Scheduling EV user’s charging behavior based on charging price and applying renewable energy resources are the effective methods to release the load pressure of power grids brought about by the large-scale popularity of electric vehicles (EVs)....
11 April 2022
The Chinese government has launched six rounds of national drug price negotiation since 2016 to lower the price and expand access to innovative drugs, many of which are anticancer drugs. This study aims to examine the effect of the second round of ne...
Linking decision systems, negotiating agents, management accounting, and computational accounting, this paper aims at exploring dynamic pricing strategies of a synthetic business-to-consumer online operation and a comparative analysis of evolving str...
Timber sale prices are influenced by multiple tract, product, and transaction characteristics. This study evaluates the effects of species composition, product class, sale method, harvest type, timber quality, and average tree diameter on timber stum...
This paper investigates an RIS-assisted mobile edge computing (MEC) system without reliable direct links between users and base stations (BSs). Users offload tasks to BSs through reconfigurable intelligent surface (RIS)-reflected links, where offload...
The shared energy storage device acts as an energy hub between multiple microgrids to better play the complementary characteristics of the microgrid power cycle. In this paper, the cooperative operation process of shared energy storage participating...
8 June 2018
Background: The launch of hepatitis C (HCV) drugs such as sofosbuvir or ledipasvir has fostered the question of affordability of novel high budget impact therapies even in countries with high domestic product. European countries have developed a vari...
9 August 2019
Background: The Trump administration’s ‘American Patients First’ blueprint proposes to reduce drug prices in the USA by increasing drug prices abroad, ex USA. The possibility of the Trump administration to raise drug prices ex USA through legal actio...
Supplier selection/replacement strategies, purchasing price negotiation and optimized replenishment policies play a key role in efficient supply chain management in today’s dynamic market. Their importance increases even more in Industry 4.0. I...
This paper presents a decision support model for negotiation portfolio optimization considering the participation of players in local markets (at the microgrid level) and in external markets, namely in regional markets, wholesale negotiations and neg...
Reverse factoring is a retailer-led supply chain financing system that can enhance liquidity of suppliers and reduce factoring fraud. This paper proposes a bargaining game theory model to analyze the profit distribution in reverse factoring for a two...
Reliable access to electricity is still a challenge in many developing countries. Indeed, rural areas in sub-Saharan Africa and developing countries such as India still encounter frequent power outages. Local energy markets (LEMs) have emerged as a l...
This paper addresses decentralized energy trading among virtual power plants (VPPs) and proposes a peer-to-peer (P2P) mechanism, including two interactive layers: on the bottom layer, each VPP schedules/reschedules its internal distributed energy res...
Price discovery is an important research topic in real estate due to the heterogeneous nature of housing attributes and relatively thin trading activities compared to other assets. In Commonwealth countries, including New Zealand, governments usually...
The increase in the prices of fossil fuels and environmental issues are leading to a high investment in wind power and solar photovoltaic all over Europe, reducing its dependence on imported fossil fuels. The European countries started incentive prog...
1 December 2011
Online reverse auctions have benefits in reducing business purchasing costs and lead times. Previous research focused on developing new mechanisms for open-cry and multiple rounds of auctions, which is not appropriate for direct goods purchasing. Mor...
Electrical energy can be traded in liberalized organized markets or by negotiating private bilateral contracts. Competitive markets are central systems where market players can purchase and sell electrical energy. Bilateral contracting consists typic...
We consider a vertically related market where one quantity-setting and another price-setting downstream firm negotiate the terms of a two-part tariff contract with an upstream input supplier. In contrast to the traditional belief, we show that the pr...
11 April 2019
Background and objectives: Governments in Asia Pacific (APAC) are increasingly using pharmaceutical pricing strategies to contain rising healthcare costs. The objective of this narrative review is to discuss formal pricing strategies for reimbursed p...
16 July 2017
Background: Despite the guidelines for Economic and Public Health Assessment Committee (CEESP) submission having been available for nearly six years, the dossiers submitted continue to deviate from them, potentially impacting product prices. Objectiv...
This paper aims to estimate and decompose the spatial and temporal effect of a flood event occurring in the city of Laval in 1998 using a hedonic pricing model (HPM) based on a difference-in-differences (DID) estimator. The empirical investigation of...
The promotion of local renewable energy consumption and stable power gird (the latter is referred to as PG) operation have emerged as the primary objectives of power system reform. The integration of multiple microgrids with distinct characteristics...
This research explores the failure of competitively tendered projects in the UK construction industry to procure the most suited contractor(s) to conduct the works. Such work may have equal relevance for other developed nations globally. This researc...
The electricity market in Brazil is basically organized under two parts: the regulated market, where energy is traded through auctions, and the free market, where market participants freely negotiate the price and quantity of electricity. Although re...
