Abstract: We examine the impact on inter-regional trade in eastern U.S. electricity markets arising from the FERC-supported creation of Independent System Operators (ISOs). Our analysis focuses on the PJM ISO (Pennsylvania, New Jersey, Maryland, and other states) and its trade with the New York ISO and ECAR (East Central Area of Reliability). The formation of ISOs has been associated with two d...

a r t i c l e i n f o The customer lifetime value combines into one construct the transaction timing, spending and dropout processes that characterize the purchase behavior of customers. Recently, the potential relationship between these processes , either at the individual customer level (i.e. intra-customer correlation) or between customers (i.e. inter-customer correlation), has received more...

the purpose of this study is to assess the transaction cost of borrowing from non-governmental investment development funds which are established in less than a decade. transaction costs are considered as significant and limiting factors for micro-borrowers in using formal loans. the required data are provided by the investment developing support’s parent company using the stratified random sam...

Collaboration platforms are inter-organizational application systems for supporting or enabling inter-firm co-operation and collaboration. Although a number of collaboration platforms emerged from electronic marketplaces their underlying business logic differs significantly. Electronic marketplaces focus on negotiated pricing whereas collaboration platforms support or facilitate inter-firm coll...

This paper evaluates the suitability of a new modell ing method called DEMO for the purpose of Business Process Redesign. On the basis of the theoretical evaluation two extensions are proposed; the Transaction Sequence Graph and the Transaction Process Model. DEMO and the two extensions are applied to a case study. From the case study it is concluded that a DEMO analysis together with the e.rte...

be able to obtain a gain in performance, essentially for free, by performing the post-processing step suggested in Claim 1. What we have proposed can therefore be added as the final step in existing schedulers. Of course, an exhaustive search procedure like the one proposed in [11] will certainly find the schedule directly. For an ordered transaction strategy, we use the transaction ordering su...

Based on a case study of a Portuguese packaging firm, this paper examines how vertical integration of the supplier serves as a vehicle for the full outsourcing of the client firms' needs in a solution that reduces transaction costs, favors specialization, and permits small and medium-sized firms to develop competencies that may be exploited in a wide array of projects. Vertical integration by t...

This paper evaluates the suitability of a new modelling method called DEMO for the purpose of Business Process Redesign. On the basis of the theoretical evaluation two extensions are proposed; the Transaction Sequence Graph and the Transaction Process Model. DEMO and the two extensions are applied to a case study. From the case study it is concluded that a DEMO analysis together with the extens...

In the context of joint operation China’s intra-provincial markets and inter-provincial trading, how to meet load demand energy consumption using renewable trading is a key problem. The combined provides new way for provincial power companies optimize clear market, complete responsibility weight index, consume across provinces regions. This paper combines generation within province, uses provin...