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Market Competition in Export Cash Crops and Farm Income
Agriculture Value Chains Cash Crops Poverty Market Competition Smallholders
2014/12/26
This paper studies how the internal structure of agriculture export markets and the level of competition affect poverty and welfare in rural areas in Africa. We develop a game-theory model of supply c...
Trust and Moral Hazard: An Analysis of the Motorcycle-taxi Market in Togo and Benin
Trust and Moral Hazard: Motorcycle-taxi Market in Togo Benin
2014/12/26
In the motorcycle taxi market in Sub-Saharan Africa, the relation b etween the owners and the drivers is characte riz ed by a principal agent problem with the following features: (i) the principal can...
The transactions on the agricultural land market in Slovakia
average market price of agricultural land selected districts of Slovakia
2014/11/28
Data on the transactions with agricultural land in 2012, based on the primary data from the Research Institute of Geodesy and Cartography in Bratislava, were evaluated according to the legal status of...
Environment, Market Share, and Market Power
Marketing Strategy Market Share Market Power Fixed Effect Estimation
2014/11/27
In this paper we develop a process model relating market share to firm profits. In particular, we specify average price and average cost equations as a function of previous year market share position,...
Generation capacity adequacy in the competitive electricity market
Deregulation Electricity market Market failure Regulation
2014/11/27
One of the challenges for power industry restructuring is to maintain sufficient generation installed capacity to meet demand in nowadays and in the future, and the electricity market failure in Calif...
Using forward markets to improve electricity market design
Electricity market design Forward market Capacity market Firm energy market
2014/11/27
Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the med...
Sequential time-step generation companies decisions in oligopolistic electricity market
Cournot model Electricity markets Oligopolistic competition
2014/11/27
This paper studies the production decisions of generation companies (GENCOs) which are fully engaged in oligopolistic electricity markets. The model presented is based upon the static equilibrium mode...
Simulation of producers behaviour in the electricity market
Electricity market Nash equilibrium
2014/11/27
Simulation of the electricity market participant’s behaviour is important for producers and consumers to determine their bidding strategies and for regulating the market rules. In literature, for this...
Auction Mechanism Design in Wholesale Electricity Market Considering Impacts of Long-term Contract
long-term contract wholesale electricity market
2014/11/27
In wholesale electricity market, a generator with cost information advantage will submit a bid higher than its true cost, which may reduce the market efficiency. To solve this problem, this article de...
![](http://www.firstlight.cn/upload/imgfile/201412/1/201412113133200.jpg)
In an unexpected mashup of financial and mechanical engineering, researchers have discovered that the same modeling used to forecast fluctuations in the stock market can be used to predict aspects of ...
Bankruptcy Risk and the Performance of Market-based Pollution Control Policies
Limited Liability, Emissions Trading, Emissions Taxes
2014/11/11
We study the impacts of bankruptcy risk on the performance of market-based pollution control policies. In chapter one, we concentrate on emissions trading markets. We find that firms that risk bankrup...
ZONAL AND REGIONAL LOAD FORECASTING IN THE NEW ENGLAND WHOLESALE ELECTRICITY MARKET: A SEMIPARAMETRIC REGRESSION APPROACH
Load Forecasting Penalized Splines Mixed
2014/11/11
Power system planning, reliability analysis and economically efficient capacity scheduling all rely heavily on electricity demand forecasting models. In the context of a deregulated wholesale electric...
Assessing the Impact of Economically Dispatchable Wind Resources on the New England Wholesale Electricity Market
Oak Ridge Competitive Dispatch (ORCED) model Do Not Exceed dispatch
2014/11/11
Among renewable energy resources, wind power is poised to contribute most significantly to meeting future wholesale electricity demand. However, the intermittent nature of wind power makes maintaining...
Electric Power Market Modeling with Multi-Agent Reinforcement Learning
Electric Power Market Modeling Multi-Agent Reinforcement Learning
2014/10/22
Agent-based modeling (ABM) is a relatively new tool for use in electric power market research. At heart are software agents representing real-world stakeholders in the industry: utilities, power produ...
ZONAL AND REGIONAL LOAD FORECASTING IN THE NEW ENGLAND WHOLESALE ELECTRICITY MARKET: A SEMIPARAETRIC REGRESSION APPROACH
Semiparametric Regression Load Forecasting Penalized Splines Mixed Models
2014/10/21
Power system planning, reliability analysis and economically efficient capacity scheduling all rely heavily on electricity demand forecasting models. In the context of a deregulated wholesale electric...