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The spatial and temporal distribution of built space supply plays an important role in shaping urban form and thus the general travel pattern in an urban area. Within an integrated framework, we are interested in modeling the decisions of a builder in term ...
Mortgages characterized by negative or low early amortization schedules amplify the macroeconomic effects of a housing risk shock. We analyze the role of mortgage amortization in a two-sector DSGE model with housing risk and endogenous default. Mortgage lo ...
Demand response (DR) has been known to play an important role in the electricity sector to balance supply and demand. To this end, the DR baseline is a key factor in a successful DR program since it influences the incentive allocation mechanism and custome ...
We consider a generic scenario of content browsing where a client is presented with a catalogue of items of interest. Upon the selection of an item from a page of the catalogue, the client can choose the next item to browse from a list of related items pre ...
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Revenue management (RM) can be considered an application of operations research in the transportation industry. For these service companies, it is a difficult task to adjust supply and demand. In order to maximize revenue, RM systems display demand behavio ...
The spatial and temporal distribution of built space supply plays an important role in shaping urban form and thus the general travel pattern in an urban area. Within an integrated framework, we are interested in modeling the decisions of a builder in term ...
This paper considers a firm that introduces multiple generations of a product to the market at regular intervals. We assume that the firm has only a single production generation in the market at any time. To maximize the total profit within a given plannin ...
This article presents a model within the sustainable machining paradigm. In general, the optimization of machining process for the minimum energy consumption alone does not have sufficient impetus for application in the manufacturing companies wherein prof ...
This paper deals with the modeling of the long term evolution of regional energy systems in a smart city and smart grid environment. It is shown that demand response and distributed grid energy storage, driven by dynamic pricing schemes, based on locationa ...
Demand response (DR) emerges as one of the cheapest and greenest solutions to match supply and demand in the electricity sector. Compared to price-based DR, incentive-based DR is considered to be more promising, since it does not require consumers to monit ...