Demand Aggregators as Emerging Market Actors
The paper predicts that demand aggregators will naturally arise. Coalitions become self-organizing responses to backwardation. Their emergence…
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Numerical Validation of Demand Aggregation
A toy model confirms the analytical theory with Monte Carlo simulations. Joining two or three firms…
How Aggregators Stabilize Digital Marketplaces
Demand aggregators smooth volatility in decentralized procurement ecosystems. As autonomous agents join, risk equilibrates. This theory underpins…
Procurement Under Uncertainty: A Closed-Form Solution
The authors derive a precise optimal solution minimizing expected cost. Convex analysis replaces trial-and-error procurement. Backwardation is…