This paper characterizes a supply function equilibrium in an auction market constrained by limited capacities of links in a transportation network and limited input/output capacities of participants.

Supply and demand curves express relationships between price and quantity. Equilibrium exists when supply equals demand. The shape of these curves and the equilibrium price affect small and large ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

Let S: X → X, T: Y → Y be continuous maps of compact metrizable spaces, and let π: X → Y be a continuous surjection with π ⚬ S = T ⚬ π. We investigate the notion of relative pressure, which was ...