This paper proposes a model and methodology for valuing the option to delay network investment decisions and calculating cost-based access prices. It argues that an option value multiple must be applied to the investment cost component of each network element in order to account for the value of...

This paper shows efficiency indices for 60 Brazilian electricity distribution utilities. The efficiency scores are gauged by three DEA models. For both models, these quantities are evaluated under different contexts. One treats with respect to the regulator perspective. The others examine an...

Efficient management of the natural gas business chain - based on pipeline transmission networks and taking into consideration the interaction among the main players (e.g., shippers, suppliers, transmission companies and local distribution companies) - requires the use of decision-making support...

Recent developments in logistics have led to the use of third-party-logistics firms in different industries. However, outsourcing the logistics operation to a 3PL requires close monitoring of the logistic system performance, and also of the service level effectively delivered to customers....