Human capital is usually defined as “The aggregation of investments, such as education and on the job training that improves the individual’s productivity in the labour market”. The initial definition did not take into account some central aspects of “human capital”, owing to a...

Public procurement is one of the main cross-sectoral reforms that the Government of Lebanon committed to at the "Conférence économique pour le développement, par les réformes et avec lesentreprises" (CEDRE) held in Paris in April 2018, in order to improve fiscal governance and the qualityof...

In this article we consider how the operator of an electric power system should activate bids on the regulating power market in order to minimize the expected operation cost. Important characteristics of the problem are reaction times of actors on the regulating market and ramp-rates for...