In this paper we develop a behavioural model in which customers come and go based on their perception of waiting time (relative to other facilities) while managers gradually adjust the capacity of the facility based on their perception of demand. We explicitly account for the difference in...

There has been an increasing focus on global warming, emission of green house gases (GHG), and the problems this might create. In this article, we review the trend in sustainable and renewable electricity generation in South America, where the generation portfolio increasingly depends on thermal...