<p>    </p> <p>We live in an age in which computation touches upon every aspect of our lives in ever increasing ways. To meet the demand for increased computing power and ability, new computation strategies are continually being proposed. In this dissertation, we consider two research projects related to two such cutting edge paradigms. We first consider developing superconducting devices that implement asynchronous reversible ballistic computation. This paradigm was developed to circumvent Landauer’s principle of a minimum energy required per bitwise computation operation. We report the design of a new device, the rotary, which is a critical step towards developing universal computation gates in the scheme of synchronous reversible ballistic computation. Next, we turn to the consideration of anyons which have been predicted to enable topological quantum computing, a quantum computing paradigm that is relatively immune to environmental noise. We consider initial steps in the development of a Bethe ansatz solvable model that will help decipher the many-body properties of Majorana zero modes in superconducting Kitaev wires. </p>

<p>Efficient global dynamic optimization (GDO) using spatial branch-and-bound (SBB) requires the ability to construct tight bounds for the dynamic model. This thesis works toward efficient GDO by developing effective convex relaxation techniques for models with ordinary differential equations (ODEs). In particular, a novel algorithm, based upon a verified interval ODE method and the McCormick relaxation technique, is developed for constructing convex and concave relaxations of solutions of nonlinear parametric ODEs. In addition to better convergence properties, the relaxations so obtained are guaranteed to be no looser than their underlying interval bounds, and are typically tighter in practice. Moreover, they are rigorous in the sense of accounting for truncation errors. Nonetheless, the tightness of the relaxations is affected by the overestimation from the dependency problem of interval arithmetic that is not addressed systematically in the underlying interval ODE method. To handle this issue, the relaxation algorithm is extended to a Taylor model ODE method, which can provide generally tighter enclosures with better convergence properties than the interval ODE method. This way, an improved version of the algorithm is achieved where the relaxations are generally tighter than those computed with the interval ODE method, and offer better convergence. Moreover, they are guaranteed to be no looser than the interval bounds obtained from Taylor models, and are usually tighter in practice. However, the nonlinearity and (potentially) nonsmoothness of the relaxations impedes their fast and reliable solution. Therefore, the algorithm is finally modified by incorporating polyhedral relaxations in order to generate relatively tight and computationally cheap linear relaxations for the dynamic model. The resulting relaxation algorithm along with a SBB procedure is implemented in the MC++ software package. GDO utilizing the proposed relaxation algorithm is demonstrated to have significantly reduced computational expense, up to orders of magnitude, compared to existing GDO methods.</p> / Doctor of Philosophy (PhD)

This research aims to investigate the behaviour of glass fibre reinforced polymer bars (GFRP) reinforced continuous concrete deep beams. For this purpose, experimental, analytical and numerical studies were conducted. Nine continuous concrete deep beams reinforced with GFRP bars and one specimen reinforced with steel bars were experimentally tested to failure. The investigated parameters included shear span-to-overall depth ratio (𝑎/ℎ), size effect and web reinforcement ratio. Two 𝑎/ℎ ratios of 1.0 and 1.7 and three section heights of 300 mm, 600 mm and 800 mm as well as two web reinforcement ratios of 0% and 0.4% were used. The longitudinal reinforcement, compressive strength and beam width were kept constant at 1.2%, ≈55 MPa and 175 mm, respectively. The web reinforcement ratio achieved the minimum requirements of the CSA S806-12. The experimental results highlighted that the web reinforcement ratio improved the load capacities by about 10% and 18% for specimens having 𝑎/ℎ ratios of 1.0 and 1.7, respectively. For specimens with web reinforcement, the increase of 𝑎/ℎ ratio from 1.0 to 1.7 led to reductions in the load carrying capacity by about 33% and 29% for beams with overall depths of 300 mm and 600 mm, respectively. Additionally, a considerable reduction occurred in the shear strength due to the increase of the section depth from 300 mm to 600 mm. The experimental results confirmed the impacts of web reinforcement and size effect that were not considered by the strut-and-tie method (STM) of the only code provision, the Canadian S806-12, that addressed such elements. In this study, the STM was illustrated and simplified to be adopted for GFRP RC continuous deep beams, and