An optimal regulation in an intertemporal oligopoly market: the Generalized Incremental Surplus Subsidy (GISS) scheme

Article Abstract:

The Generalized Incremental Surplus Subsidy (ISS) scheme is proposed as a means of regulating an intertemporal oligopoly market 'to behave in the social interest.' The non-Bayesian approach, which was designed for cases when the regulator has no information about the regulated firm's technology and cost structures, is a generalized version of the ISS model proposed by D. Sappington and D. Sibley in 1988 as well as J.C. Kim and K.B. Chang's extension of the 1979 Loeb-Magat model.

Models, Evaluation, Industry regulations, Government regulation of business, Trade regulation, Oligopolies

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The magnificent eight

Article Abstract:

The growth of a whiteteail deer in Michigan is chronicled in photographs. The deer's antlers are buds in early May after his winter birth, and by the middle of June, the antlers have grown significantly. By the end of June, the antler's have six points. The antler's ended up with eight points.

Portrayals, White-tailed deer, Antlers

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Bad Copps, good Copps

Article Abstract:

Canadian Deputy PM Sheila Copps was known for her aggressive personality even as a member of the Liberal Party. However, a gentler side of Copp's personality shows through in relationships with her staff, female colleagues and her daughter Danelle.

Behavior, Prime ministers, Copps, Sheila

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