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Keywords = remuneration structure

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30 pages, 6379 KB  
Article
Remuneration of Ancillary Services from Microgrids: A Cost Variation-Driven Methodology
by Yeferson Lopez Alzate, Eduardo Gómez-Luna and Juan C. Vasquez
Energies 2025, 18(19), 5177; https://doi.org/10.3390/en18195177 - 29 Sep 2025
Abstract
Microgrids (MGs) have emerged as pivotal players in the energy transition by enabling the efficient integration of distributed energy resources and the provision of ancillary services to the power system. Despite their technical capabilities, MGs still face economic and regulatory barriers that hinder [...] Read more.
Microgrids (MGs) have emerged as pivotal players in the energy transition by enabling the efficient integration of distributed energy resources and the provision of ancillary services to the power system. Despite their technical capabilities, MGs still face economic and regulatory barriers that hinder their widespread deployment in electricity markets. This paper presents a structured methodological framework to assess the economic viability of MGs delivering services such as peak shaving, loss compensation, and voltage support, among others. The proposed approach considers three distinct scenarios: (1) MGs supplying energy to local loads, (2) hybrid MGs combining local supply with ancillary services, and (3) MGs exclusively dedicated to ancillary services. The framework incorporates adjusted levelized cost of electricity (LCOE), levelized avoided cost of electricity (LACE), and net value metrics, while accounting for tax incentives and market price signals. A case study based in Colombia (Cali and Camarones) validates the framework through simulations conducted in HOMER Pro V3.18.4 and MATLAB Online. The results indicate that remuneration schemes based on availability and service utilization significantly enhance the viability of MGs. The proposed methodology is applicable to emerging regulatory environments and offers guidance for designing public policies that promote the active participation of MGs in supporting grid operations. Full article
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16 pages, 828 KB  
Article
Disability Service Providers Supporting Adults with Intellectual Disabilities and Dementia Living in Group Homes: A Qualitative, Exploratory Study
by Irene Belperio and Ruth Walker
Disabilities 2025, 5(3), 83; https://doi.org/10.3390/disabilities5030083 - 17 Sep 2025
Viewed by 278
Abstract
Dementia is a global health issue. For adults with intellectual disabilities living with dementia, diagnosis and support pose unique challenges. For those who reside in shared disability supported accommodation (group homes), there are additional considerations regarding support and ageing in place. Semi-structured interviews [...] Read more.
Dementia is a global health issue. For adults with intellectual disabilities living with dementia, diagnosis and support pose unique challenges. For those who reside in shared disability supported accommodation (group homes), there are additional considerations regarding support and ageing in place. Semi-structured interviews with twelve staff from three disability service providers in Australia were conducted to explore the experiences of disability service providers supporting adults with intellectual disabilities and dementia. The study found that delays in diagnosis hampered timely and effective interventions and, consequently, the care and support received by those adults with intellectual disabilities living with dementia. This impacted organisations’ ability to adequately staff accommodation and remunerate disability support workers. This had implications for those in group homes, where the needs of other residents were affected. Lastly, while ageing in place was considered desirable, none of the provider organisations had guidelines for remaining in the home. This study highlights the need for further investigation into this growing population, including those living in the community. Full article
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39 pages, 714 KB  
Review
Exploring the Evolving Role of Pharmaceutical Services in Community Pharmacies: Insights from the USA, England, and Portugal
by M. Luísa G. Cunha Leal, Ana Rita Rodrigues, Victoria Bell and Mário Forrester
Healthcare 2025, 13(15), 1786; https://doi.org/10.3390/healthcare13151786 - 23 Jul 2025
Viewed by 1686
Abstract
Chronic diseases are a leading cause of death worldwide and have a significant negative impact on public health, overall well-being, national economies, and the long-term sustainability of already burdened health systems. In addressing some of the current health challenges, the contribution of pharmacists [...] Read more.
