PROJECT: ATM Forum Technical Committee Traffic Management Subworking Group --------------------------------------------------------------------------------------------------------------SOURCE: H. T. Kung and Trevor Blackwell Alan Chapman Harvard University Northern Telecom & Sandia National Laboratories Phone: (617) 496-6211 Phone: (613) 763-5221 FAX: (617) 496-5508 FAX: (613) 763-2803 Email: k...

Australia is currently developing a carbon emissions trading program. The Garnaut report recommendations include options for emissions trajectories, coverage, permit allocation, inter-temporality, governance and compliance. This paper reports the results of a series of economic experiments in which we explored spot and future markets given high and low levels of carbon credit reductions. The re...

The SweGrid Accounting System (SGAS) allocates capacity in collaborative Grid environments by coordinating enforcement of Grid-wide usage limits as a means to offer usage guarantees and prevent overuse. SGAS employs a credit-based allocation model where Grid capacity is granted to projects via Grid-wide quota allowances that can be spent across the Grid resources. The resources collectively enf...

Academic communities have adopted different conventions for ordering authors on academic publications. Are these choices inconsequential, or can they significantly impact individual authors, or even communities at large? We consider a game theoretic model to study allocation of credit to authors; in particular, we find that alphabetical ordering can lead to higher research quality, while orderi...

This paper employs euro area firm-level data covering the years 2002–18 to examine impact of cross-border debt flows on domestic allocation credit across firms conditional their profitability. As only driven by global push factors are exogenous with respect allocation, I overcome endogeneity instrumenting them a measure uncertainty (VIX). My results show that raise growth rates low performing s...

Abstract With the increasing availability of online scholarly databases, publication records can be easily extracted and analysed. Researchers promptly keep abreast others’ scientific production and, in principle, select new collaborators build research teams. A critical factor one should consider when contemplating potential collaborations is possibility unambiguously defining expertise other ...

Here we investigate the existence of credit in a cash-in-advance economy where there are complete markets but for the fact that agents cannot commit to repay their debts. Defectors are banned from the credit market but they can use money balances for saving purposes. Without uncertainty, deflation crowds out credit completely. The equilibrium allocation, however, is efficient if the government ...

Micro enterprise is extremely important for the development of entrepreneurs, help human development, poverty reduction and employment generation both in rural and urban areas. The specific objective underlies in the provision of resource allocation, infusion of vital potent promoting microenterprise and to peruse socioeconomic patronization for development of the microenterprise. Secondary dat...

The R&E tax credit has never been effective and subsequent attempts to restructure it have not addressed the major deficiencies. Moreover, in the 25 years since the R&E tax credit was enacted, a steadily increasing number of countries have implemented or expanded competing tax incentives, which in many cases are better structured and larger in size. As a result, the relative impact of the US cr...

For credit risk management purposes in general, and for allocation of regulatory capital by banks in particular (Basel II), numerical assessments of the credit-worthiness of borrowers are indispensable. These assessments are expressed in terms of probabilities of default (PD) that should incorporate a certain degree of conservatism in order to reflect the prudential risk management style banks ...