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3721 items in total found

Journal Articles | 2018

A two-part dynamic pricing policy for household electricity consumption scheduling with minimized expenditure

Krishnendranath Mitra and Goutam Dutta

International Journal of Electrical Power & Energy Systems

In this paper we propose an optimization model for scheduling electrical appliances for an individual household. Here, customers are offered dynamic prices which are a function of that household’s planned consumption and forecasted grid load. We consider a grid connected system with a battery and an in-house renewable energy generator in the proposed scheduling model. This model minimizes the customer’s electricity bill subject to different constraints. We analyze our model with various pricing policies, price ranges and appliance operation windows. We find that the expenditure of the consumer decreases considerably in our model when shifting from flat prices to dynamic prices based on the forecasted grid load and the consumer’s individual planned consumption. Considerable expenditure reduction and individual load flattening is achieved with the use of a battery and an in-house renewable energy generator. Also, larger the price range, higher is the load flattening and lower is the expenditure. We show that our proposed pricing policy is beneficial to both consumers and suppliers.

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Journal Articles | 2018

Navigating embeddedness: Experiences of Indian IT suppliers and employees in the Netherlands

Muneeb Ul Lateef Banday, Ernesto Noronha, and Premilla D'Cruz

Journal of Business Ethics

In this article, we shift the usual analytical attention of the GPN framework from lead firms to suppliers in the network and from production to IT services. Our focus is on how Indian IT suppliers embed in the Netherlands along the threefold characterization of societal, territorial and network embeddedness. We argue that Indian IT suppliers attempt to display societal embeddedness when they move to The Netherlands. Our findings reveal that the endeavour by Indian IT suppliers to territorially dis-embed from the Dutch context is reinforced by their peripheral position in the network and their ability to offshore work in a bid to contain costs, in addition to the influence of client domination. Therefore, territorial embeddedness is considered to be secondary to societal embeddedness which is intertwined with client interest while neglecting the interest of other network members. Nonetheless, the inter-firm relationship is complex, given the tension between societal, territorial and network embeddedness. While preferring Indian IT suppliers because of their low pricing, Dutch clients also insist on compliance with the institutional context of the Netherlands especially when it comes to Dutch employees. This results in hybridization which means that Indian IT suppliers find ways to adhere to the institutional framework for Dutch nationals while simultaneously insulating Indian employees from the same. Consequently, a highly unfair segmented internal labour market develops, with Dutch nationals being treated more favourably as compared to Indian nationals. Nonetheless, to address these violations, Indian employees prefer individual strategies of resilience and rework rather than a collectivization response.

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Books | 2018

Contract terms are common sense

Akhileshwar Pathak

Penguin Random House India

Books | 2018

Dissent on Aadhaar: Big data meets big brother

Reetika Khera

Orient Black Swan

Books | 2018

Land use change trends of Indian cities- A bird's eye view: Vulnerabilities of unplanned urban growth

Amit Garg, Vidhee Avashia and Shrutika Parihar

Sage

Books | 2018

Indian perspectives on workplace bullying: A Decade of Insights

Premilla D'Cruz, Ernesto Noronha, Avina Mendonza and Nidhi Mishra

Springer

Books | 2018

Business law for managers: Kaleidoscopic tales

Anurag K. Agarwal

Penguin Random House

Books | 2018

Issues in Indian public policies

Vinod B. Annigeri, R.S. Deshpande and Ravindra Dholakia

Springer

Journal Articles | 2018

Dispersion in macroeconomic volatility between the core and periphery of the international trade network

Anindya S. Chakrabarti

Journal of Economic Dynamics and Control

At the country level, macroeconomic volatility tends to correlate with trade openness although the direction of correlation is not stable across samples. Here I consider trade networks as sum of all pairwise trade linkages to emphasize that different linkages contribute differently to the transmission or mitigation of shocks, and show that across the network volatility is inversely related to centrality, a summary measure of strength of the linkages specific to a country. I study a multi-country, multi-sector trade model
subject to idiosyncratic productivity and liquidity shocks, and characterize volatility as an explicit function of centrality, diversification and the Herfindahl of the trade network in equilibrium. With sufficient skewness in trade linkages across countries, similar shocks generate different levels of repercussions across the network. The conventional effect of diversification holds true that countries with better diversified portfolio fluctuate less compared. Centrality directly contributes to better aggregation of shocks. Combined effect of these two channels dominates the opposite effect that a more central country is also more exposed to shocks. The model calibrated to the E.U. generates and closely replicates the negative relationship between centrality and volatility. The
theoretical model is then extended to capture stochasticity and sparsity in the trade networks.

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Journal Articles | 2018

Farmer producer organizations as farmer collectives: A case study from India

Nalini Bikkina, Rama Mohana R. Turaga, and Vaibhav Bhamoriya

Development Policy Review

Small and marginal farmers in India have been vulnerable to risks in agricultural production. Several organizational prototypes are emerging to integrate them into the value chain with the objectives of enhancing incomes and reduction in transaction costs. One such alternative is Farmer Producer Organizations (FPOs). We explore the potential of FPOs as collective institutions through a case study of Avirat, one of the first FPOs in Gujarat. Our analysis suggests that FPOs have the potential to provide benefits through effective collective action. The main challenge, however, is to raise sufficient capital that can maximize these benefits. We discuss the implications of our findings to policy

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