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Simulation modeling and optimization of competitive electricity markets and stochastic fluid systems

Özdemir, Özge - 2013

The second part of the thesis focuses on a different stochastic problem of finding the optimal hedging points in a manufacturing flow control system. Our simulation-based method allows solving large scale systems that are considered very difficult to solve by current standards in the literature.

Persistent link: https://www.econbiz.de/10009732948

Demand uncertainty in skill-based competition : conference paper

Artinger, Sabrina - 2013 - Preprint submitted to March 1, 2013

experiment with skill-based payoffs by systematically varying two key elements of the market environment: demand risk and … expected market size. Results show that people's reactions to demand risk depend on the market size: in small markets people … inefficiencies in both cases: demand risk significantly amplifies overentry in small markets and underentry in large markets. Skill …

Persistent link: https://www.econbiz.de/10010338933

A note on competitive investment under uncertainty: comment

Sakellarēs, Plutarchos - In: The American economic review 84 (1994) 4, pp. 1107-1112

Persistent link: https://www.econbiz.de/10001168909

Sourcing Competition under Cost Uncertainty and Information Asymmetry

Shao, Lusheng - 2019

Driven by increasing costs in the traditionally-regarded low-cost manufacturing bases (e.g., China), many firms have started to outsource their production to the regions of even lower costs (e.g., Southeast Asia). However, a new environment may involve higher cost uncertainty and severer...

Persistent link: https://www.econbiz.de/10012903550

Policy competition, imitation and coordination under uncertainty

Hefeker, Carsten - 2022

The paper analyzes under what circumstances policymakers experiment with policies with uncertain outcomes, when they prefer to imitate policies initiated in other countries, and when they prefer to coordinate policies internationally. Policymakers have private costs of active policies and...

Persistent link: https://www.econbiz.de/10013187549