A market-based approach for enabling inter-area reserve exchange
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This paper uses a two-country, sticky-price model with non-atomistic wage setters to study the role of collective wage bargaining in the propagation of monetary shocks. I find that the welfare transmissions of a monetary expansion are reinforced by differe ...
Prior research into the link between new product development and market segmentation has focused on two main approaches: (1) design, segment, and do limited competitive evaluation; and (2) segment first, design second. This paper proposes a third approach, ...
Analyzing the proliferation of item-level RFID, recent studies have identified the cost sharing of the technology as a gating issue. Various qualitative studies have predicted that conflict will arise, in particular in decentralized supply chains, from the ...
In this paper we compare the costs and benefits of market-based and thresholdbased approaches to task allocation in real world conditions, where information and communication may be limited or inaccurate. We have performed extensive comparative experiments ...
In this paper generation investment process in a liberalised electricity market is simulated as a dynamic control problem with prices, both current and predicted, acting as a feedback variable. Market price is modelled as a function of the capacity margin ...
Entrepreneurs play a fundamental role in bringing new technologies to market. Because technologies are often configurable to serve a variety of different markets, it is possible for entrepreneurs to identify multiple market opportunities prior to the first ...
Emerging countaries like China offer low wages, large production capacities and a huge potential market. Large Western companies already took advantage of these opportunities by opening their own factories ill China to build up local supply chains and addr ...
The restructuring of the electricity supply industry (ESI) has introduced new actors and market mechanisms. Electricity prices are more market oriented and fluctuate greatly. These changes bring about more uncertainties and risks to the market participants ...
We are interested in markets which are being restructured or about to be created, as a result of the co-evolution of technologies and market dynamics. A systemic analysis of competition alternatives among groups of firms seems more accurate in order to und ...
2005
The introduction of market elements into monopolistic network industries has progressively gained political attention during the past two decades. Antitrust and liberalization reforms have initiated a wide discussion about the industrial organization of th ...
