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Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...
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incentives for economic activity to concentrate. Our theory provides a novel scaling law; a magnification effect; and reveals a …
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stability properties of the model are analyzed using bifurcation theory, delineating a generalized, multi-sectoral version of …
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