This paper analyzes a unit-contingent power purchase agreement between an electricity distributor and a power plant. Under such a contract the distributor pays the plant a fixed price if the plant is operational and nothing if plant outage occurs. Pricing a unit-contingent contract is...

We extend the classical asset-selling problem to include debt repayment obligation, selling capacity constraint, and Markov price evolution. Specifically, we consider the problem of selling a divisible asset which is acquired through debt financing. The amount of asset that can be sold per...

Problem definition: More than 25 million refugees lived in camps in 2019 due to multiple armed conflicts worldwide. Humanitarian organizations (HOs) help refugees through in-kind (e.g. food) assistance traditionally and, just recently, through cash (monetary assistance) that refugees can spend...