Electric utility planners and wind energy researchers pose a common question: What is the capacity value of a wind plant? Tentative answers, which can be phrased in a variety of ways, are based on widely varying definitions and methods of calculation. From the utility's point of view, a resource that has no capacity value also has a reduced economic value. Utility planners must be able to quant...

The effect of environmental uncertainty on equilibrium patterns is vital importance to understand travel choice behavior. This paper conducted a laboratory experiment investigate the effects stochastic bottleneck capacity departure time In experiment, varied stochastically from round round, and two different scenarios with information feedback were investigated. Our experimental results showed ...

We investigate games of capacity manipulation in hospital-intern markets as proposed by Konishi and Ünver (Soc Choice Welfare, in press). While Konishi and Ünver (Soc Choice Welfare, in press) show that there may not exist a pure-strategy Nash equilibrium in general, there exists a mixed-strategy Nash equilibrium in such a game. We show that every hospital weakly prefers a Nash equilibrium to a...