Chronic diseases are a leading cause of death worldwide and have a significant negative impact on public health, overall well-being, national economies, and the long-term sustainability of already burdened health systems. In addressing some of the current health challenges, the contribution of pharmacists and community pharmacies is of particular significance. Pharmacists play a vital role in the medication use process, enhancing the efficacy of pharmacological interventions and facilitating the delivery of health services. Community pharmacies occupy a key position within the healthcare system, acting as a primary point of contact with the public and frequently representing the most accessible healthcare facility for patients. In recent times, community pharmacies have undergone a process of adaptation, shifting from a narrow focus on the dispensing of medications towards a more comprehensive approach that is patient-centered and incorporates a range of healthcare services, while also prioritizing the quality of the services provided. This work aims to explore the role of pharmacists in the provision of pharmaceutical services in three countries with distinct healthcare systems, examining how these services operate, the requirements for their delivery, the associated remuneration structures, and the extent of out-of-pocket costs for patients—ultimately analyzing their impact on health outcomes. Full article
15 pages, 245 KB  
Article
Remuneration for Own Labour in Family-Run Dairy Farms Versus the Salaries and Wages in Non-Agricultural Sectors of the Economy—Evaluation of the Situation in Poland in 2005–2022
by Andrzej Parzonko, Tomasz Wojewodzic, Marta Czekaj, Renata Płonka and Anna Justyna Parzonko
Agriculture 2025, 15(12), 1314; https://doi.org/10.3390/agriculture15121314 - 19 Jun 2025
Viewed by 650
Abstract
Income level is a key indicator of the standard of living and the economic efficiency of undertaken activities. This paper aims to evaluate the earnings of Polish dairy farmers compared to those in other economic sectors between 2005 and 2022. The analysis covered [...] Read more.
Income level is a key indicator of the standard of living and the economic efficiency of undertaken activities. This paper aims to evaluate the earnings of Polish dairy farmers compared to those in other economic sectors between 2005 and 2022. The analysis covered 1688 family-run farms that participated continuously in the FADN system throughout the study period, with particular emphasis on farms that expanded their dairy cow herds. The remuneration for the labour of farmers and their families was estimated ex post by subtracting the opportunity costs of owned land and capital from farm income. The alternative cost of engaging one’s own land was determined on the basis of actual rental prices for farmland occurring in the surveyed farm groups in the years analysed. This information is collected in the FADN system from which the studied group of farms was drawn. The basis for determining the alternative cost of involvement of own capital was the average interest rates on deposits for households, concluded for a period of 6 months to 1 year inclusive, reported by the National Bank of Poland. The analysed population was divided into seven groups based on the number of dairy cows maintained. The analysis focused on two three-year reference periods: 2005–2007 and 2020–2022. The results were compared with average salaries and wages in non-agricultural sectors of the economy. Structural changes in agriculture, increased productivity, and the expansion of production scale in dairy farms indicate a growing professionalisation of the sector. The rise in farm incomes during the analysed period contributed to a significant increase in the remuneration for farmers’ and their families’ labour. The highest growth in remuneration was observed among farms with the greatest production potential and scale. While in 2005–2007 the remuneration for labour in dairy farms was lower than in non-agricultural sectors, this situation changed in 2020–2022. During this latter period, the average remuneration for labour on dairy farms slightly exceeded the average salary and wages in other sectors of the economy. Full article
(This article belongs to the Special Issue Economics of Milk Production and Processing)
21 pages, 519 KB  
Article
Do Board Characteristics Affect Non-Performing Loans? GCC vs. Non-GCC Insights
by Abdelaziz Hakimi, Hichem Saidi and Soumaya Saidi
Int. J. Financial Stud. 2025, 13(2), 101; https://doi.org/10.3390/ijfs13020101 - 4 Jun 2025
Cited by 1 | Viewed by 1279
Abstract
The Middle East and North Africa (MENA) region has faced challenges like political instability and economic fluctuations, which have impacted non-performing loans (NPL) levels. At the same time, over the years, reforms and regulations have encouraged stronger board structures to enhance corporate governance [...] Read more.
