Both quality differentiation and capacity commitment have been shown to relax price competition. However, their joint influence on the outcome of price competition has not yet been assessed. In this article, we consider a three stage game in which firms choose quality, then commit to capacity...

We show in a simple model of entry with sunk cost, that a regulator prefers limiting the output, or capacity, of the incumbent firm rather than imposing a "Minimum Quality Standard" in order to help the entrant to provide high quality. As a by-product, our analysis makes a contribution to the...

Wind powered generation (WPG) is the dominant renewable energy source for electricity production. Its intermittent nature limits its contribution to the adequacy of electrical systems. We investigate this issue and define the social cost of wind power as the difference between its actual cost...

The Fukushima disaster has lead the French government to release novel cost information relative to its nuclear electricity program allowing us to compute a levelized cost. We identify a modest escalation of capital cost and a larger than expected operational cost. Under the best scenario, the...

We thoroughly test the Greater Male Variability (GMV) hypothesis according to which men vary more than women in every physical and psychological dimension. We firstly reformu- late the variability notion in the gender context. We then leverage “big data” and public use files to test the GMV...

Quotas act as facilitating practices under price competition. Because they relax price competition, they may affect firms' quality choice in very specific ways. We analyze this issue by considering the following stage game: a domestic government chooses an import quota, then a domestic and a...

The aim of this paper is to bring together spatial and racial discrimination in an urban framework. While racial discrimination is against black workers, spatial discrimination (or redlining) is against residents living in the city-center. When the relative access cost for black workers to...

Who’s the Greatest Of All Times, be it a team or an athlete, is hotly debated among sport fans. To provide a tentative answer, we apply the mathematical concept of network centrality upon the paired comparison model. We capture the twin notions of fitness and prestige across epochs in order to...