Regulating regulators in transitionally competitive markets

Regulating the regulators

According to a modest estimation, one third of the known eukaryotic proteins can be phosphorylated. Protein kinases are members of a large superfamily and incorporate the phosphate moiety into the serine (Ser), threonine (Thr) or tyrosine (Tyr) residues of their target proteins. In comparison, protein phosphatases are less numerous but more diverse. They can be classified into four independent ...

Price Bundling in Competitive Markets:

Dynamic Pricing in Competitive Markets

Dynamic pricing of goods in a competitive environment to maximize revenue is a natural objective and has been a subject of research over the years. In this paper, we focus on a class of markets exhibiting the substitutes property with sellers having divisible and replenishable goods. Depending on the prices chosen, each seller observes a certain demand which is satisfied subject to the supply c...

Competitive Markets with Externalities∗

This paper presents a general model of a competitive market with consumption externalities, and establishes the existence of equilibrium in the model, under assumptions comparable to those in classical models. The model allows production and indivisible goods. Examples illustrate the generality and applicability of the results.

“ Self - Regulating Electricity Markets ? ”

An experimental structure is demonstrated that represents end-use customers in electricity markets who can substitute part of their usage between day and night. Each customer’s demand relationship is represented by a two-step value function for each period, disaggregated from observed market demand relationships, that varies between day and night and during heat-waves. Three alternative demand-...