Purchasing a property entails making rankings, comparisons, and trade-offs among various housing characteristics. When trying to sell a house, real estate brokers take on an important role as a middle-person between the seller and buyer. Thus, this r...
With the demand response and the massive access of distributed energy to the distribution network, it is possible to solve the transmission congestion problem by coordinating the controllable resources in a transmission network and distribution netwo...
22 June 2016
In this paper, we assume that a professional pollutant treatment enterprise treats all of the pollutants emitted by multiple small and medium-sized enterprises (SMEs). In order to determine the treatment price, SMEs can bargain with the pollutant tre...
24 September 2022
The 2019 worldwide sales of Orphan Drugs were estimated at $136 billion USD, which constituted 16% of the global pharmaceutical prescription market and is expected to grow by 12% in the next 5 years. A better understanding of Orphan Drug pricing may...
Public reimbursement systems face the challenge of balancing provision of needed treatments and the reality of limited resources. Canada has a complex system for drug approval and public reimbursement, with jurisdiction divided between the federal go...
COVID-19 has had devastating effects worldwide, and vaccines have become the most efficient solution to address the current pandemic situation thus far. After COVID-19 vaccines had been developed, discussions of the various countries’ equality...
Bitcoin’s evolution has attracted the attention of investors and researchers looking for a better understanding of the efficiency of cryptocurrency markets, considering their prices and volatility. The purpose of this paper is to contribute to...
Forecasting electricity spot prices holds paramount significance for informed decision-making among energy market stakeholders. This study introduces a methodology utilizing a multilayer perceptron (MLP) neural network for multivariate electricity sp...
After the annexation of Crimea in 2014, many EU–Russia projects such as the concept of Strategic Partnerships, negotiations on the New Basic Agreement, and the abolishment of visa regime, among other important issues, were suspended. On top of...
In the era of big data, breaking down data silos to enable efficient data transactions has become essential, with the fairness and transparency of pricing mechanisms being paramount. This study addresses these challenges by introducing a novel tripar...
In the electricity market, the issue of contract negotiation prices between generators/traders and buyers is of particular relevance, as an accurate contract modeling leads to increased financial returns and business sustainability for the various pa...
This paper proposes an economic dispatch strategy for the electricity system with one generation company, multiple utility companies and multiple consumers, which participate in demand response to keep the electricity real-time balance. In the wholes...
The paper aims to explore the process of land conversion for tourism development in Vietnam, under the present ambiguous and insecure property rights system. Four case studies in different geographical areas were selected to analyse land conversion a...
Digital and intelligent fresh-product supply chains increasingly rely on third-party logistics providers (TPLs) to record and disclose transport-process information. However, the TPL bears data-collection and digital-governance costs while capturing...
The primary sector is particularly important in Greece, especially considering the country’s current financial crisis, which has lasted since 2010. In an innovative way, this paper investigates the role of Contractual Agriculture as a tool for...
20 February 2021
Cloud computing has rapidly penetrated enterprise and user computing markets with three prominent service models: software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). Cloud computing has also proven to b...
The Brazilian Power System is mainly composed of renewable generation from hydroelectric and wind. Hence, spot and forward electricity prices tend to represent the inherently stochastic nature of these resources, while risk management is a measure ta...
The implementation of the dual-credit policy has had a significant impact on the development of new energy vehicles. Considering the background of the dual-credit policy, this paper examines the concept that demand is influenced by price, consumer lo...
Political leaders value public demonstrations of support from foreign leaders and frequently make concessions in order to obtain them. We model the bargaining dynamics surrounding these exchanges and their impact on the recipient leader’s polit...
After the completion of temporary repair of naval ship equipment, cost settlement has long relied on an ex post auditing model, which results in long cycles and a lack of immediate pricing references for the military. To address this issue, a compreh...
20 August 2023
Objectives: In this paper, we outline and compare pharmaceutical pricing and reimbursement policies for in-patent prescription medicines in three Maghreb countries, Algeria, Morocco, and Tunisia, and explore possible improvements in their pricing and...
Buyer-seller networks where price is determined by an ascending-bid auction are important in many economic examples such as certain real estate markets, radio spectrum sharing, and buyer-supplier networks. However, it may be that some sellers are bet...
Housing research is one of the hot topics in many countries. This paper provides a quick review of the housing economics research in the US, Sweden, Latvia, China, Corsica, and Italy published in this special issue. Bao and Shah studied the effects o...
Consumers in electricity markets are becoming more proactive because of the rapid development of demand–response management and distributed energy resources, which boost the transformation of peer-to-peer (P2P) energy-trading mechanisms. Howeve...
Wind power has become the main power generation method in China’s clean energy power generation because of its clean and high efficiency, as well as its high power utilization rate. The research on its pricing mechanism has also become the main...
During the last years, renewable energy strategies for sustainable development perform as best practices and strategic insights necessary to support large scale organizations’ approach to sustainability. Power purchase agreements (PPAs) enhance...
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