The Middle East and North Africa (MENA) region has faced challenges like political instability and economic fluctuations, which have impacted non-performing loans (NPL) levels. At the same time, over the years, reforms and regulations have encouraged stronger board structures to enhance corporate governance and improve risk management. The purpose of this paper is to investigate how board characteristics affect non-performing in the MENA region. Board characteristics shape governance quality, which influences risk management and reduces banks’ risk-taking behaviours. Hence, effective governance can reduce non-performing loans by improving oversight and credit decisions. To this end, we used a sample of 70 banks operating in 12 countries in the MENA region from 2010 to 2022. The System Generalized Method of Moments (SGMM) was employed as an empirical technique. To benefit from a comparative analysis, we divided the entire sample into two subsamples. The first subsample covers six Gulf Cooperation Council (GCC) countries with 42 banks. The second subsample is also relative to six non-Gulf Cooperation Council (non-GCC) countries with 28 banks. The empirical findings indicate that the presence of independent board members, a higher number of female board members, board remuneration, and the board index decrease NPLs across all regions, including MENA, GCC, and non-GCC. However, we found that board size, tenure, and duality increase NPLs. The results of this paper are beneficial for both policymakers and bankers, as they provide insights into how governance through board characteristics influences credit risk. These results support better decision-making in board appointments and governance practices to improve risk management and reduce non-performing loans. Full article
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20 pages, 1776 KB  
Article
Connecting Care Closer to Home: Evaluation of a Regional Motor Neurone Disease Multidisciplinary Clinic
by Karen Hutchinson, Georgia Fisher, Anna Schutz, Sally Carr, Sophie Heard, Molly Reynolds, Nicholas Goodwin and Anne Hogden
Healthcare 2025, 13(7), 801; https://doi.org/10.3390/healthcare13070801 - 2 Apr 2025
Cited by 1 | Viewed by 863
Abstract
The optimal approach to managing motor neurone disease (MND) is through integrated, person-centred care (PCC), complemented by access to specialised MND multidisciplinary clinics (MDCs). However, in Australia, MND care is fragmented and uncoordinated. Objectives: To evaluate participant experiences of the implementation of a [...] Read more.
The optimal approach to managing motor neurone disease (MND) is through integrated, person-centred care (PCC), complemented by access to specialised MND multidisciplinary clinics (MDCs). However, in Australia, MND care is fragmented and uncoordinated. Objectives: To evaluate participant experiences of the implementation of a new regional MND MDC in New South Wales, Australia, and explore factors influencing its implementation. Methods: A qualitative evaluation was conducted. We used semi-structured interviews with people living with MND (plwMND) (n = 4), family carers (n = 2), healthcare providers (n = 6), and social care providers (n = 2). First, deductive analysis using the Theoretical Domains Framework and COM-B model was applied to identify factors influencing the adoption and sustainability of the MDC. Then, an inductive thematic analysis identified the impact of the MND MDC from participant perspectives. Results: The MND MDC was found to be appropriate and acceptable for providing equitable access to PCC MND care that was ‘closer to home’. The three main themes from the inductive analysis indicated that: 1. Implementing it was a ‘good idea’ [the MND-MDC]; 2. It ‘flushes out’ local service gaps and/or challenges; and 3. It results in positive outcomes. Key facilitators to implementation identified from the deductive analysis were staff expertise, strong trusting relationships with all clinic participants, and the belief that the MND MDC optimised care. Barriers to implementation included a lack of staff remuneration, organisational boundaries, limited representation of specialities, and anticipated difficulties in coordinating care with existing services. Conclusions: The commitment to providing equitable access to an MND MDC in a regional area is crucial to optimise care for plwMND and their families. However, overcoming complex organisational boundaries, creating local solutions, and building strong partnerships are key challenges to securing ongoing financial support and local health district ‘buy-in’ to support sustainability. Full article
(This article belongs to the Special Issue Improving Care for People Living with ALS/MND)
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18 pages, 1158 KB  
Article
Exploring the Determinants of Quality of Work Life in the Construction Industry: A Quantitative Approach
by M. G. Soundarya Priya and K. S. Anandh
Buildings 2024, 14(6), 1607; https://doi.org/10.3390/buildings14061607 - 1 Jun 2024
Cited by 5 | Viewed by 2557
Abstract
This research aims to identify and quantify the factors affecting quality of work life (QWL) among professionals in the Indian construction industry. The study employs a structured questionnaire, distributed to 900 construction professionals, yielding a response rate of 80.44%. The QWL construct was [...] Read more.
