Rui R. Zhao

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  • Luis C Corchón, Galina Zudenkova, Paco Alcala, Carmen Beviá, Luis Cabral, Marc Escrihuela +5 others
  • 2008
We study the percentage of welfare losses (PWL) yielded by imperfect competition under product differentiation. When demand is linear, if prices, outputs, costs and the number of firms can be observed, PWL is arbitrary in both Cournot and Bertrand equilibria. If in addition, the elasticity of demand (resp. cross elasticity of demand) is known, we can(More)
This paper provides an alternative treatment system for landfill gas and leachate control in order to reduce the energy consumption and disposal cost, using the recycled landfill gas as the combustion promoter for incineration of the leachate. This study starts by providing a literature review to summarize and analyze different approaches being applied to(More)
a r t i c l e i n f o a b s t r a c t JEL classification: C73 D82 L14 J30 Keywords: Repeated principal–agent Self-enforcing contracts Renegotiation Private evaluation Renegotiation and conflict resolution are studied in relational contracting under subjective evaluation. Renegotiation has three effects. First, it makes the incentive pay scheme low powered:(More)
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