Computer data acquisition, automation, robotics and other advanced technologies are fundamental sources of competitive strategies in today's market. Construction, with frequent severe environmental conditions and its unique projects, has been slow to adopt automation technologies. However, internal and external trends are pushing some kinds of building construction into these technologies. This...

In a competitive energy market, system reliability should be maintained at all times. Power system operation being of online in nature, the energy balance requirements must be satisfied to ensure reliable operation the system. To achieve this, information regarding the expected status of the system, the scheduled transactions and the relevant inputs necessary to make either a transaction contra...

This study examines how the corporate link between a foreign subsidiary and its corporate members (parent and peer subsidiaries) is influenced by the subsidiary’s competitive strategy in a specific host country. The mainstream logic, especially that of Michael Porter, suggests that corporate link should be stronger when a multinational enterprise (MNE) focuses on cost leadership than on product...

The author reviews the theoretical and empirical literature to examine the traditional perception that the following trade-off exists between economic efficiency and stability in the banking system: a competitive banking system is more efficient and therefore important to growth, but market power is necessary for stability in the banking system. That this trade-off exists is not clear. Market p...

The key to success in today’s embedded market is the ability to respond quickly to fluctuations in market demand, last-minute design changes and competitive challenges. Microcontrollers (MCUs) have provided versatile, configurable platforms for embedded systems for many years in this respect, giving developers the flexibility to implement new system features easily and efficiently through firmw...

The global online shopping market has exhibited consistent growth, exceeding an annual average growth rate of 10% from 2006 to 2010; however, the online shopping market in Taiwan demonstrated an astounding growth rate, surpassing 35% during the same period. In the current competitive and rapidly expanding market environment, shopping website providers must establish effective methods for measur...

In the framework of a search and matching model, when search effort enters the labor market matching function, search effort by one worker generates a negative externality on other workers searching for jobs. The solution to the social planner’s problem may not be decentralized in a competitive market. Calibration shows that the current US unemployment insurance (UI) system generates an 8.07% w...

The paper considers mechanisms for organizing free trade in the electricity market that are based on submitting bids of energy consumers and producers to the market operator. The authors discuss and compare possible strategies of generator behavior that lead to different equilibrium situations and correspond to Cournot model and the models of supply function equilibria, and a perfectly competit...

• Its geographical market definition accounts only for a factor that is no longer relevant and for none of the factors that matter in a competitive market. • Its use of uncommitted-shares registers more market power when the market itself is more competitive and less market power when it is less competitive. Thus it often reads in reverse the impact of the market on the applicant. • It takes no...