
Author(s):  
Leticia dos Santos Benso Maciel ◽  
Benedito Donizeti Bonatto ◽  
Hector Arango ◽  
Lucas Gustavo Arango
Keyword(s):  
Electricity Market ◽  
Public Policies ◽  
Electrical Energy ◽  
Market Model ◽  
Economic Market ◽  
New Public ◽  
High Tariff ◽  
Economic Market Model ◽  
Evaluation Of Public Policies ◽  
Poor Population

This paper presents an evaluation of public policies for fare social tariffs of electricity in Brazil by using an economic model of the electricity market (TAROT-Optimized Tariff) that represents the regulated market of distribution of electrical energy. It was considered the scenario of an increasing number of prosumers (residential consumers who self-generate energy) in two of the five major regions of Brazil which have quite different socioeconomic characteristics. However, the current electricity regulation is the same for all concessionaires. In this work a new public policy is proposed, allowing the use of regulation in a different way aiming for a best result for Brazil and particularly for the poor population that today are not able to enjoy the benefits of electricity due to high tariff values. It is also discussed how this can contribute in a positive way to improve the income distribution in these regions, which is evaluated by using the GINI index.

Conclusion

2017 ◽  
Author(s):  
Detlef Pollack ◽  
Gergely Rosta
Keyword(s):  
Eastern Europe ◽  
Western Europe ◽  
The Other ◽  
Market Model ◽  
Economic Prosperity ◽  
Economic Market ◽  
The Everyday ◽  
Economic Market Model ◽  
The One ◽  
Religious Landscape

The most important conclusions of this summarizing chapter are the following: The religious landscape of Eastern Europe is more diverse than that of Western Europe. The cases of Poland and the GDR confirm the hypothesis that there is a link between the diffusion of functions and the growth in the importance of religion. The strong processes of biographical individualization that occurred in the post-communist states did not necessarily intensify individual religiosity. The economic market model cannot be confirmed for Eastern Europe. There is in Eastern and Central Europe a demonstrable link between economic prosperity and the loosening of religious and church ties. What can act as a bulwark against the eroding effects of modernization is church activity on the one hand, and the everyday proximity, visibility, and concreteness of religious practices and rituals, symbols, images, and objects on the other.

Analysis of Pole Sharing Based on an Economic Market Model Proposal

2016 ◽  
Vol 27 (2) ◽  
pp. 228-235
Author(s):  
Lucas Arango ◽  
Hector Arango ◽  
Benedito Donizeti Bonatto ◽  
Edson de Oliveira Pamplona ◽  
Gil Fortes Vasconcelos
Keyword(s):  
Market Model ◽  
Economic Market ◽  
Economic Market Model

scholarly journals Novel insights in the Levy–Levy–Solomon agent-based economic market model

2020 ◽  
pp. 2150020
Author(s):  
Maximilian Beikirch ◽  
Torsten Trimborn
Keyword(s):  
Size Effects ◽  
Random Number Generator ◽  
Finite Size ◽  
Market Model ◽  
Economic Market ◽  
Finite Size Effects ◽  
Agent Based ◽  
Huge Impact ◽  
Economic Market Model ◽  
The Impact

The Levy–Levy–Solomon (LLS) model [M. Levy, H. Levy and S. Solomon, Econ. Lett.45, 103 (1994)] is one of the most influential agent-based economic market models. In several publications this model has been discussed and analyzed. Especially Lux and Zschischang [E. Zschischang and T. Lux, Physica A: Stat. Mech. Appl.291, 563 (2001)] have shown that the model exhibits finite-size effects. In this study, we extend existing work in several directions. First, we show simulations which reveal finite-size effects of the model. Second, we shed light on the origin of these finite-size effects. Furthermore, we demonstrate the sensitivity of the LLS model with respect to random numbers. Especially, we can conclude that a low-quality pseudo-random number generator has a huge impact on the simulation results. Finally, we study the impact of the stopping criteria in the market clearance mechanism of the LLS model.

scholarly journals The economic market outcomes and income distribution when capital is not homogeneous

2019 ◽  
Vol 1 (1) ◽  
pp. 38-56
Author(s):  
Ahmet Özçam
Keyword(s):  
Measurement Problem ◽  
Physical Capital ◽  
Threshold Level ◽  
Market Model ◽  
Economic Market ◽  
Constant Elasticity ◽  
Content Type ◽  
Macroeconomic Analysis ◽  
Long Run ◽  
Short Run

Purpose An aggregate production function has been used in macroeconomic analysis for a long time, even though it seems that it is conceptually confusing and problematic. The purpose of this paper is to argue that the measurement problem related to the heterogenous capital input that exists in macroeconomics is also relevant to microeconomic market situations. Design/methodology/approach The author constructed a microeconomic market model to address both the problems of the measurement of the physical capital and of substitutability between labor and capital in the short run using two types of technologies: labor neutral and labor reducing. The author proposed that labor and physical capital inputs are complementary in the short run and can become substitutes only in the long run when the technology advances. Findings The author found that even if the technology improves at a fast rate over time, there are then diminishing returns of profits to technology and an upper limit to profits. Moreover, the author showed that under the labor-reducing technology, labor class earns more initially as technology improves, but their incomes start declining after some threshold level of passage of time. Originality/value The author cautioned the applied researcher that the estimated labor and capital coefficients of generalized Cobb–Douglas and constant elasticity of substitution of types of production functions could not be interpreted as partial elasticities of labor and capital if in reality the data come from fixed-proportions types of processes.

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