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Strong liquefied natural gas (LNG) demand growth, especially in Asia, could increasingly motivate gas infrastructure development in North America. Nevertheless, opposition to new gas infrastructure is formidable in some of the U.S. states and Canadian provinces that are well positioned to supply...
Persistent link: https://www.econbiz.de/10013214313
Market equilibrium models are often specified and solved as mixed complementarity problems (MCPs). These formulations combine the Karush-Kuhn-Tucker (KKT) optimality conditions of the optimization problems faced by multiple strategic players with market-clearing conditions, such that the...
Persistent link: https://www.econbiz.de/10013235252