In this study, we re-examine the failure of formation of electronic markets for the air cargo industry. Using an economic theory called Core Theory, we provide an alternate explanation. Core theory explains why: a) such a failure might have been anticipated and b) the failure to form an electronic market may in fact be beneficial for the industry as a whole.

The availability of accurate day-ahead electricity price forecasts is pivotal for market participants. In the context trade liberalisation and harmonisation in European markets, forecasting becomes difficult participants to obtain because requires consideration features from ever-growing coupling markets. This study provides a method exploring influence on prediction. We apply state-of-the-art ...

The interactions among the multi-carrier energy systems provide opportunity to achieve affordable and clean by using resources in a more efficient way. In this paper, transactive (TE) framework for optimal management of multiple hubs (EHs) is proposed. Each EH system performing day-ahead schedule its electrical, thermal, cooling demand profiles manages internal reduce total expenses emission le...

Organizations increasingly use social computing to harness the collective intelligence of their employees, partners, and customers in collective problem-solving and decision making. This trend towards Enterprise 2.0 can be defined as ”the use of emergent social software platforms by organizations in pursuit of their goals” [McAfee 2009, p. 73]. One Enterprise 2.0 benefit is collective intellige...

Automated market makers are algorithmic agents that provide liquidity in electronic markets. We construct two new automated market makers that each solve an open problem of theoretical and practical interest. First, we formulate a market maker that has bounded loss over separable measure spaces. This opens up an exciting new set of domains for prediction markets, including markets on locations ...