One approach to modeling and solving for economic equilibria relies on mathematical programming. These models solve for competitive equilibria. However, policy analysis often requires measuring the impacts of government price regulations that differ from the competitive equilibrium. In this paper we provide a unified framework for computing market equilibrium in mathematical programming models ...

A large literature has focused on labour market institutions as a reason for slow growth in Europe. How important have product market regulations been? Recent work has shown that less regulation encourages investment, increases employment and leads to faster productivity growth. Empirical work at the firm level, within individual countries, suggests that the impact may differ in important ways ...

The views expressed in this paper are those of the authors and publication does not imply their endorsement by CSIA and Harvard University. This paper may be reproduced for personal and classroom use. Any other reproduction is not permitted without written The environmental movement is poised to enter a second generation. For two decades it prompted significant improvements in the quality of ou...

Nuclear power has never been free from the stifling involvement of government. Heavy regulation has reduced the ability of entrepreneurs to develop and provide new means for the generation of energy using nuclear fuel. The strict parameters dictated by government officials are based upon outdated technology, an improper regulatory philosophy, and preclude innovation in nuclear power generation....

We survey recent developments in the theoretical and empirical literature on the economic effects of environmental regulation on various aspects of market structure including entry, exit and size distribution of firms and market concentration.

Risk managers operate in the space of risk and returns, constrained by financial market regulations. How can risk managers assess risk associated with changing regulatory structures, given that theories about the relationship between risk and return are much more developed than theories about the determinants of regulatory constraints? To help risk managers develop insight and predictive abilit...

The consequences of occupational licensing regulations on the private security market are examined. Analysis suggests that these regulations impact the number of private security firms in a state, the distribution of firm size, and the average wage of private security employees. Regulations imposed in some states reduce the number of private security firms, increase the size of firms, and raise...