Market prices are thought to contain a lot of useful information. Hence, regulators (and other agents) are often urged to use market prices to guide decisions. An important issue to consider is the endogeneity of market prices and how they are affected by the prospect of government intervention. We show that if the government learns from the price when taking a corrective action, it might reduc...

Market Surveillance plays important mechanism roles in constructing market models. From data analysis perspective, we view it valuable for smart trading in designing legal and profitable trading strategies and smart regulation in maintaining market integrity, transparency and fairness. The existing trading pattern analysis only focuses on interday data which discloses explicit and high-level ma...

trust, along with transparency, is an important indicator of a satisfactory relationship between a government and the public. considering transparency as the key to trust in government, the purpose of this paper is to postulate a link between transparency and trust taking into account satisfaction as a psychological factor. this paper tries to find the answer of these questions: “is there any s...

Efficient wholesale markets should drive preference revealing bidding where generators offer the majority of their power at short run marginal cost (SRMC). However, most renewables have very low SRMCs, which in a competitive market is likely to lead to an increasing proportion of low priced periods. This has led to suggestions that a capacity market may be required in the Australian National El...

We examine the potential role of source code disclosure and open source code requirements in promoting technical improvements and increasing transparency of voting systems. We describe the “enclosure of transparency” of voting technology that has occurred over the course of United States’ electoral history, the implications that source code disclosure has for transparency, the negative effects ...

We examine the potential role of source code disclosure and open source code requirements in promoting technical improvements and increasing transparency of voting systems. We describe the “enclosure of transparency” of voting technology that has occurred over the course of United States’ electoral history, the implications that source code disclosure has for transparency, the negative effects ...

the spanish turbot aquaculture sector holds a top position in the international market. thisactivity is mainly developed along the galician coast (nw spain). this article evaluates the environmentalperformance of galician turbot aquaculture according to the life cycle assessment (lca) methodology.previously, on account of the expected relevance of feed for aquaculture, marine aquafeed productio...