This paper presents a large-scale computationally intensive model for understanding the strategic evolution of electricity generating asset portfolios in response to various market interventions, and the consequent longer term effects of such changes on market structure and prices. We formulate a two-stage model involving a Cournot representation of the wholesale electricity market, the perform...

The idea of rearranging generation assets amongst firms to improve competition has once again surfaced in a recent report on improvements to the New Zealand Electricity Market. We show with examples that rearranging assets, either with asset divestiture to a new firm, or asset swaps between existing firms, may actually reduce competition in electricity markets. Our examples emphasize features t...

Using data from more than 400 legal serials, I estimate the impact of six publisher mergers on law serial prices during the period, 1990-2000. The results suggest that merger-related price increases were substantial during this period, even after accounting for secular price trends. Furthermore, these merger effects occurred across a broadly-defined portfolio of serial titles consisting of lega...

Leadership is a concept that has evolved over time. Individuals such as Mahatma Ghandi, Martin Luther King and Mother Theresa have emerged as defensors of the social issues of their time. This essay looks at one of the most prominent leaders of our time Nelson Mandela, from 1963 to 1999. First it will critically analyse Mandela’s Leadership style in the perspective of two leadership theories: L...

Purpose This paper describes and discusses company spin-ins spin-outs as a means to understand growth in dynamic context. The following question is asked: How can be understood of innovative firms? suggests return on capabilities measure an open innovation Design/methodology/approach empirical part the consists single case study. Data was captured through interviews secondary data sources. Find...

This report was developed under a contract with the Small Business Administration, Office of Advocacy, and contains information and analysis that was reviewed and edited by officials of the Office of Advocacy. However, the final conclusions of the report do not necessarily reflect the views of the Office of Advocacy. This report was developed under a contract with the Small Business Administrat...