Brunei must enact an effective competition policy in order to participate as a member in regional trading blocs like the APEC, ASEAN and the Trans-Pacific Partnership. What effect would Brunei’s Competition Order have on Brunei – and specifically its small and medium enterprises or SMEs (the...

Flow-based market coupling provides zonal day-ahead markets with appropriate signals of possible real-time congestions by incorporating information on local load and generation patterns. It relies on predictive parameters, notably the base case and generation shift keys. Also it only monitors...

This paper investigates decentralised markets in the German electricity system, defined as markets in specific regions in which regional electricity demand is met primarily by regional generation and the remaining demand is met on a system-wide level in a second step. The research question is:...

For many Africans, water is not only the source of life, but also a means of purification and a centre of regeneration. Water rituals and cults, such as 'Mami Wata', lead their followers to liberation of body and spirit. But customary rites can also cause harm. For example, the ancestral use of...

When collusion is analyzed for Independent private value auctions, it is implicitly assumed that ring presence is commonly known to colluding and non-colluding bidders. We drop this assumption and analyze a simple model of a first price Independent Private Value auction with uniformly...

Combinatorial auctions, in particular core-selecting auctions, have increasingly attracted the attention of academics and practitioners. We experimentally analyze core-selecting auctions under incomplete information and find that they perform better than the Vickrey auction. The proportions of...

Wir definieren die Arbeitsproduktivität als Ergebnis der arbeitsplatzspezifischen Höhe und Übereinstimmung von Anforderungen des Arbeitsplatzes und Eigenschaften/Kompetenzen des Bewerbers und verwenden den Gale-Shapley Algorithmus als dezentrale doppelte Auktion zur Zuordnung von...