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Effects of Deregulation on Safety provides a comprehensive overview of the safety experiences of these three case study industries and their implications for the U.S. nuclear power industry. The treatment of the subject is not highly technical, and hence is accessible to a wide range of readers...
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Three cost models of water delivery systems are replicated as alternative specifications of a general form. A dual cost function methodology is followed, usin g firm-specific data and ownership proxies, to trace the effects that numerous technical constraints and variable specifications have on...
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Bayesian techniques specify how to update beliefs about a variable given information on that variable or related variables. In many cases, statistical analyses also provide information about the relationship between variables, but the Borel Paradox prohibits many natural ways of updating beliefs...
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In this work, we develop a game-theoretic model for whether and how a first mover should disclose her resource allocation. Our model allows us to explore whether the first mover should disclose correct information about her resource allocation, incorrect information, or no information. Although...
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