increasing overall liberalization and improving reliability indexes are the two prime but often conflicting objectives of electricity markets. proper embedding of regulatory intervention of price caps provides an effective means to tradeoff between these two objectives. surprisingly, in the context of the infinitely repeated game paradigm, as in the case of actual electricity markets, the domin...

Two-dimensional semantics is a formal framework used to characterize the meaning of sentences and sub-sentential expressions and distinguished by the view according to which the extension of an expression depends on two dimensions. Contextual philosophical interpretations of that framework intend to capture how the extension of an expression depends on context. These interpretations have been a...

By mimicking the standard definition for a formal language, we define what it is natural language to be compact. We set out valid English argument none of whose finite subarguments valid. consider one by objections argument's logical validity and then dismiss them. The conclusion that English—and any other with capacity express argument—is not This rules large class logics as correct foundation...