This paper presents estimates of the variable cost function of electricity generation. The cost function is estimated using a two dimensional definition of capacity utilization. Because electricity cannot be conveniently stored, generation facilities follow the load across demand cycles. Capacity utilization can be captured empirically in two ways. One is generation relative to capacity when a ...

Sharing Imperfect Demand Information in Competing Supply Chains with Production Diseconomies Albert Y. Ha School of Business and Management, The Hong Kong University of Science and Technology, [email protected] Shilu Tong Australian School of Business, The University of New South Wales, [email protected] Hongtao Zhang School of Business and Management, The Hong Kong University of Science and Technology...

This essay introduces a new featured section, to be published in Small Axe annually, that explores the critical vocabulary of field Caribbean studies.

This paper examines conflicts in which performance is measured by the players’ success or failure in multiple component conflicts, commonly termed “battlefields.” In multi-battlefield conflicts, behavioral linkages across battlefields depend both on the technologies of conflict within each battlefield and the nature of economies or diseconomies in how battlefield outcomes and costs aggregate in...