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Path to energy sovereignty: Clean and affordable solutions for remote communities
Feyza G. Sahinyazan1, Serasu Duran2, Jayashankar Swaminathan3
1Beedie School of Business, Simon Fraser University, BC, Canada; 2Haskayne School of Business, University of Calgary, AB, Canada; 3Kenan-Flagler Business School, University of North Carolina, NC, USA
There are more than 1.1 billion people lacking electricity residing in off-grid communities, where extending national electricity grids is infeasible. These communities turn to stand-alone diesel generators for their energy needs, which creates significant economic, operational and environmental challenges. In this study, we identify the optimal capacity investment decisions from the perspective of a remote community and investigate how common policy mechanisms interact with these decisions.
Outcome-based pricing for precision agriculture services
Heng Chen1, Ying Zhang2
1University of Nebraska-Lincoln, United States of America; 2Clemson University, United States of America
Precision agriculture has been promoted by agricultural technology providers through the use of outcome-based pricing (OBP). In this paper, we examine the effects of OBP on the adoption rate of precision agriculture, and the benefits it offers to both farmers and service providers. We develop a two-period game model that incorporates providers' learning from experience. We also explore the implications of government intervention when the service provider switches to OBP from traditional pricing.