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Competitive maneuvering in the information economy has raised a pressing question: how can firms raise profits by giving away products for free? This paper provides a possible answer and articulates a strategy space for information product design. Free strategic complements can raise a firm's...
Persistent link: https://www.econbiz.de/10014036911
Since its launch in 2009 much has been written about Bitcoin, cryptocurrenciesand blockchains. While the discussions initially took place mostly on blogs and otherpopular media, we now are witnessing the emergence of a growing body of rigorousacademic research on these topics. By the nature of...
Persistent link: https://www.econbiz.de/10014349120
The standard approach to identifying second degree price discrimination is based on examining correlations between product menus and prices. When product menus are endogenous, however, tests for price discrimination may be biased by the fact that unobservables affecting costs or demand may...
Persistent link: https://www.econbiz.de/10014072383
In this paper a new evolutionary algorithm based on the region search evolutionary algorithm (RSEA) is developed for optimal energy management and operation of microgrids. Islanded microgrid operation is more crucial than the conventional distribution grids because of less dependency of the...
Persistent link: https://www.econbiz.de/10015213981
Economic energy management of grid-connected microgrid has been widely investigated. However, due to the binary variables of the generation unit’s status, the optimal result of the grid-connected microgrid is very hard. Thus, in this paper, the region search optimization algorithm (RSOA) is...
Persistent link: https://www.econbiz.de/10015213982
As Africa’s major oil exporter and factor driven stage country, Nigeria has made some progress in socioeconomic terms in recent years. However, large pockets of Nigeria’s population still live in poverty without adequate access to basic services. Currently, Nigeria is capturing just as small...
Persistent link: https://www.econbiz.de/10015214035
The paper consists of the application of the Koundouri et al (2023)’s methodology to integrate SDGs into the Sustainability Reporting Framework for the Case Study of Lavrio Port in Greece. This novel holistic framework consists of downscaling the UN SDSN Sustainable Development Report’s...
Persistent link: https://www.econbiz.de/10015214131
The European Green Deal (EGD), introduced in December 2019 by the European Commission as Europe’s Growth Plan, aims to make Europe climate-neutral, resource-efficient, socially inclusive, and innovative. The UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals...
Persistent link: https://www.econbiz.de/10015214169
In a market with two homogeneous firms that compete in quantities (Cournot), one firm gets a patented cost reduction innovation. Under this scenario the patent holder has the option to license or not this innovation to the other firm. On the other side, the incumbent firm (without the patent)...
Persistent link: https://www.econbiz.de/10015214194
Achieving climate neutrality dictated by international agreements such as the Paris Agreement, the United Nations Agenda 2030 and the European Green Deal, requires the conscription of all parts of society. The business world and especially large enterprises have a leading role in this effort....
Persistent link: https://www.econbiz.de/10015214239