Information Quality in Auctions of Multiple Objects. This project aims at using both theory and laboratory experiments to analyse the formation of prices and the buyers' behaviour at auctions of multiple objects. The study focusses on the comparison of simultaneous auction procedures (in which the objects are sold at once) to sequential auction procedures (in which the objects are sold one after the other) and attention is drawn on the effects of the quality of the buyers' information about the ....Information Quality in Auctions of Multiple Objects. This project aims at using both theory and laboratory experiments to analyse the formation of prices and the buyers' behaviour at auctions of multiple objects. The study focusses on the comparison of simultaneous auction procedures (in which the objects are sold at once) to sequential auction procedures (in which the objects are sold one after the other) and attention is drawn on the effects of the quality of the buyers' information about the assets to be sold on their bidding behaviour and on the seller's revenues. The conduct of laboratory experiments will provide a useful assessment of the theoretical predictions and valuable insights into the effects of buyers' information quality on their bidding behaviour at such markets.Read moreRead less
Adaptation of carbon free fuels to high temperature industrial processes. This project aims to deepen our understanding of the underpinning scientific and engineering solutions required to adapt carbon free renewable fuels to high temperature industrial processes. The project will advance the knowledge base of innovative strategies, such as fuel blending and oxidant stream vitiation needed to replace fossil based fuels with alternatives such as hydrogen, or ammonia. Advance experimental and comp ....Adaptation of carbon free fuels to high temperature industrial processes. This project aims to deepen our understanding of the underpinning scientific and engineering solutions required to adapt carbon free renewable fuels to high temperature industrial processes. The project will advance the knowledge base of innovative strategies, such as fuel blending and oxidant stream vitiation needed to replace fossil based fuels with alternatives such as hydrogen, or ammonia. Advance experimental and computational tools will be used to investigate the controlling parameters to facilitate adaptation including burning characteristics, modes of heat transfer and pollutant emissions. The project will generate deeper understanding of the proposed approaches, detailed and unique high fidelity data, and suitable predictive models.Read moreRead less