Traditional television screens have lost their monopoly on television content. With a helping hand of digitalization, the introduction of ever more screens in our lives and increasingly faster network technologies, a wide variety of alternative screens and sources of television content are trying to conquer a piece of the audiences' viewing time. This evolution calls for new kinds of services a...

To be successful in financial market trading it is necessary to correctly predict future market trends. Most professional traders use technical analysis to forecast future market prices. In this paper, we present a new hybrid intelligent method to forecast financial time series, especially for the Foreign Exchange Market (FX). To emulate the way real traders make predictions, this method uses b...

Options contracts can provide trading partners with enhanced flexibility to respond to uncertain market conditions and allow for superior capacity planning thanks to early information on future demand. We develop an analytical framework to value options on capacity for production of non-storable goods or dated services. The market set-up is as follows: During the contract market, period 0, the ...

This paper explores the booms and busts induced by news shocks in a model economy with financial market frictions. Firms can accumulate capital through either purchase of the existing capital or producing new capital by themselves. Firms need to borrow from financial intermediaries to finance their purchases of capital. With the presence of financial market frictions, firms have to pay an exter...

The European Union and its Member States are seeking to decarbonize their energy systems, including the electricity sector and, at the same time, pursue market integration. However, renewable energy (RE) deployment and the liberalization of the energy-only market have raised concerns at the national level about the security of electricity supplies in the future. Some actors consider the lack of...

the successful key of trading in the forex market is the selection of correct exchange in proper time based on an exact prediction of future exchange rate. foreign exchange rates are affected by many correlated economic, political and even psychological factors. therefore, in order to achieve a profitable trade these factors should be considered. the application of intelligent techniques for fo...

We envision a future economy where e-markets will play an essential role as exchange hubs for commodities and services. Future e-markets should be designed to be robust to manipulation, flexible, and sufficiently efficient in facilitating exchanges. One of the most important aspects of designing an e-market is market mechanism design. A market mechanism defines the organization, information exc...

Changes in the telecommunications industry are now allowing support for cooperative provisioning of multimedia tele-services. This can provide a useful model for educational organizations to handle the inherent complexity of providing tele-educational courses while leaving them time to concentrate on pedagogical issues. The Prospect project is examining the provision and management of tele-educ...