This year’s Nobel Prize winners in economics were two economists from Stanford University. Robert Wilson and Paul Milgrom improved upon the auction theory and developed new modalities of auctions, thereby opening novel options to improve market efficiency and appropriate resource allocation. Robert Wilson was the first to create a framework for analyzing auctions[1] in order … [Read more...] about Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
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Innovative Finance Models for Energy Efficiency
How can we promote investment in the Caribbean, a region which has long experienced some of the highest energy costs in the world? There are significant barriers to obtaining financing to develop energy efficiency projects in the region. … [Read more...] about Innovative Finance Models for Energy Efficiency