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Since the reform in the 1980s, the Chinese electric power industry has experienced rapid expansion in both capacity and … setting and the capacity expansion with reference to OECD experience. By comparing power prices of China with the West, we … cost efficiency. The firms are planned by the state for their outputs. Will the state plan affect the capacity of power …
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-time-sensitive demand. The decision process is modelled by a Stackelberg game where the supplier, as a leader, determines the capacity and … these two players is obtained. By comparing with the performance of the corresponding decentralized chain without capacity … decision as a benchmark, we characterize the impact of capacity decision on the players’ profit, i.e., the supplier׳s profit …
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In this paper, we investigate price-only contracts in supply chain capacity procurement games. For a two-party supply … chain, comprising a manufacturer and a supplier that both invest in capacity, we prove the existence of a class of … options contracts, increase supplier capacity in the full information case, a result that contrasts with that of Cachon and …
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This paper attempts to analyse the productive efficiency of the airport industry. The analysis was carried out using the neoclassical approach of dual cost function. A translog joint cost function was used. Its flexibility enabled us to directly model the cost structure without imposing...
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