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U.S. firms seek regulation against foreign firms that are alleged to have dumped their goods in the U.S. market, preying on domestic firms. Regulators, empowered by the legislative body, administer antidumping laws to counter such practices. However, due to informational asymmetries that exist...
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This paper relies on an engineering optimization model of the local telecommunication exchange network to calibrate the functions entering various regulatory mechanisms, from both traditional and modern (incentive) regulation, and evaluate their relative performance. The engineering process...
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In this paper we provide the normative benchmark characterizing the optimal allocation of resources in a gas network. By duality, we determine the consumer and producer prices, at each node of the network, which decentralize this allocation with competitive actors. From the nodal prices we...
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