then, the experimental results obtained from this study were employed to assess the performance of the effectiveness factors suggested by the STMs of the American (ACI 318-2014), European (EC2-04) and Canadian (S806-12) codes as well as those factors recommended by the previous studies to predict the load capacities. It was found that these methods were unable to reflect the influences of member size and/or web reinforcement reasonably, the impact of which has been confirmed by the current experimental investigation. Therefore, a new effectiveness factor was recommended to be used with the STM. Additionally, an upper bound analysis was developed to predict the load capacities of the tested specimens considering a reduced bond strength of GFRP bars after assessing the old version recommended for steel RC continuous deep beams. A good agreement between the predicted results and the measured ones was obtained with the mean and coefficient of variation values for experimental/calculated results of 1.02 and 5.9%, respectively, for the STM and 1.03 and 8.6%, respectively, for the upper-bound analysis. A 2D finite element analysis using ABAQUS/Explicit approach was carried out to introduce a model able to estimate the response of GFRP RC continuous deep beams. Based on the experimental results extracted from the pullout tests, the interface between the longitudinal reinforcement and concrete surface was modelled using a cohesive element (COH2D4) tool available in ABAQUS. Furthermore, a perfect bond between the longitudinal reinforcement and surrounding concrete was also modelled to evaluate the validity of this assumption introduced by many previous FE studies. To achieve a reasonable agreement with the test results, a sensitivity analysis was implemented to select the proper mesh size and concrete model variables. The suitability and capability of the developed FE model were demonstrated by comparing its predictions with the test results of beams tested experimentally. Model validation showed a reasonable agreement with the experiments in terms of the failure mode, total failure load and the load-deflection responses. The perfect bond model has overestimated the predicted results in terms of stiffness behaviour and failure load, while the cohesive element model was more suitable to reflect the behaviour of those specimens. The validated FE model was then employed to implement a parametric study for the key parameters that govern the behaviour of beams tested and to achieve an in depth understanding of such elements. The parametric study showed that the higher the 𝑎/ℎ ratio the more pronounced the effect of web and the longitudinal reinforcements and the lower the effect of concrete compressive strength; and vice versa when 𝑎/ℎ ratio reduces.

Pine tree substrate (PTS) is a relatively new substrate for container crop production. There are no detailed studies that elucidate how storage time impacts PTS chemical, physical, and biological aspects. The objective of this research was to determine how PTS storage time influenced PTS chemical and physical properties, nitrification, and plant growth. Pine tree substrate was manufactured by hammer-milling chips of loblolly pine trees (Pinus taeda L.) through two screen sizes, 4.76 mm (PTS) and 15.9 mm amended with peat (PTSP). PTS and PTSP were amended with lime at five rates. A peat-perlite mix (PL) served as a control treatment. Prepared substrates were placed in storage bags and stored in an open shed in Blacksburg, Virginia. Subsamples were taken at 1, 42, 84, 168, 270, and 365 days. At each subsampling day, twelve 1-L containers were filled with each substrate. Six containers were left fallow and six were planted with marigold (Tagetes erecta L. "Inca Gold") seedlings. Substrate was also collected from select treatments for Most Probable Number assays to estimate density of nitrifying microorganisms, and for chemical and physical property analyses. Pour-through extracts were collected from fallow containers at 0, 2, and 4 weeks, and from marigold containers at harvest for determination of pH, electrical conductivity, ammonium-N and nitrate-N. At harvest, marigold height, width, and dry weight were measured. At least 1 kg·m-3 lime for PTS, and 2 to 4 kg·m-3 lime for PTSP were needed to maintain pH values ≥ 5.5 for 365 days. Bound acidity of unlimed PTS increased but cation exchange capacity for unlimed PTS and PTSP decreased over 365 days. Carbon to nitrogen ratio and bulk density values were unchanged over time in all treatments. There were minor changes in particle size distribution for limed PTS and unlimed and limed PTSP. Marigold growth in PTS and PTSP was ≥ PL in all limed treatments, except at day 1. Nitrite-oxidizing microorganisms were present and nitrification occurred in PTS and PTSP at all subsampling days. Pine tree substrate is relatively stable in storage, but pH decreases, and lime addition may be necessary to offset this decrease. / Ph. D.

