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Idiosyncratic risk and the cost of capital: The case of electricity networks
Schober, Dominik; Schäffler, Stephan; Weber, Christoph - 2014
all firms. This will lead to implicit discrimination. We combine models of firm-specific risk, liquidity management and … monopolistic bottlenecks should take these risks into account to avoid implicit discrimination. …
Persistent link: https://www.econbiz.de/10010330308
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Idiosyncratic risk and the cost of capital : the case of electricity networks
Schober, Dominik; Schäffler, Stephan; Weber, Christoph - 2014
all firms. This will lead to implicit discrimination. We combine models of firm-specific risk, liquidity management and … monopolistic bottlenecks should take these risks into account to avoid implicit discrimination. …
Persistent link: https://www.econbiz.de/10010234037
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Idiosyncratic Risk and the Cost of Capital – The Case of Electricity Networks
Schober, Dominik - 2014
all firms. This will lead to implicit discrimination. We combine models of firm-specific risk, liquidity management and … monopolistic bottlenecks should take these risks into account to avoid implicit discrimination …
Persistent link: https://www.econbiz.de/10013059866
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Using Supervised Environmental Composites in Production and Efficiency Analyses: An Application to Norwegian Electricity Networks
Orea, Luis; Growitsch, Christian; Jamasb, Tooraj - 2012
Supervised dimension reduction methods have been extensively applied in different scientific fields like biology and medicine in recent years. However, they have hardly ever been used in micro economics, and in particular cost function modeling. Nonetheless, these methods can also be useful in...
Persistent link: https://www.econbiz.de/10010312741
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Using Supervised Environmental Composites in Production and Efficiency Analyses: An Application to Norwegian Electricity Networks
Orea, Luis; Growitsch, Christian; Jamasb, Tooraj - Energiewirtschaftliches Institut (EWI), Universität zu … - 2012
Supervised dimension reduction methods have been extensively applied in different scientific fields like biology and medicine in recent years. However, they have hardly ever been used in micro economics, and in particular cost function modeling. Nonetheless, these methods can also be useful in...
Persistent link: https://www.econbiz.de/10010840512
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Killing the goose that may have laid the golden egg? The incentives to discriminate and the regulation of access charges in the German electricity supply industry
Schmidtchen, Dieter; Bier, Christoph - 2005
monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost …
Persistent link: https://www.econbiz.de/10010296926
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Regulation and third-party discrimination in vertically related markets: The case of German electricity
Brunekreeft, Gert - 2001
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network industries like telecommunications, electricity...
Persistent link: https://www.econbiz.de/10010305103
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Regulation and third party discrimination in vertically related markets : the case of German electricity
Brunekreeft, Gert - 2001 - Revised Version - March 2001
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network industries like telecommunications, electricity...
Persistent link: https://www.econbiz.de/10010492296
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Regulatory Threat in Vertically Related Markets; The Case of German Electricity
Brunekreeft, G. - Faculty of Economics, University of Cambridge - 2002
-price) discrimination against their parties. The conceptual framework appears to explain developments in the German electricity sector …
Persistent link: https://www.econbiz.de/10005783729
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Killing the goose that may have laid the golden egg? The incentives to discriminate and the regulation of access charges in the German electricity supply industry
Schmidtchen, Dieter; Bier, Christoph - Forschungsstelle zur ökonomischen Analyse des Rechts, … - 2005
monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost …
Persistent link: https://www.econbiz.de/10008509591