We analyze how strategic asset trading can be used to gain competitive advantage. In the case of electricity markets, companies seek to improve the value of their generating portfolios by acquiring, or selling, power plants. Accordingly, we derive the basic determinants of plant value,...

Electricity markets are being liberalised and open to private competition in several countries. These liberalized electricity markets are very complex as the interactions between demand and supply are subject to several technicalities arising from the commodity being traded: electricity. One of...

The area of ‘‘Cutting and Packing’’ (C&P) is stillfascinating a large group of researchers and practitionersworldwide. This feature issue documentssome of the recent developments in the area. Afterthe ones edited by Dyckhoff and Wa¨scher (1990),Bischoff and Wa¨scher (1995), and Wang...