This paper is concerned with the pricing behaviour of providers of residential care for people with mental health problems. Two aspects of pricing were considered. First, are there differences between providers' market power and their actual mark-up rates (e.g. due to differences in motivation)? Second, do the different governance arrangements used in sectors of the industry, such as unified pu...

The volatile and intermittent nature of renewable energy sources (RES) has a critical impact on electric power grid operations. However, there still lacks model to price the uncertainty in electricity markets. This paper aims propose quantify RES system operating costs an market environment considering use flexible ramping (FR) products, compensation for wind curtailment, cost load thus offer m...

Greater partisan alignment among lawmakers enhances their ability to respond rapidly adverse shocks, but it also undermines the quality of checks and balances encourages excessive governmental intervention in local areas aligned with ruling party. We investigate how this form policy risk affects IPO underpricing. One standard-deviation increase political between politicians federal government t...

We present a game-theoretic treatment of distributed power control in CDMA wireless systems. We make use of the conceptual framework of noncooperative game theory to obtain a distributed and market-based control mechanism. Thus, we address not only the power control problem, but also pricing and allocation of a single resource among several users. A cost function is introduced as the difference...

The significant penetration rate of wind turbines in power systems made some challenges in the operation of the systems such as large-scale power fluctuations induced by wind farms. Gas-fired plants with fast starting ability and high ramping can better handle natural uncertainties of wind power compared to other traditional plants. Therefore, the integration of electrical and natural gas syste...

One of the most challenging issues of transmission grids in restructured power networks is determining the real transmission service cost. In this paper, a method for calculating the transmission service in different grids is presented. In the proposed method, the cost of power loss and congestion of transmission services are considered. Using this integrated model, the strengths and weaknesses...

in this paper, a new identification of the lagrange multipliers by means of the sumudu transform, is employed to  btain a quick and accurate solution to the fractional black-scholes equation with the initial condition for a european option pricing problem. undoubtedly this model is the most well known model for pricing financial derivatives. the fractional derivatives is described in caputo sen...