This paper develops a dynamic game in which an incumbent and an entrant can each invest in a new technology. The entrant can also invest in the old technology. Contrary to results from previous research, I show that an increase in the probability of successfully implementing a technology can cause the incumbent to reduce its investment. If the success probability is high, the incumbent allows t...

A microcomputer algorithm for tachycardia identification, suitable for use in an implanted antitachycardia pacemaker, is described. The system employs an atrial and ventricular electrogram, detects a sustained fast rate in either chamber, and awakens the main program to perform detailed analysis of the tachycardia and its immediately preceding beats. The algorithm distinguishes atrial, ventricu...

Inspired by some spectrum auctions we consider a stylized license auction with incumbents and a potential entrant. Whereas the entrant values only the bundle of several spectrum blocks (synergy), incumbents’ marginal valuations are nonincreasing. The seller proactively encourages entry and subjects incumbents to a spectrum cap. In this framework, a simultaneous multi-round auction (SMRA) gives ...

The Icelandic Competition Council recently ruled that a cement supplier with 75% market share did not enjoy a dominant position. The ruling was based on countervailing power of local concrete producers. To test whether there are economic arguments for the ruling, we present a simplified model of the industry and apply and adapt some recent work on bilateral oligopoly. We show that, in equilibri...

This paper deals with the permutation flowshop scheduling problem time lags constraints to minimize total weighted tardiness criterion by using Branch and Bound algorithm. A new lower bound was developed for problem. The computational experiments indicate that proposed algorithm provides good solution in terms of quality requirements.

The paper addresses the problem of entry barriers for a new technology – hydrogen powered cars or cars with fuel cell engines – if the network of its filling stations is missing or thin. We use Hotelling’s model of product differentiation to characterize a situation where an incumbent firm produces the old technology, compatible with the existing network of filling stations, and an entrant, who...

Recent studies indicate that the transition from sheet to cloud cavitation depends on both cavitation number and Reynolds number. In the present paper this transition is investigated analytically and a physical model is introduced. In order to include the entire process, the model consists of two parts, a model for the growth of the sheet cavity and a viscous film flow model for the so-called r...

Tuberculosis (TB) primarily occurs in the foreign-born in European countries, such as the UK, where increasing notifications and the high proportion of foreign-born cases has refocused attention on immigrant (new entrant) screening. We investigated how UK primary care organisations (PCOs) screen new entrants and whether this differs according to TB burden in the PCOs (incidence < 20 or ≥ 20 cas...

The paper addresses the problem of scheduling in the two-stage flowshop with parallel unrelated machines and renewable resource constraints. The objective is minimization of makespan. The problem is NP-hard. Fast heuristic algorithms using list scheduling and greedy strategies are proposed. For evaluation of the performance of the algorithms computational experiments are performed on randomly g...