This paper presents a bilevel programming model to aid decision-making for two players who interact strategically in the liquefied natural gas (LNG) supply chain, possibly with conflicting interests. In the proposed model, an LNG operator is the leader and a natural gas (NG) producer is the...

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...

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...

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...