This research aims to identify and quantify the factors affecting quality of work life (QWL) among professionals in the Indian construction industry. The study employs a structured questionnaire, distributed to 900 construction professionals, yielding a response rate of 80.44%. The QWL construct was assessed through eight factors: career growth, management, job satisfaction, remuneration and fringe benefits, the work–family interface, emotional intelligence, work culture, and work commitment. Both descriptive and inferential analysis were carried out. The relative importance index method was used to rank these factors based on their relative importance. Work commitment (RII = 0.772) ranked as the most important factor, this was due to work commitment including significant items. The high ranking of this factor suggests that commitment to work is highly valued in the construction industry. The study also employed structural equation modelling to validate the association among these QWL factors. The findings reveal that job satisfaction (t = 0.765) and career growth (t = 0.751) play significant roles in QWL, suggesting that these factors should be prioritized to enhance QWL in the construction industry. The results of this study provide valuable insights for organizations, HR practitioners, and researchers in the construction industry, emphasizing the need to focus on job satisfaction and career growth to enhance QWL. This study contributes to the existing literature by providing a comprehensive analysis of QWL in the construction industry, offering valuable insights for organizations, HR practitioners, and researchers. Future research could adopt longitudinal study designs or qualitative methods to further explore the QWL among construction professionals. Full article
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20 pages, 1540 KB  
Article
Research on the Evaluation and Influencing Factors of China’s Provincial Employment Quality Based on Principal Tensor Analysis
by Yingxue Pan, Xuedong Gao, Qixin Bo and Xiaonan Gao
Sustainability 2024, 16(4), 1458; https://doi.org/10.3390/su16041458 - 8 Feb 2024
Cited by 2 | Viewed by 1782
Abstract
The research on the quality of employment in China holds immense significance for attaining high-quality employment development. Firstly, enhancing the quality of employment facilitates the optimization of labor resource allocation and enhances economic efficiency. Secondly, high-quality employment serves as a fundamental pillar for [...] Read more.
The research on the quality of employment in China holds immense significance for attaining high-quality employment development. Firstly, enhancing the quality of employment facilitates the optimization of labor resource allocation and enhances economic efficiency. Secondly, high-quality employment serves as a fundamental pillar for social equity and stability. Lastly, continual enhancement of employment quality caters to the requirements of social development and plays a crucial role in promoting economic transformation and achieving sustainable development. However, what is the current situation of employment quality in China? How can we scientifically measure employment quality? What are the key factors for the development of employment quality? This study aimed to use spatiotemporal tensor data to measure the level of employment quality in China’s provinces and analyzed the magnitude and direction of its influencing factors in the spatiotemporal dimension. Taking thirty provinces, autonomous regions, and municipalities directly under the central government in China from 2011 to 2020 as the research objects, the employment quality evaluation system was constructed from six dimensions: employment environment, employment status, employability, labor remuneration, social security, and labor relations. The employment quality index data were expressed in the form of three-order, high-dimensional tensor spatiotemporal data, and the employment quality of China’s provinces was measured from the spatiotemporal perspective by using principal tensor analysis. Then, the visual analysis of the development and change process of employment quality was carried out. The spatial autocorrelation analysis of employment quality was carried out, and the time–space dual-fixed-effect model of the spatial Durbin model was selected to analyze the direction and magnitude of the influence factors of employment quality on the selected and neighboring provinces. The research showed that: (1) The overall level of employment quality in China was not high, the employment quality varied greatly among provinces, and the employment quality development gap among provinces showed a trend of widening. (2) The development of employment quality in western China was relatively fast, while the development of employment quality in central China showed insufficient stamina. (3) Sichuan Province had a strong radiation effect on the development of employment quality in neighboring provinces, and Beijing and Tianjin had a strong siphon effect on the development of employment quality in neighboring provinces. (4) The level of industrialization and informatization promoted the development of employment quality in China’s provinces, while the industrial structure had a significant negative effect on the development of employment quality. According to the research findings, the following policy recommendations are proposed: (1) strengthen inter-provincial cooperation and exchange, (2) emphasize support for the central and western regions, (3) fully leverage the radiation effect of Sichuan while optimizing the siphon effect of Beijing and Tianjin, and (4) enhance industrialization and information technology levels, as well as adjust the industrial structure. Full article
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20 pages, 640 KB  
Article
Board Member Remuneration and Earnings Management: The Case of Portugal
by Catarina Gonçalves Dias, Inna Choban de Sousa Paiva and Luísa Cagica Carvalho
Adm. Sci. 2024, 14(1), 20; https://doi.org/10.3390/admsci14010020 - 22 Jan 2024
Cited by 3 | Viewed by 3284
Abstract
This study draws on agency theory and evaluates the effect of the remuneration structures of board members on earnings management, proxied by discretionary accruals. To achieve the objective, this study uses a multiple regression model and a hand-collected dataset of Portuguese-listed firms from [...] Read more.
