We study a buyer-seller problem in which the good is information and there are no property rights. The buyer is reluctant to pay for information whose value he does not know, but the seller cannot credibly reveal this value without disclosing the information itself. Information comes as divisible hard evidence. We show how the seller can appropriate a substantial fraction of the value through g...

The paper presents a novel methodology based on BARON solver in general algebraic modeling system (GAMS) computational environment to solve the stochastic profit-based unit commitment (SPBUC) problem deregulated energy market. profit is considered as difference between total revenue collected by selling competitive market and production cost of energy. concepts like clearing price reserve are e...

Selling and buying land is a legal act that gives birth to rights obligations for sellers buyers. In carrying out the sale purchase of land, it mandatory be guided by provisions regarding procedures followed, must prioritize principle good faith in bargaining stage up payment agreement. practice, lawsuits are often found on attitude one party does not reflect selling, course this against rule l...

the actual European energy context highlights the building sector as one of the largest sectors of energy consumption. Consequently, the "Energy Performance of Buildings Directive", adopted in 2002 and focusing on energy use in buildings, requires all the EU members to enhance their building regulations and to introduce energy certification schemes, with the aim of both reducing energy consumpt...

Imagine that you are the chief executive of a large pharmaceutical firm seeking innovative ways to increase sales. You realize that physicians prescribe drugs only to the sick and that there is a vast untapped market of well persons who are potential customers. Reaching them would require broadening the boundaries of illness so that healthy people could be redefined as patients in need of drug ...

The advent of the Internet and e-commerce has brought a new way of marketing and selling many products, including books. The system-wide impacts of this shift in retail methods on cost and the environment are still unclear. While reductions in inventories and returns provide significant environmental savings, some of the major concerns of the new e-commerce business models are the energy and pa...