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Collusive Agreements in Vertically Differentiated Markets

Marini, Marco A. - 2017

proliferating their products. It is shown that a selective pruning within the cartel always occurs. Moreover, by associating a … cooperative (or coalitional) stability of the whole industry cartel is the equidistance of firms' products along the quality …

Persistent link: https://www.econbiz.de/10012954129

Vertical Differentiation and Collusion : Cannibalization or Proliferation?

Gabszewicz, Jean J. - 2016

In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...

Persistent link: https://www.econbiz.de/10012997248

Collusion in Quality-Segmented Markets

Bos, Iwan; Marini, Marco A. - 2021

. Within this setting, we study four types of price- xing agreement: (i) a segment-wide cartel in the premium submarket only …, (ii) a segment-wide cartel in the standard submarket only, (iii) two segment-wide cartels, and (iv) an industry …-wide cartel. We present a complete characterization of the collusive pricing equilibrium and examine the corresponding effect on …

Persistent link: https://www.econbiz.de/10013251142

The way towards an energy policy for Europe

Vinois, Jean-Arnold - In: Vierteljahrshefte zur Wirtschaftsforschung 76 (2007) 1, pp. 17-25

The quest for a European energy policy has been at the heart of the European integration since World War II. Since the aftermaths of the two oil shocks, all attempts to create a Common Energy Policy failed so far. The paper seeks to identify why Europe needs to define a coherent and ambitious...

Persistent link: https://www.econbiz.de/10010487367

Using energy and materials more efficiently : large and profitable potentials, but little attention from energy and climate policy

Jochem, Eberhard - In: Vierteljahrshefte zur Wirtschaftsforschung 76 (2007) 1, pp. 50-64

The paper first outlines the challenges the global energy system is facing. It then summarises the present knowledge of energy efficient solutions in all energy using sectors from primary energy to useful energy and, more importantly, from useful energy to energy services (material efficiency...

Persistent link: https://www.econbiz.de/10010487370

Energy Efficiency Policy with Price-Quality Discrimination

Nauleau, Marie-Laure - 2015

We compare a range of energy efficiency policies in a durable good market subject to both energy-use externalities and price-quality discrimination by a monopolist. We find that the social optimum can be achieved with differentiated subsidies. With ad valorem subsidies, the subsidization of the...

Persistent link: https://www.econbiz.de/10013023954

Combining Climate and Energy Policies : Synergies or Antagonism? Modeling Interactions with Energy Efficiency Instruments

Lecuyer, Oskar - 2015

In addition to the already present Climate and Energy package, the European Union (EU) plans to include a binding target to reduce energy consumption. We analyze the rationales the EU invokes to justify such an overlapping and develop a minimal common framework to study interactions arising from...

Persistent link: https://www.econbiz.de/10013037288

Exploring the Potential for Energy Efficiency in Turkey

Tagliapietra, Simone - 2016

Energy efficiency is one of the key crossroads between energy, climate and economic issues. In fact, it represents one of the most cost effective ways to enhance security of energy supply, to reduce emissions of greenhouse gases and to enhance economic competitiveness at one fell swoop. This...

Persistent link: https://www.econbiz.de/10012997353

All Quiet on the Eastern Front? Disruption Scenarios of Russian Natural Gas Supply to Europe

Richter, Philipp M.; Holz, Franziska - 2014

The Russian-Ukrainian crisis has revitalized the European concerns of supply disruptions of natural gas as experienced in 2006 and 2009. However, the European supply situation, regulation and infrastructure have changed since: imports are more diversified, EU member states better connected and a...

Persistent link: https://www.econbiz.de/10014037138

The Connectedness of Energy Transition Metals

Bastianin, Andrea; Casoli, Chiara; Galeotti, Marzio - 2023

We assess the degree of connectedness among 16 metals that are critical for the production of clean energy technologies. These commodities are the constituents of the Energy Transition Metals (ETMs) price index maintained by the International Monetary Fund and comprise base, precious, and minor...

Persistent link: https://www.econbiz.de/10014347032