Consider a market where producers submit supply functions to a procurement auction — e.g. an electric power auction — under uncertainty, before demand has been realized. In the Supply Function Equilibrium (SFE), every firm commits to the supply function maximizing his expected profit given the supply functions of the competitors. The presence of multiple equilibria is one basic weakness of SFE....

The importance of drug as a valuable export product in the global economy becomes more clear every day. Understanding the problems of exports and factors affecting it, can be an important step to keep Iran’s position in the world markets and further export development of this product.In this study, Iranian pharmaceutical exports’ supply and demand functions were calculated using co-integration ...

Firms compete in supply functions when they offer a schedule of prices and quantities into a market; for example, this occurs in many wholesale electricity markets. We study the equilibrium behaviour when firms differ, both with regard to their costs and their capacities. We characterize the types of equilibrium solution that can occur. If the demand can be low enough for it to be met economica...

government policies had been provided foreign direct investment (fdi) multiplier entry basis in iran in two late decade with effect on fdi absorbency effective ingredient. in this study, in order to set government policies effects outlook on the future situation of fdi supply in iran in two late decade, two forms of non-linear fdi supply functions has been simulated, by using direction line of ...

In recent years, there has been growing interest in systems for sharing resources, which were originally used for personal purposes by individual users, among many unspecified users via a network. An example of such systems is a peer-to-peer (P2P) data storage system that enables users to share a portion of unused space in their own storage devices among themselves. In a recent paper on a P2P d...

Some companies concentrate on upgrading their supply chain operations. Others focus more on the demand side, seeking to improve the customer relationship processes. Yet the real key to market success is to effectively integrate the two initiatives. By doing so, you can offer customers a greatly enhanced value proposition. And this, in turn, leads to new T raditionally, supply chain management h...

The importance of drug as a valuable export product in the global economy becomes more clear every day. Understanding the problems of exports and factors affecting it, can be an important step to keep Iran’s position in the world markets and further export development of this product.In this study, Iranian pharmaceutical exports’ supply and demand functions were calculated using co-integration ...

The purpose of this paper is to elucidate whether the supply side played a crucial role in causing credit crunch in 1990s. To this end, we estimated the supply and demand functions using prefectural panel data from 1990 to 2001, and calculate the shift of those functions. The results reveal that until 1996, the supply function largely shifted toward right, indicating that the supply side was no...

in this paper we investigate the effect of oil price shocks on stock market index in iran, by using of a structural var (svar) approach. we used four variables in the model namely kilian index, global oil supply, real oil price and real stock market index. the data are monthly and spanning the period 1997m10-2014m12. we identify the effect of four different shocks on stock market including oil ...