This paper presents an introductory survey for this special issue of Management Science on electronic markets. We acquaint the reader with some fundamental concepts in the study of electronic market mechanisms, while simultaneously presenting a survey and summary of the essential literature in...

In this paper we study how natural resource development contracts depend on the level of bargaining power of Trans National Corporations (Agents) and host country governments (Principal). We concentrate on share contracts where a portion of the net firm income from resource development is...

We present a goal programming (GP) model designed to capture multiple objectives involved in sustainable energy-environment management in an urban area. The basic structure in the GP model is a Reference Energy System (RES) that maps the optimal flow of intermediate forms of energy from supply...

In combinatorial auctions, multiple distinct items are sold simultaneously and a bidder may place a single bid on a set (package) of distinct items. The determination of packages for bidding is a nontrivial task, and existing efficient formats require that bidders know the set of packages and/or...