Wholesale electricity market designs in practice do not provide the market participants with adequate mechanisms to hedge their financial risks. Demanders and suppliers will likely face even greater risks with the deepening penetration of variable renewable resources like wind and solar. This paper explores the design of a centralized cash-settled call option market to mitigate such risks. A ca...

Two fbms of human echinococcosis or hydatidosis have been reportedinJapan: alveolar hydatidosis (AHD), which is caused by larval Echinococcus multilocularis, and cystic hydatidosis (CHD), which is caused by larval E. granulosus ( 1 ). Thee hundred and eighty-three AHD cases were reported from 1937-1998 in Hokkaido, a large northemmost island of Japan (2). In contrast, CHD cases were reported fr...

The role of exogenous substances in the genesis of mental symptoms has found relevance in some jurisdictions when a defense of settled insanity is raised. However, the current nosology and knowledge base reveal ambiguity and unresolved questions about the present science related to settled insanity.

When people interact in familiar settings, social conventions usually develop so that people tend to disregard alternatives outside the convention. For rational players to usually restrict attention to a block of conventional strategies, no player should prefer to deviate from the block when others are likely to act conventionally and rationally inside the block. We explore two set-valued conce...