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competition, akin to the competition in wholesale electricity markets. An acute form of market power may arise if a supplier is …
Persistent link: https://www.econbiz.de/10011383176
An important question in the dynamic European wholesale markets for electricity is whether to define the geographical …
Persistent link: https://www.econbiz.de/10011378953
Persistent link: https://www.econbiz.de/10009765836
Renewable electricity plays an increasingly important role in the effort to reduce CO2 emissions in the electricity … sector. One of the major challenges that must be addressed is the fluctuating supply of renewable electricity. We explore the … impact of cross-border electricity transfers on both the security of electricity supply and renewable electricity expansion …
Persistent link: https://www.econbiz.de/10013279908
In many countries, wind turbines are constructed as part of a strategy to reduce dependence on fossil fuels. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby houses. A unique house price dataset covering the period 1985-2011 is used, including...
Persistent link: https://www.econbiz.de/10010405196
the current analysis we investigate the effects of the deregulation during that 1993-1995 period using a recently … show a picture of increased speed. The deregulation of the Dutch retail industry seems therefore to have enlarged market …
Persistent link: https://www.econbiz.de/10011302129
We exploit the introduction of free banking laws in US states during the 1837-1863 period to examine the impact of removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic stability in this period, we are able to isolate the...
Persistent link: https://www.econbiz.de/10010227307
Persistent link: https://www.econbiz.de/10001430041
Persistent link: https://www.econbiz.de/10000968764
An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...
Persistent link: https://www.econbiz.de/10010412466