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Resource Rent Taxation and Benchmarking
(2009)CEPE Working PaperThe electricity generation in Switzerland is mainly based on hydropower (55% of total production). The exploitation of water in the hydropower sector can generate significant so-called resource rents. These are defined by the surplus return above the value of capital, labor, materials and energy used to exploit hydropower. In Switzerland, hydropower producers pay to the State a fixed fee per kW gross capacity. With this ...Working Paper -
Der Beginn der Informatisierung im Kanton Zürich. Von der Lochkartenanlage im Strassenverkehrsamt zur kantonalen EDV-Stelle (1957-1970)
(2014)Preprints zur Kulturgeschichte der TechnikWorking Paper -
Super-extreme event's influence on a Weierstrass-Mandelbrot Continuous-Time Random Walk
(2010)arXivWorking Paper -
Using stochastic frontier analysis for the access price regulation of electricity networks
(2002)QuadernoWorking Paper -
ACAI: Protecting Accelerator Execution with Arm Confidential Computing Architecture
(2023)arXivTrusted execution environments in several existing and upcoming CPUs demonstrate the success of confidential computing, with the caveat that tenants cannot securely use accelerators such as GPUs and FPGAs. In this paper, we reconsider the Arm Confidential Computing Architecture (CCA) design, an upcoming TEE feature in Armv9-A, to address this gap. We observe that CCA offers the right abstraction and mechanisms to allow confidential VMs ...Working Paper -
Uncertainty Breeds Decreasing Impatience
(2009)Working paper seriesFuture events are uncertain by their very nature. Therefore, people's risk preferences are likely to play a role in the valuation of allegedly guaranteed future outcomes. We show that future uncertainty conjointly with people's proneness to nonlinear probability weighting generates a unifying framework for explaining many anomalies in intertemporal choice, such as hyperbolic discounting and subadditivity of discount factors. Moreover, our ...Working Paper -
Combining Energy Networks
(2013)Discussion papersThe interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive combined analysis of electricity and natural gas infrastructure with an ...Working Paper -
The Economies of Scale in the French Power Distribution Utilities
(2010)CEPE Working PaperThis paper analyzes the cost structure of the French electricity distribution sector prior to the re-structuring reforms that have been initiated in 2005 and gradually implemented in the form of re-grouping certain activities across distribution units. The aim of this study is to assess the empirical evidence in support of these re-structuring measures. We explore the cost structure of the distribution units operating in France over the ...Working Paper