In urban areas, trees are often planted in bare soil sidewalk openings (tree pits) which recently are being covered with permeable pavements. Pavements are known to alter soil moisture and temperature, and may have implications for tree growth, root development and depth, drought resilience, and sidewalk lifting. Furthermore, tree pits are often the only unsealed soil surface and are important for water exchange between soil and atmosphere. Therefore, covering tree pits with pavement, even permeable, may have implications for the urban water balance and stormwater management. A better understanding of permeable pavement on tree pavement soil system functioning can inform improved tree pit and street design for greater sustainability of urban environments. We conducted experiments at two sites in Virginia, USA (Mountains and Coastal Plain) with different climate and soil. At each location, we constructed 24 tree pits in a completely randomized experiment with two factors: paved with resin-bound porous-permeable pavement versus unpaved, and planted with Platanus x acerifolia 'Bloodgood' versus unplanted (n = 6). We measured tree stem diameter, root growth and depth, and soil water content and temperature over two growing seasons. We also monitored tree sap flow one week in June 2017 at the Mountains. In addition, we calibrated and validated a soil water flow model, HYDRUS-1D, to predict soil water distribution for different rooting depths, soil textures and pavement thicknesses. Trees in paved tree pits grew larger, with stem diameters 29% (Mountains) and 51% (Coastal Plain) greater. Roots developed faster under pavement, possibly due to the increased soil water content and the extended root growing season (14 more days). Tree transpiration was 33% of unpaved and planted pit water outputs, while it was 64% for paved and planted pits. In June 2016, planted pits had decreased root-zone water storage, while unplanted pits showed increased storage. A water balance of the entire experimental site showed overall decreased soil water storage due to tree water extraction becoming the dominant factor. HYDRUS-1D provided overall best results for model validation at 10 cm depth from soil surface (NSE = 0.447 for planted and paved tree pits), compared to 30- and 60 cm depths. HYDRUS-1D simulations with greater pavement thickness resulted in changes in predicted soil water content at the Coastal Plain, with higher values at 10- and 30-cm depths, but lower values at 60-cm depth. At the Mountains, virtually no difference was observed, possibly due to different soil texture (sandy vs clayey). Tree pits with permeable pavement accelerated tree establishment, but promoted shallower roots, possibly increasing root-pavement conflicts and tree drought susceptibility. Paved tree pits resulted in larger trees, increasing tree transpiration, but reduced soil evaporation compared to unpaved pits. Larger bare soil pits surrounded by permeable pavement might yield the best results to improve urban stormwater retention. Also, HYDRUS 1D was successful at simulating soil water content at 10-cm depth and may be valuable to inform streetscape design and planning. / PHD / Trees in cities are often planted in pavement cutouts (tree pits) that are usually the only available area for water exchange between soil and atmosphere. Tree pits are typically covered with a variety of materials, including permeable pavement. Pavements are known to modify soil water distribution and temperature, affecting tree growth, rooting depth, drought resilience, and sidewalk lifting. A better understanding of this system can inform tree pit and street design for greater sustainability. We constructed 24 tree pits at each of two regions in Virginia, USA (Mountains and Coastal Plain). These tree pits were paved with permeable pavement or unpaved, and planted with London Plane or unplanted. We measured stem diameter, root growth, and soil water content and temperature over two years and tree sap flow for one week in summer (Mountains only). We also used a soil water flow model, HYDRUS-1D, to predict water distribution for different rooting depths, soil textures and pavement thicknesses. After the first growing season trees in pavement were larger, with stem diameters 29% (Mountains) and 51% (Coastal Plain) greater. Roots developed faster under pavement, possibly due to increased soil water content and a 14-day increase in root growing season. Also, in June 2017, tree transpiration was 33% of unpaved-and-planted pit water outputs, and 64% of paved-and-planted pits. In June 2016, root-zone water storage decreased in planted pits but increased in unplanted pits. When considering the entire experimental site, soil water storage decreased, with tree water extraction being the dominant factor. HYDRUS-1D performed better at 10-cm soil depth than at 30- and 60-cm depths. At the Coastal Plain, HYDRUS-1D predicted higher soil water content at 10- and 30-cm depths with increased pavement thickness, but lower values at 60-cm depth. At the Mountains, there was no effect, possibly due to higher clay content. Permeable pavement accelerated tree establishment, but promoted shallower roots, increasing drought susceptibility and risk for root-pavement conflicts. Pavement resulted in larger trees and greater transpiration, but reduced soil evaporation. Larger bare-soil pits surrounded by permeable pavement might optimize stormwater retention.

