Regulation and protection have been the major issues to prevent the consumers from enjoying good quality of service (QoS) at reasonable prices, for example, electricity and long distance call service. Deregulation in such industries started in early 1970sand have achieved significant results in,...

After deregulations in power industries, the original boundary lines have been removed and how to support optimal cross-border electricity trade planning has become an important issue. Decentralization, or all market participants have the rights to participate in decision making, is one of the...