This study draws on agency theory and evaluates the effect of the remuneration structures of board members on earnings management, proxied by discretionary accruals. To achieve the objective, this study uses a multiple regression model and a hand-collected dataset of Portuguese-listed firms from 2015 to 2019. This study suggests that fixed board remuneration is associated with lower levels of earnings management, as opposed to variable remuneration of board members, which is strongly associated with a higher level of earnings management. The findings based on this study provide useful information to investors and regulators in evaluating the effect of board compensation structure on earnings management. Additionally, this study expands the corporate governance literature by examining an under-researched mechanism to address the agency problem. Full article
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21 pages, 1063 KB  
Article
Assessment of Fee Variability among Built Environment Professionals in South Africa: A Comparative Analysis
by Molusiwa Ramabodu
Buildings 2023, 13(12), 2951; https://doi.org/10.3390/buildings13122951 - 27 Nov 2023
Viewed by 3514
Abstract
Project success has often been impacted by varying factors, such as conflict arising from managing stakeholders’ remuneration, especially bordering on the scale of fees. This paper delves into the intricate landscape of fee variability among built environment professionals in South Africa. By scrutinizing [...] Read more.
Project success has often been impacted by varying factors, such as conflict arising from managing stakeholders’ remuneration, especially bordering on the scale of fees. This paper delves into the intricate landscape of fee variability among built environment professionals in South Africa. By scrutinizing the most recent available data, this research sheds light on the nuanced fee structures prevalent in the industry. To conduct this investigation, a comparative analysis of fee scales across various professions in South Africa was performed. This research employed historical project cost data extracted from an extensive dataset, encompassing project values, fees, and fee percentages for diverse professions involved in projects from 2014 to 2022. This study revealed that low scale levels are associated with poor performance and lead to conditions and attitudes that pose dangers for consultants. This study provides strategies for a firm’s resilience and adaptability in the face of the dynamics associated with fees. Full article
(This article belongs to the Special Issue Property Economics in the Post-COVID-19 Era)
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12 pages, 2033 KB  
Article
Combined Results of Two Cross-Sectional Surveys on the Participation in Clinical Trials and the e-Consent Procedure in the Landscape of Haematology
by Bert Heyrman, Stef Meers, Ann Van De Velde and Sébastien Anguille
Clin. Pract. 2023, 13(6), 1520-1531; https://doi.org/10.3390/clinpract13060133 - 23 Nov 2023
Cited by 2 | Viewed by 1833
Abstract
Despite the motivation of oncology patients to take part in clinical trials, only a minority of them are enrolled in clinical trials. Implementation of new practical procedures can become a barrier that withholds patients from participating in clinical trials. Treating physicians are crucial [...] Read more.