For peanuts, roasted at 170 °C, the formation of selected glycerol-bound oxidized fatty acids (GOFAs), namely 9-oxononanoic acid (9-ONA), azelaic acid (AZA) and octanoic acid, was observed by GC-MS (EI). The content of octanoic acid as well as AZA increased with continuous roasting time (from 59 mg/kg peanut oil to 101 mg/kg peanut oil and from not detectable to 8 mg/kg peanut oil, respectively), whereas the content of 9-ONA initially decreased from 25 mg/kg peanut oil to 8 mg/kg peanut oil (20 min) and increased again up to 37 mg/kg peanut oil following roasting for 40 min. Due to its aldehyde function, 9-ONA could contribute to amino acid side chain modifications as a result of lipation, which could directly influence the functional properties of peanut proteins. Both 9-ONA and octanoic acid are potential markers of thermal processes. Furthermore, in model experiments using methyl linoleate and methyl oleate, up to 18 oxidized fatty acids could be identified as methyl esters, 9-ONA as well as octanoic acid as major components and a faster formation of GOFAs under roasting conditions (170 °C, 20 min). In addition, 9-ONA contributes to the formation of AZA and octanoic acid in both free and bound form as a result of oxidative subsequent reactions in presence of iron (III).

Wellenleiter Quantenelektrodynamik (Wellenleiter QED) ist ein wichtiger Baustein in vielen zukünftigen, auf Quantenmechanik basierenden Technologien wie z.B. Quantencomputer. Ein typisches Modellsystem besteht aus einem Zwei-Niveau-System (two level system, TLS), das an einen eindimensionalen Wellenleiter gekoppelt wurde. Der Wellenleiter ist dabei durch eine Dispersionsrelation charakterisiert und kann unter anderem Bandkanten enthalten. Wir haben in der Dissertation einen neuartigen Zugang zur Wellenleiter QED präsentiert. Dieser Zugang basiert auf der Quantenfeldtheorie und ermöglicht die Berechnung Greenscher Funktionen im ein- und zwei-Anregungs Unterraum. Diese Greenschen Funktionen wurden benutzt um die Streumatrix und die spektrale Dichte in beiden Unterräumen zu berechnen. Desweiteren konnten wir mit Hilfe von Feynman-Diagrammen die physikalischen Prozesse in der Störungsreihe der Greenschen Funktionen identifizieren. Dies war besonders im zwei-Anregungs-Unterraum von Nutzen. In diesem Fall verhält sich das System nichtlinear, da das TLS nur eine Anregung absorbieren kann. Dadurch werden Effekte induziert wie photon bunching und die effiziente Anregung eines gebundenen Atom-Photon Zustandes. Es war uns möglich diese Effekte in der Störungsreihe der Greenschen Funktion wieder zu finden. Desweiteren haben wir die Greenschen Funktionen im Orts-Zeit-Raum benutzt um ein- und zwei-Photon-Wellenpakete zu propagieren. Es hat sich herausgestellt dass das Verhältnis von Pulsbreite zur spontanten Emissions-zeit sowohl das Streuverhalten als auch die maximale Anregung des TLS bestimmt. Letztendlich haben wir den Einfluss von Unordnung im Wellenleiter auf das Zerfallsverhalten des TLS untersucht. Wir haben entdeckt dass der gebundene Atom-Photon Zustand instabil wird sobald die Unordnung einen kritischen Wert erreicht. Darüberhinaus haben wir eine spezielle Klasse Feynman Diagramme identifiziert, die dem Zerfall eine nichtmarkovsche Dynamik verleihen. / Waveguide quantum electrodynamics (waveguide QED) can be considered as a building block for many prospective technologies like quantum computing. A prototypical system consists of a two-level system (TLS) coupled to a one-dimensional waveguide. The waveguide is characterized by its dispersion relation and can also feature a band edge/slow-light regime. In this thesis we have presented a new theoretical framework for waveguide QED, based on quantum field theory. The framework provides the Green''s functions of the system in the single- and two-excitation sectors for an arbitrary dispersion relation. We have calculated the scattering matrix and the spectral density in both sectors. Furthermore, we have also represented the Green''s functions in the form of Feynman diagrams, from which we can identify the underlying physical processes. A special property of the system is that it behaves nonlinear in the case of two or more photons. This is rooted in the structure of the TLS, which can at most absorb one excitation. The nonlinearity leads to two effects: photon bunching and the efficient excitation of an atom-photon bound state. We have found both effects within our framework and we were able to assign them individual terms in the perturbation series of the Green''s function. Furthermore, we have used the Green''s function in space-time domain to propagate Gaussian one- and two-photon wavepackets. Here, we have identified the ratio of the pulsewidth and the spontaneous emission time as the parameter which governs both the scattering behavior of the photons and the maximal TLS excitation. Eventually, we have investigated the effects of disorder in the waveguide on the decay properties of the TLS. We have found here that the atom-photon bound state is stable for small disorder, but breaks down at sufficiently strong disorder. Furthermore, we have identified a special class of diagrams which render the system non-Markovian even for energies far away from the band edge.

