Discover how competitive equilibrium balances supply and demand in markets, maximizing economic efficiency for profit-driven producers and value-seeking consumers.

A research team led by Prof. LIU Haiqing at the Hefei Institutes of Physical Science of the Chinese Academy of Sciences, has ...

In this paper, we propose a tractable quadratic programming formulation for calculating the equilibrium term structure of electricity prices. We rely on a competitive game theoretic model, with ...

The ambiguity of price discovery for IPO shares on the listing day is likely to be a thing of the past. SEBI has now asked the exchanges to compute an equilibrium price for the newly-listed stocks at ...