The competition and equilibrium in power markets under decarbonization and decentralization

Equilibrium analysis has been widely studied as an effective tool to model gaming interactions and predict market results. However, as competition modes are fundamentally changed by the decarbonization and decentralization of power systems, analysis techniques must evolve. This article comprehensively reviews recent developments in modelling...

Counterfeit construction products from low-cost sourcing countries

Counterfeiting has been around since ancient times. Counterfeiting in modern times was once widespread and not confined to any geographic region. With the globalization efforts following World War II, counterfeiting became an international problem, much of it emanating from Japan’s developing manufacturing-based economy. As Japan’s economy...