Rosellon, Juan; Weigt, Hannes - Centro de Investigación y Docencia Económicas (CIDE) - 2007
This paper provides a new mechanism on how to overcome transmission expansion in the specific European context. We test the Hogan-Rosellón-Vogelsang (2007) (HRV) incentive mechanism for different network topologies. The HRV mechanism is based on redefining the output of transmission in terms of...