Despite the motivation of oncology patients to take part in clinical trials, only a minority of them are enrolled in clinical trials. Implementation of new practical procedures can become a barrier that withholds patients from participating in clinical trials. Treating physicians are crucial in augmenting trial accrual. The drivers that promote physicians to allocate patients for clinical trials need further assessment. We conducted two separate cross-sectional surveys, addressing patients with a haematological disease in one survey and haematologists in another survey. The patient survey was filled out by 420 patients. Significant relationships between the willingness to participate in a trial and trial knowledge (p < 0.001) and between doctor–patient relationship and participation willingness (p = 0.007) were noted. Patients above 60 years were less willing to use an electronic consent procedure vs. patients younger than 60 (p < 0.001). The physician questionnaire was completed by 42 participants of whom most (83%) were active in and (94%) motivated for clinical trials. Apart from the patient benefit and scientific interest, prestige was an equal motivator closely followed by financial remunerations. First goal was not to harm the patient. Our study confirms the high willingness of patients for trial participation and the need to rethink the structure of trial organisation. The e-consent procedure is not the method preferred by most patients above 60 years old. Full article
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12 pages, 307 KB  
Article
Community Pharmacists’ Role in Reducing the Incidence of Cardiometabolic Adverse Drug Events in Schizophrenia: Insights from Mental Health Professionals
by Rahnee A. Karge, Colin M. Curtain and Mohammed S. Salahudeen
Medicina 2023, 59(12), 2052; https://doi.org/10.3390/medicina59122052 - 21 Nov 2023
Cited by 1 | Viewed by 1998
Abstract
Background and Objectives: Schizophrenia, a debilitating mental illness, is often associated with significant physical health risks. Many second-generation antipsychotics increase the risk of metabolic syndrome and cardiovascular disease. Community pharmacists are highly accessible and could play a role in monitoring cardiometabolic adverse drug [...] Read more.
Background and Objectives: Schizophrenia, a debilitating mental illness, is often associated with significant physical health risks. Many second-generation antipsychotics increase the risk of metabolic syndrome and cardiovascular disease. Community pharmacists are highly accessible and could play a role in monitoring cardiometabolic adverse drug events in people with schizophrenia. However, it remains uncertain whether mental health professionals perceive this as valuable. This study aimed to explore the opinions of mental healthcare professionals regarding the role of community pharmacists in reducing the incidence of cardiometabolic adverse events in people with schizophrenia and their integration into a multidisciplinary mental health team. Materials and Methods: Qualitative semi-structured interviews were conducted with Australian psychiatrists, mental health nurses and mental health pharmacists. Transcription of the interviews underwent thematic analysis using an inductive approach. Results: Eleven mental healthcare professionals from metropolitan and regional areas across Australia were interviewed, leading to the identification of five overarching themes. These themes encompassed the following aspects: the benefits of community pharmacists’ involvement in managing cardiometabolic adverse drug events in people with schizophrenia, improving communication pathways with community pharmacists, defining roles and responsibilities for monitoring cardiometabolic parameters and managing adverse cardiometabolic drug events, fostering collaboration between community pharmacists and mental health care professionals, and recognising the acceptance of community pharmacists’ integration within a multidisciplinary team. Mental health professionals believed that community pharmacists could play a role in reducing the incidence of cardiometabolic adverse events in schizophrenia. However, they underscored the need for enhanced communication and collaboration pathways with other healthcare professionals, emphasised the importance of more comprehensive mental health first aid training, and identified potential barriers for community pharmacists such as remuneration, workload, and staff resources. Conclusions: Mental health professionals acknowledged the benefits of incorporating community pharmacists into multidisciplinary teams as a strategy to reduce the incidence of adverse events among individuals with schizophrenia. They recognise the competence of community pharmacists in monitoring cardiometabolic adverse events. However, these professionals have also highlighted specific perceived barriers to the complete integration of community pharmacists within these teams. Notably, there are concerns related to remuneration, staff resources, time constraints, acceptance by other healthcare professionals and patients, and the need for improved communication pathways. Addressing these barriers and providing targeted training could facilitate the valuable inclusion of community pharmacists in the comprehensive care of people with schizophrenia. Full article
(This article belongs to the Section Pharmacology)
8 pages, 278 KB  
Article
Training, Abilities and the Structure of Teams
by Tobias Hiller
Games 2023, 14(3), 44; https://doi.org/10.3390/g14030044 - 26 May 2023
Cited by 1 | Viewed by 2119
Abstract
Training in firms has an effect on the productivity of employees who receive the training, and depending on the production technology, on the other employees as well. Meanwhile, changing the remuneration structure within a team can change the stability of a team. In [...] Read more.
