This article studies optimal investment in flexible manufacturing capacity as a function of product prices (margins …

buyers observe prices but not capacities then an equilibrium exists where sellers of capacity two post lower prices than …We study pricing in a model where buyers are homogeneous and sellers have either capacity one or two. We show that if … sellers of capacity one. The equilibrium satisfies the intuitive criterion. Copyright Springer-Verlag Wien 2014 …

Reliability in electricity markets is, in many respects, a public good, in that one supplier’s failure to meet its … blackout externality is a reserve requirement, where load-serving entities have capacity on hand to meet demand in the case of … negative function of capacity reveals that a benefit of capacity requirements is that covering their costs imposes a tax on …

Market prices make it possible to realise returns on capital investments in the electricity sector, but these prices …

We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity … market. The sector's idiosyncrasies such as the uncertainty surrounding future supply and demand, as well as technological … the level of capacity that maximizes social welfare, and compare it to a decentralized outcome. We show that in the …

with respect to redefining the scope of operations, capacity decisions, cost competitiveness, alliances and service …

available on this issue, this study analyzes a large sample of malls with store-level data on rent, sales, and contractual …