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Consumer Price Search and Platform Design in Internet Commerce
Internet Commerce Consumer Price Search
2015/7/17
Search frictions can explain why the ìlaw of one priceî fails in retail
markets and why even Örms selling commodity products have pricing power. In
online commerce, physical search costs a...
In this paper we outline initial concepts for an immune inspired algorithm to evaluate price time series data. The proposed solution evolves a short term pool of trackers dynamically through a process...
A Pseudo Spot Price Algorithm Applied to the Pumped-Storage Hydraulic Unit Scheduling Problem
Pseudo Spot Price Algorithm Pumped-Storage Hydraulic Unit Scheduling Problem
2009/7/27
A lossy electric power system that contains thermal units and a pumped-storage hydraulic unit is considered in this paper. The total cost of thermal units in an operation cycle is minimized under some...