This paper investigates the impacts of the eastern enlargement of the European Union in 2004 and the liberalisation of European electricity markets on Germanys electricity exchange with neighbouring countries and on electricity prices. Thus, electricity imports from Czech Republic have increased...

This paper investigates the impacts of the eastern enlargement of the European Union in 2004 and the liberalisation of European electricity markets on Germanys electricity exchange with neighbouring countries and on electricity prices. Thus, electricity imports from Czech Republic have increased...

We study a mixed duopoly model, in which a state-owned (public) firm maximizing domestic social surplus and a private (foreign) firm compete. Under general enough assumptions, we first justify the concept of conjectural variations equilibrium (CVE) applied to the model by demonstrating concavity...