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contested places where competition, safety, and reliability meet. Yet, regulators and academics have largely overlooked the … risks Joint Pole Committees (JPCs) pose for energy and communications safety, service, competition, and regulation. This …, competition, and accountable governance at the forefront of utility regulation. This article lifts the veil over JPC practices …
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We study a model of dynamic two-stage R&D competition where the competing firms are uncertain about the difficulty of … the first stage. Staying in the competition is costly and a firm can also choose whether and when to quit. When a firm … arrives neither too soon nor too late, and exit the competition if it has not arrived after a sufficiently long time. From a …
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reversion in laggards' performance. When policy uncertainty is high, technological competition intensifies even as the overall …
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