from country to country. Some spot markets have imposed the concentration of transactions to ensure market liquidity. Other … the trade off between the liquidity of the market and the stability of the system. The solution chosen by some market is a … mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market …

In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …

market study conducted in 2009/2010, and published by the European Commission in 2010. The objectives of the current study … are to investigate if a well-functioning electricity market is in place for consumers in the EU and assess how the … performance of retail electricity markets for consumers has developed since the first market study. The study also examines the …