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...

This analytical modeling paper investigates optimal subsidies to promote adoption of a socially beneficial new technology in a market with consumer switching costs and strategic firms. For the firms, it explores the pricing decisions of an entrant selling the new technology and an incumbent...

Many technologies in energy, transportation, and telecommunications require large infrastructure systems to deliver benefits to adopters and society. Policymakers seeking to promote the diffusion of infrastructure-dependent technologies are often confronted with the ``chicken-and-egg" problem:...