Related papers: European Defence Readiness
This paper studies systemic-risk connectedness in the European insurance sector at three levels of granularity: across major segments of financial markets, across insurance subsectors, and across individual insurance companies. Using a…
Artificial intelligence (AI) is poised to revolutionize military combat systems, but ensuring these AI-enabled capabilities are truly mission-ready presents new challenges. We argue that current technology readiness assessments fail to…
No matter its source, financial- or policy-related, uncertainty can feed onto itself, inflicting the real economic sector, altering expectations and behaviours, and leading to identification challenges in empirical applications. The strong…
The design of the future European energy system depends heavily on how Europe balances its domestic hydrogen production against its reliance on imports. This study reveals that neither-extreme full self-sufficiency nor complete reliance on…
The aim of this study is to contribute to the theory of exogenous economic shocks and their equivalents in an attempt to explain business cycle fluctuations, which still do not have a clear explanation. To this end the author has developed…
This study analyzes public debts and deficits between European countries. The statistical evidence here seems in general to reveal that sovereign debts and government deficits of countries within European Monetary Unification-in average-…
The ongoing transformation of the European energy landscape, driven by the integration of renewable energy sources, digital technologies, and decentralized systems, requires a high degree of interoperability across diverse components and…
Cloud computing represents a significant economic opportunity for Europe. However, this growth is threatened by adoption barriers largely related to trust. This position paper examines trust and confidence issues in cloud computing and…
The assessment of adequacy and security of the energy system requires the detailed knowledge of physical and operational characteristics. In contrast, studies concerning energy transitions employ stylized models that oftentimes ignore the…
While various aspects of edge computing (EC) have been studied extensively, the current literature has overlooked the robust edge network operations and planning problem. To this end, this letter proposes a novel fairness-aware…
2010 has witnessed many public consultations around the world concerning Net neutrality. A second legislative phase that may follow, could involve various structural changes in the Internet. The status that the Internet access has in Europe…
Trade disruptions, the pandemic, and the Ukraine war over the past years have adversely affected global supply chains, revealing their vulnerability. Autonomous supply chains are an emerging topic that has gained attention in industry and…
Over the last decades, space has grown from a purely scientific struggle, fueled by the desire to demonstrate superiority of one regime over the other, to an anchor point of the economies of essentially all developed countries. Many…
The recently experienced disruptions in the EU's energy supply pointed out that supply crises pose a real thread and the member states must be better prepared do deal with the related challenges. According to the current practice, member…
Modern macroeconomic theories were unable to foresee the last Great Recession and could neither predict its prolonged duration nor the recovery rate. They are based on supply-demand equilibria that do not exist during recessionary shocks.…
European digital sovereignty and security increasingly depends on whether high-impact decisions can be grounded in location evidence that remains credible under adversarial pressure. This paper frames a cross-sector analysis as a…
The rise of the internet and computational power in recent years allowed for the exponential growth of misinformation phenomena. An issue that was a non-issue a decade ago, became a challenge for societal cohesion. The emergence of this new…
The transition to net-zero emissions in Europe is determined by a patchwork of country-level and EU-wide policy, creating coordination challenges in an interconnected system. We use an optimisation model to map out near-optimal energy…
This paper studies a special kind of equilibrium termed as "balanced equilibrium" which arises in the power allocation game defined in \cite{allocation}. In equilibrium, each country in antagonism has to use all of its own power to…
The recently announced Energy Union by the European Commission is the most recent step in a series of developments aiming at integrating the EU's gas markets to increase social welfare (SW) and security of gas supply. Based on a spatial…