Much work has been done on the impact of mergers and acquisitions on the shareholders of both acquiring and target firms (see Asquith et al. [1983], Bradley et al.[1988], Jarrell and Poulsen [1989], Jensen and Ruback [1983], and Travlos [1987]). Those studies generally indicate favorable stock price responses for target firms, and slight, to no, stock price response for acquiring firms. Recent ...

Solution concepts in cooperative games are based on either cost games or benefit games. Although cost games and benefit games are strategically equivalent, that is not the case in general for solution concepts. Motivated by this important observation, a new property called invariance property with respect to benefit/cost allocation is introduced in this paper. Since such a property can be regar...

Since the emergence of power market, the target of power generating utilities has mainly switched from cost minimization to revenue maximization. They dispatch their power energy generation units in the uncertain environment of power market. As a result, multi-stage stochastic programming has been applied widely by many power generating agents as a suitable tool for dealing with self-scheduling...

this paper describes a new method for the evaluation of non-utility generation impacts on preventive-corrective control of power systems. the proposed method relies on a mixed integer nonlinear optimization and is capable of recognizing the effectiveness of demand side preventive-corrective actions. a number of cases are presented to illustrate the consequences of introducing demand side action...

introduction : root canal treatment (rct) success criteria inform us of the path to bony healing and of prognostic factors, but tell little about how the patient perceives, feels, or values rct. patients choose, undergo, and pay for rct, they live with the result, and inform their community. the purpose of this narrative review was to appraise patient-centered outcomes of initial non-surgical r...