The national treatment obligation, along with the most favored nation obligation, is an important principle of non-discrimination adopted by theWorld Trade Organization. It requires that foreign products be treated no less favorably than national products. This paper empirically examines the...

This paper estimates a dynamic oligopoly model of product innovation and proposes an approach to evaluate an equilibrium effect of public policy on firm's innovation activities. The model considers a multi-agent Markov-Perfect Nash Equilibrium, allowing for firm's dynamic decision making on...

This paper examines the effects of large-scale penetration of solar PV in Japan. Since the government adopted in 2009 the feed-in tariff on renewable energy sources, the solar PV has been popular for both for residential and non-residential users. This paper employs power system simulation and...