Demand Response (DR) is capable of reducing the need for generation capacity investments in order to ensure system security. We utilise this fact to devise a novel methodology for estimating a load-shifting DR resource's capacity contribution and therefore determining DR's potential for...

This paper analyses capacity markets and proposes an approach to incorporate the flexibility of residential consumers in these markets considering reliability as a differentiated product. We introduce and assess the potential of non-linear pricing schemes, specifically priority pricing...

This article analyses the capacity-then-price game for a duopoly market. We add to the literature by explicitly taking product differentiation into account. We study the impact of capacity costs, demand uncertainty, and vertical and horizontal product differentiation on equilibrium capacities,...

This paper examines how a firm can strategically choose its capacity to manipulate consumer beliefs about aggregate demand. It looks at a market with social effects where consumers want to do what is popular, to buy what they believe others want to buy. By imposing a capacity constraint and...

Many business contexts, such as advance selling and new product introduction, feature both supply capacity constraints and consumer valuation uncertainty. This motivates investigation of the strategic interaction between consumers' endogenous preference-learning behavior (i.e., consumer...