Discover the differences between fixed and variable costs and how they impact production costs. Learn to analyze these costs ...

Discover exceptions to the law of demand, like Giffen and Veblen goods, and understand why they don't disprove core economic ...

Legacy load forecasting models are struggling with ever-more-common, unpredictable events; power-hungry AI offers a solution.

This work discusses the concept of roulette, the generated curves that occur when one curve rolls without slipping along another, tracing the path of a fixed point. The coin paradox and Aristotle’s ...

Abstract: The objective of this paper is to analyse the trade-off between the cost of operation and system reliability resulting from different shapes of Operating Reserve Demand Curves under scarcity ...