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Legal analysis of the European Union sustainability criteria for biofuels

This paper provides a legal analysis and review of the European Union (EU) sustainability criteria for biofuels, presented in Directive 2009/28/EC. The paper discusses the EU sustainability criteria as a tool that could be efficiently utilized to operationalize and implement the concepts of sustainable development and sustainability in an industrial setting. The results of the analysis highlight

Estimation and Model Validation of Diffusion Processes

Estimation and Model Validation of Diffusion Processes Abstract The main motivation for this thesis is the need for estimation and model validation of diffusion processes, i.e. stochastic processes satisfying a stochastic differential equation driven by Brownian motion. This class of stochastic processes is a natural extension of ordinary differential equations to dynamic, stochastic systems