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on the determinants of two dimensions of flexibility, the flexibility in adjusting aggregate output over time ("tactical … flexibility") as well as the ability to switch quickly between products ("operational flexibility"). Econometric analysis of a … interrelationship between tactical and operational flexibility. -- tactical and operational flexibility ; panel data ; farm households …
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A flexible product is a menu of two or more alternatives products serving the same market. Purchasers of flexible products are assigned to one of the alternatives at a later date. Gallego and Phillips show that capacitated suppliers, such as airlines and hotels, can potentially improve revenue...
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management's capacity control. In this paper, we show that flexible products have an additional “value of flexibility” due to …
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With an ongoing energy transition, the electric network is increasingly challenged. Handling congestion is a major responsibility of network operators. In recent years, market-based approaches to utilize network-supportive exibility, especially local exibility markets (LFMs), have been discussed...
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