Animal development is an elaborate process programmed by genomic regulatory instructions. Regulatory genes encode transcription factors and signal molecules, and their expression is under the control of cis-regulatory modules that define the logic of transcriptional responses to the inputs of other regulatory genes. The functional linkages among regulatory genes constitute the gene regulatory n...

In this paper we discuss the problem of power generation capacity adequacy in restructured and competitive power systems and analyse potential regulatory mechanisms to ensure sufficient supply of electricity. In particular, we look at how uncertainty influences the optimal timing of investments in new power generation capacity. We formulate the power generation investment problem for a decentra...