The combination of energy pricing reform and energy sector investment liberalisation is thus expected to enhance economic development in the region and also to encourage people to use more efficient and cleaner fuels. This study indicates that even if the partial removal of energy subsidies has...

Asian energy policy makers are now in the cross road of defining the future direction of the region’s long term energy scenario which can strike a balance between economic development, energy supply security and climate change mitigation due to the Fukushima nuclear accident in Japan. Though...

In this note we show that the solution notion called conservative stable standard of behaviour (CSSB), introduced by Greenberg (1990) has very little predictive power in environments with farsighted players although intuitively it is quite nice. First we show that CSSB can make no prediction at...