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Drawing on a new analytical framework provided by the economic theory of optimal legal areas, this paper identifies the … factors determining the optimal size of the European Union. It applies this theory to the question of how enlargement affects …
Persistent link: https://www.econbiz.de/10001725434
The question of third-party access to the networks has become central to the debate around the liberalisation of the European electricity markets due to the natural monopoly characteristic of the transmission network. The European Union's electricity directive provides three institutional...
Persistent link: https://www.econbiz.de/10001725500
of game-theory and monopoly-theory. We compare the market results of the EU-Regulation with two alternative arrangements …
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