We model a market, such as an online software market, in which an intermediary connects sellers and buyers by displaying sellers' products. With two vertically-differentiated products, an intermediary can place either: (1) one product, not necessarily the better one, on the first page, and the...

In part I of this paper, we proposed a Mixed-Integer Linear Program (MILP) to analyze imperfect competition of oligopoly producers in two-stage zonal power markets. In part II of this paper, we propose a solution algorithm which decomposes the proposed MILP model into several subproblems and...

We investigate the incentives for capacity investments in a simple strategic dynamic model with random demand growth. We construct non-collusive Markovian equilibria where the firms' decisions depend on the current capacity stock only. The firms maintain small reserve margins and high market...

We discuss a few supply chain design concepts and optimization models that have been applied in the energy sector. It is not our intention to provide a comprehensive review of the vast literature. Our goal is to provide the reader with pointers to some interesting and challenging problems,...

Use of common parts for different products (commonality) is important methods for managing product variety and preserving competitiveness in the age of mass customization and supply chain competition. In literature, the advantages of inclusion of common components in a product family are well...

Zonal configuration of energy market is often a consequence of political borders. However there are a few methods developed to help with zonal delimitation in respect to some measures. This paper presents the approach aiming at reduction of the loop flow effect – an element of unscheduled...

In the course of the energy transition, load and supply centers are growing apart in electricity markets worldwide, rendering regional price signals even more important to provide adequate locational investment incentives. This paper focuses on electricity markets that operate under a zonal...