Diese Doktorarbeit besteht aus drei Aufsätzen, in welchen die Reaktion von Finanzinstitutionen auf Geldpolitik analysiert wird. In dem ersten Aufsatz finde ich anhand eines Bayesian VAR, dass eine Erhöhung des Leitzinses zu einer zusätzlichen Kreditvergabe in Nichtbanken (NBFI) führt. Banken verleihen wie bereits bekannt weniger. Der Grund für die gegensätzliche Bewegung liegt in der unterschiedliche Art der Finanzierung. Dieser Befund legt nahe, dass die Existenz von NBFI die Volatilität der aggregierten Kreditvergabe zu geldpolitischen Schocks verringern könnte. Zusätzlich bietet die Analyse einen Erklärungsansatz für die Beobachtung, dass sich die Kreditvergabe seit der Finanzkrise stockend entwickelt hat. Im zweiten Aufsatz knüpfe ich an diese empirische Untersuchung an, indem ich ein theoretisches Modell mit unterschiedlichen Arten von Firmenfinanzierung entwerfe. Haushalte müssen sich zwischen festverzinsichlichen und erfolgsbedingten Sparmöglichkeiten entscheiden. Auf Grundlage des Modells von Bernanke, Gertler und Gilchrist (1999) mikrofundiere ich die Entscheidung über Unternehmensgründung in Form von Eigenkapitalinvestitionen. Im dritten Aufsatz entwickele ich ein geschätztes DSGE Modell mit Finanzierungsfriktionen, welches in der Lage ist, die empirischen Ergebnisse zu replizieren. Ich untersuche, wie sich die Regulierung von Schattenbanken auf eine Volkswirtschaft am ZLB auswirkt. Konsumvolatilität wird reduziert, wenn Schattenbankenkredite stattdessen von Banken vergeben werden. Alternativ dazu führt die Behandlung von Schattenbanken wie Investment Fonds dazu, dass eine Volkswirtschaft am ZLB eine mildere Rezession und einen schnelleren Austritt erlebt. Der Grund liegt darin, dass ein Nachfrageschock, der die Volkswirtschaft zum ZLB bringt, eine Reaktion hervorruft, die vergleichbar mit geldpolitischen Schocks ist, da am ZLB keine Möglichkeit der Leitzinsverringerung besteht. / This thesis consists of three essays that analyze the reaction of financial institutions to monetary policy. In the first essay, I use a Bayesian VAR to show that an increase in the monetary policy rate raises credit intermediation by non-bank financial institutions (NBFI). As is well known, credit intermediation by banks is reduced. The movement in opposite directions is explained by the difference in funding. This finding suggests that the existence of NBFI may decrease aggregate volatility following monetary policy shocks. Following this evidence, I construct a theoretical model that includes different types of funding in the second essay. Households face a savings choice between state contingent (equity) and non-state contingent (debt) assets. I use the financial accelerator model of Bernanke, Gertler and Gilchrist (1999) as a basis and microfound the decision by which new net worth in entrepreneurs is created. A Bayesian estimation suggests a change in the survival rate of entrepreneurs, affecting impulse responses. The analysis suggests that models that use the financial accelerator should include endogenous firm entry if variables regarding household portfolios or shocks directly affecting firm net worth are considered. In the third essay, I develop an estimated monetary DSGE model with funding market frictions that is able to replicate the empirical facts. In a counterfactual exercise I study how the regulation of shadow banks affects an economy at the ZLB. Consumption volatility is reduced when shadow bank assets are directly held by commercial banks. Alternatively, regulating shadow banks like investment funds results in a milder recession during, and a quicker escape from, the ZLB. The reason is that a recessionary demand shock that moves the economy to the ZLB has similar effects to a monetary tightening due to the inability to reduce the policy rate below zero.

