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In this article we propose a model of the supply chain in electricity markets with multiple generators and retailers and considering several market structures. We analyze how market design interacts with the different types of contract and market structure to affect the coordination between the...
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In this article we examine the pricing of option contracts on the strategic petroleum reserve (SPR) and consider how these can be used by both the government and refiners. We analyze the interaction between the call and put option contracts, taking into account the underlying game, in the...
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Theory development is a very complex process that requires creativity and highly specialized analytical skills. This article presents a new algorithm, based on causal mapping, for assisting in the creation of qualitative theories. This algorithm is able to conjecture and prove new theorems, to...
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