This article addresses the supply and pricing of backup power to be provided by local distribution companies to industrial self-generators. Optimal self-generation investment and backup power contracting strategies for self-generators are characterized. The paper characterizes welfare-optimal pricing and second-best pricing for a local distribution company (Disco). The paper shows that optimal ...

Advancements in virtualization have led to the construction of large data centers that host thousands of servers and to the selling of virtual machines (VMs) to consumers under a per-hour rate. This current pricing scheme employed by cloud computing providers ignores the disparities in consumer usage and in its related infrastructural costs of providing the service to different users. We thus p...

There is a strong competition from low-priced imported catfish fillets resulting in a declining market share for domestic farm-raised catfish fillets. To match the competition, catfish processors are embarking on pricing policy measures that are volume-oriented instead of profitor image-oriented. This could be an effective short-run pricing policy measure for optimal longrun sustainability and ...

the main objective of this article is to present a comparative study of capital assets pricing models (capm) with extrapolating capital assets pricing models (x-capm) of companies admitted in tehran exchange market which is accomplished for the first time by investigators of this research in iran. accordingly, the statistical population under study of this research includes all companies admitt...

We investigate entropy as a financial risk measure. Entropy explains the equity premium of securities and portfolios in a simpler way and, at the same time, with higher explanatory power than the beta parameter of the capital asset pricing model. For asset pricing we define the continuous entropy as an alternative measure of risk. Our results show that entropy decreases in the function of the n...

Recent empirical studies point to the need for a model of bilateral market power between health plans and provider organizations. We develop such a model and use it to analyze the impact on cost and access of alternative contractual relationships between plans and providers. The plans differentiate themselves through distinct, albeit overlapping, provider networks of specialized, complementary ...