El objetivo de este artículo es calcular el Costo Total Nivelado de Generación con Externalidades (CTNGE) de tres tecnologías de carga base: termoeléctrica de carbón, ciclo combinado y central nuclear. Se emplea simulación Monte Carlo para estimar las densidades de probabilidad de los CTNGE. Se emplea la teoría de portafolio para encontrar la mezcla de tecnologías que brinden el CTNGE menos riesgoso y con menor media. Se encuentra que la central nuclear tiene los menores CTNGE. Siendo la termoeléctrica de carbón la tecnología con mayores y más riesgosos CTNGE.

Options with extendable features have many applications in finance and these provide the motivation for this study. The pricing of extendable options when the underlying asset follows a geometric Brownian motion with constant volatility has appeared in the literature. In this paper, we consider holder-extendable call options when the underlying asset follows a mean-reverting stochastic volatility. The option price is expressed in integral forms which have known closed-form characteristic functions.

In this article a multiple regime extension of a Heston–Nandi GARCH(1,1) class of models is presented to describe the asymmetries and intermittent dynamics in financial volatility. The statistical properties and the estimation of their parameters are addressed in detail. The number of regimes in the model is determined through a statistical procedure based on a robust Lagrange Multiplier (LM) specification.

Purpose
The purpose of this paper is to analyze the effect of the consumer’s emotional shopping experience on the perception of benefits and on the corporate reputation of a department store.

Design/methodology/approach
This study was applied to a non-probabilistic sample survey proportionally distributed among the main department stores in Chile and Mexico.

El objetivo de este estudio es ofrecer una explicación de los factores que tienen un impacto en la percepción de la innovación del personal operativo en empresas mexicanas. Mediante un estudio exploratorio, se detectaron 26 atributos de la innovación. Se diseñó un instrumento para medir la percepción sobre el cumplimiento de estos atributos. Se integró una muestra de 925 personas de nivel operativo de empresas mexicanas manufactureras y de servicio. Los atributos se agruparon en cuatro dimensiones mediante un análisis factorial confirmatorio.

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Purpose
The purpose of this paper is to probe how reward-based crowdfunding campaigns accomplish their goal by adopting the theoretical constructs of social capital dimensions: structural, cognitive and relational.

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Abstract