We integrate individual power in groups into general equilibrium models. The relationship between group formation …, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via … an illustrative example, three appealing concepts of power and show that there is no monotonic relationship between these …

of power. In the second part, we demonstrate that reported subjective well-being of the population is much higher in …

studies focus their attention on tax compliance factors associated with trust and power. Therefore, this study is dedicated to … fully exploring these factors. The results show that most factors had a significant influence on trust and power. The … compliance. However, the study fails to find evidence of the relationship of power with enforced compliance, although enforced …

effect. It further varies with politicians power, firm size and governance, and connection strength, and diminishes as a …

market prices. These fluctuations can induce estimates of market power that ignore dynamic costs to overstate markup … time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate …

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to … physical settlement during the second market phase of the EU ETS. We employ a series of estimation methods that allow for an …

lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures …

market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity … interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … and the TGC markets. One result is that a certificate system faced with market power may collapse into a system of per …

We formulate a model with black, green and white certificates markets that function in conjunction with an electricity … market. The markets function well in the sense that a common equilibrium solution exist, where all targets are satisfied (e ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …