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A long-standing issue with centrally committed electricity markets is the design of non-confiscatory and equilibrium-supporting prices. This is because the social planner's problem in such a market is a non-convex unit commitment. O'Neill et al. (2005) propose a pricing scheme that overcomes...
Persistent link: https://www.econbiz.de/10011116334
Demand Response (DR) is one of the typical methods for optimizing load characteristics in power systems. Utilities offer DR schemes to generate incentives toward consumers’ power consumption behavior for load optimization. In tariff planning, power consumption variation is an important issue...
Persistent link: https://www.econbiz.de/10011263283
In this paper, we analyse a service provider’s mixed bundling problem for services such as sporting events or holiday packages. Pursuing the objective of maximising total revenue, the service provider has to determine static prices for each single product at the beginning of the selling...
Persistent link: https://www.econbiz.de/10010869221
In this paper, we address a service provider’s product line pricing problem for substitutable products in services, such as concerts, sporting events, or online advertisements. For each product, a static price is selected from a pre-defined set such that the total revenue is maximised. The...
Persistent link: https://www.econbiz.de/10010577595
Persistent link: https://www.econbiz.de/10009401755