Gegenstand dieser Dissertation ist die Rolle fiskalischen Stresses auf die Größe des Staatsausgabenmultiplikators. Hierbei werden zuerst die Folgen von empirisch identifizierten Staatsausgabenschocks in Italien untersucht. Dies geschieht sowohl in einem Zustand mit hohen Risikospreads auf Staatsanleihen, als auch in einem Zustand mit niedrigen Risikospreads. Das Resultat ist, dass kumulative Multiplikatoren kleiner sind, wenn das Ausfallrisiko von Staatsanleihen hoch ist. Zweitens erklärt die Dissertation dieses empirische Resultat im Rahmen eines DSGE Models. Im Model verdrängt ein Anstieg der Staatsausgaben private Investitionen. Der Verdrängungseffekt wird durch fragile Banken und die Rolle aggregierten Risikos ausreichend verstärkt, so dass fiskalischer Stress zu sehr kleinen oder sogar negativen Multiplikatoren führen kann. Zuletzt untersuche ich die Rolle fiskalischen Stresses auf den Staatsausgabenmultiplikator unter der Nebenbedingung, dass die nominale Zinsuntergrenze bei null bindet. In diesem Szenario kann sich der Effekt fiskalischen Stresses ins Gegenteil verkehren und der Staatsausgabenmultiplikator groß werden. / This thesis examines the role of fiscal stress on the size of the government spending multiplier. First, it explores the dynamic consequences of empirically identified government spending shocks in Italy in a regime with high sovereign bond yield spreads and a regime with low spreads. It finds that cumulative multipliers are lower when sovereign risk spreads are high. Secondly, the thesis explains the empirical result of small government spending multipliers in times of high levels of fiscal stress in the context of a DSGE Model. In this model, an increase in government spending crowds out private investment. A fragile banking sector and aggregate risk amplify the crowding out of investment sufficiently to imply small multipliers in the presence of fiscal stress. Finally, I analyze the role of fiscal stress on the multiplier, when the economy is at the zero lower bound for nominal interest rates and find that in this scenario, the effect of fiscal stress is reversed and the government spending multiplier is large.

For the past decades, the Swedish public’s payment habits have changed, where the majority of the public has abandoned the old way of making payments, using cash, and instead opted for more modern payment solutions, digital money. The difference between cash and digital money is that cash is physical and only issued by the Riksbank, whereas digital money is created by and stored on accounts at commercial banks. The question of what role the state should have on the payment market is an important point of discussion. But it is not categorically a new question; the Swedish government is tackling essentially the same problem today as it has been doing many times before. Today’s problem is to some extent however manifested in a different way. During the 20th century, discussions were held whether or not the Riksbank should have the exclusive right to issue banknotes. It was considered unnecessary, inappropriate and dangerous. The idea that the Riksbank could cover the entire economy’s need for banknotes was, according to the commercial banks, unreasonable. Nonetheless, in 1904 the exclusive right became fait accompli; the government intervened and gave the Riksbank the banknote monopoly. We are now finding ourselves facing a similar situation, where there is a difference of opinion regarding the Riksbank’s role on the payment market. It is therefore nothing new, but rather an expected task for the government, and thus the central bank, to analyze major changes and draw conclusions from them. The problem is essentially about cash being phased out by digital means of payment. In order to therefore solve the problem, the Riksbank has started a project to investigate whether or not the Riksbank should issue digital cash to the Swedish public, what the Riksbank calls an e-krona. To introduce an e-krona would be a major step, but for the public to not have access to a government alternative, seeing as cash usage is declining, is also a major step. No decision has been made yet regarding whether the e-krona will be introduced on the market or not. A decision that however has been made, is that the Riksbank is now working on building an e-krona to develop and assess the technique. Nonetheless, an introduction would undoubtedly have consequences for both the Riksbank and the commercial banks, which ultimately means it would have effects on the economy as a whole. What about regulatory aspects; is the Riksbank even allowed to issue an e-krona under current legislation? The answer is affirmative, to a certain extent. There are furthermore many other uncertainties regarding how an e-krona would affect the economy; the Riksbank does not fully answer many of the system issues in its project reports. The question of whether or not it even is up to the Riksbank to make a decision on the matter of an introduction is also questioned by the author in the thesis.