earnings management has inverted the main objective of financial reporting through the distortion of the actual economic performance of companies and prevented the complete transfer of information to market. given the importance of subject of research, incentives that cause earnings management have been reviewed from various aspects. the main purpose of this research is to examine the relations...

We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains from marketing. use a Nash-Cournot model and derive closed-form solution for extent of typical setting. then this to newly assembled dataset on economy. show that, under assumptions Cournot model, is limited.

deregulation policy has caused some changes in the concepts of power systems reliability assessment and enhancement. in this paper, generation reliability is considered, and a method for its assessment using intelligent systems is proposed. also, because of power market and generators’ forced outages stochastic behavior, monte carlo simulation is used for reliability evaluation. generation r...

Since the emergence of power market, the target of power generating utilities has mainly switched from cost minimization to revenue maximization. They dispatch their power energy generation units in the uncertain environment of power market. As a result, multi-stage stochastic programming has been applied widely by many power generating agents as a suitable tool for dealing with self-scheduling...

This paper presents the application of Fractional Order PID controller as a supplementary controller to improve the dynamics of LFC in multi area deregulated power system. FOPID is a PID controller whose derivative and integral orders are of fractional rather than integer. The extension of derivative and integration order from integer to fractional order provides more flexibility in design of t...