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For decades, the various components of the supply chain have ebbed and flowed as new technologies and innovations have come into play. No matter what the supply chain looks like, its goal is simple: ...
I consider a model in which one firm in each of two countries produces a homogeneous good and sells it exclusively to a third country. Each firm simultaneously selects a supply function before a ...
This paper analytically derives a Supply Function Equilibrium (SFE) of a real-time electricity market with multiple firms and asymmetric production capacities. There is a unique SFE, which is ...
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