Training in firms has an effect on the productivity of employees who receive the training, and depending on the production technology, on the other employees as well. Meanwhile, changing the remuneration structure within a team can change the stability of a team. In this paper, we apply the production games approach of cooperative game theory to analyze how training employees affects the stability of team structures and employee wages. Concretely, we apply coalition structures and the χ value. Our results are in line with the literature and numerous further research questions can be addressed based on our approach. Full article
(This article belongs to the Special Issue Applications of Game Theory to Industrial Organization)
22 pages, 2117 KB  
Article
A Framework Proposal for the Ex Post Evaluation of a Solution-Driven PES Scheme: The Case of Medvednica Nature Park
by Stefano Bruzzese, Iva Tolić Mandić, Sanja Tišma, Simone Blanc, Filippo Brun and Dijana Vuletić
Sustainability 2023, 15(10), 8101; https://doi.org/10.3390/su15108101 - 16 May 2023
Cited by 2 | Viewed by 2411
Abstract
Payments for ecosystem services are a voluntary market-based instrument to remunerate provider(s) of ecosystem services by those who benefit from them. Our research aimed to create an ex post evaluation framework to identify bottlenecks and elements hindering the success of a solution-driven PES [...] Read more.
Payments for ecosystem services are a voluntary market-based instrument to remunerate provider(s) of ecosystem services by those who benefit from them. Our research aimed to create an ex post evaluation framework to identify bottlenecks and elements hindering the success of a solution-driven PES scheme. The framework was applied to a case study to assess its feasibility and concerns the provision of health and recreational services in the Medvednica Nature Park (Zagreb, Croatia). The framework was set up through three main sources: the study of PES implementation project documentation, semi-structured interviews with visitors and key stakeholders, and web-scraping of TripAdvisor reviews of the park. The main findings confirm society’s interest in the park, but the lack of mapping, quantification, and accounting of the services analysed, the little or no demand from society to pay for their provision, and confused knowledge of the property rights of some ecosystem service providers in the area limit the success of the PES scheme. The framework was useful to describe the chosen PES scheme and to identify bottlenecks and fragilities of the system in place, allowing it to correct its application flaws and, on the other hand, to demonstrate its replicability in other contexts. Full article
(This article belongs to the Special Issue Forest Ecosystem Services and Urban Green Space)
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21 pages, 2867 KB  
Article
DER Participation in Ancillary Services Market: An Analysis of Current Trends and Future Opportunities
by Martina Arosio and Davide Falabretti
Energies 2023, 16(5), 2443; https://doi.org/10.3390/en16052443 - 3 Mar 2023
Cited by 5 | Viewed by 3316
Abstract
In an effort to push for low-carbon transition, national governments and regulatory authorities are working to define market structures and legislative frameworks able to effectively support the spreading of electricity production from renewables. To this purpose, the opening of national Ancillary Services Markets [...] Read more.
In an effort to push for low-carbon transition, national governments and regulatory authorities are working to define market structures and legislative frameworks able to effectively support the spreading of electricity production from renewables. To this purpose, the opening of national Ancillary Services Markets (ASMs) to Distributed Energy Resources (DERs) plays a key role. However, pricing schemes and rules in place (e.g., incentives) can act as a barrier to the supply of regulation services by small-sized and renewable-based power plants. In this context, the present work evaluates the economic opportunities for DERs provided by the provision of tertiary reserve and balancing control in the Italian ASM. The research is carried out through the collection and processing of price data from the Italian electricity and gas markets over 4 years (2019–2022). Considering a reference architecture where DER units bid on the market through a Balancing Service Provider, the potential revenues on the ASM of a non-programmable or partially programmable DER unit are compared to the earnings expected of a conventional power plant in order to highlight whether unfair competition can represent a barrier. Then, possible evolutions in the current remuneration schemes are analyzed, to evaluate whether they can be able to support a better DER integration. From the analysis, it emerges that, even if negative prices could be useful to increase the competitiveness of RES-based power plants for downward regulation, the loss of the incentives can act as a deterrent to the offering of services on the market by DERs. Therefore, other regulatory options, such as the incentives retention in case of downward regulation, could also be needed. Full article
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