The paper discusses how conflicts between the multiple objectives of policymakers (efficiency, equity, fiscal, speed of reform, signaling,...) can influence the optimal design of concessions contract for network services in infrastructure. The discussion covers the relevance of information asymmetries for the optimal regulatory regime and processes, for the optimal design of awarding processes ...

In a Diamond and Dybvig (1983) environment, Green and Lin (2003) take a mechanism design approach and show that a bank run equilibrium cannot exist. Peck and Shell (2003) generalize their economic environment and show that it can. The bank run, however, does not emerge because of modifications to the economic environment but rather because the mechanism that implements allocations is not an opt...

CCC-r control chart is a monitoring technique for high yield processes. It is based on the analysis of the number of inspected items until observing a specific number of defective items.  One of the assumptions in implementing CCC-r chart that has a significant effect on the design of the control chart is that the inspection is perfect. However, in reality, due to the multiple reasons, the...

design and expansion of distribution systems seems inevitable in view of the need to satisfy the rise in energy consumption in a technical and economical way. optimal location, sizing and determining the service area of substations is one of the principle problems in expansion of distribution systems. also uncertainty is one of the important factors that increase risk of exact decision makings....

in this paper, an economic decisions-making model based on mathematics in order to optimize the costs of investment in accordance with innovative technology of human resources recruitment introduced and in the next section, the economic impact of the internet recruitment technologies has been examined.  in order to fulfill these demands classic economic order quantity model of have developed as...

induction heating is widely used in metal industry for melting or heating thin slabs in a continuous casting plant. the wide application is based on good efficiency, high production rate and non-polluting conditions. for designing a parallel resonant induction heating system, calculating the capacitance for the resonant circuit is important, because its value affects resonance frequency, output...

the integration of an approximate model and a clonal selection algorithm (csa) is considered to one of the most effective ways to solve complex optimization design problems in engineering. in this study, first, a process for developing an approximate model and the principles of clonal selection algorithms were presented. then, a variotherm temperature injection mold used to produce a large liqu...

The objective of this work is to design control strategies which optimize composition of production, technology stock and their rates in a nonlinear model of economic growth. The optimal control problem of R&D investment is formulated for a discounted utility function which correlates the amount of sales and production diversity. The maximum principle of Pontryagin is applied for designing opti...

The common consideration on economic model is that there is knowledge about the risk of occurrence of an assignable cause and the various cost parameters that does not always adequately describe what happens in practice. Hence, there is a need for more realistic assumptions to be incorporated. In order to reduce cost penalties for not knowing the true values of some parameters, this paper aims ...

The race to economic superiority is increasingly occurring on a global scale. Competitors from different countries are employing new types of growth strategies in attempts to win that race. The United States cannot, therefore, continue to rely on outdated economic growth strategies, which include an inability to understand the complexity of the typical industrial technology and the synergies am...