Liberalized electricity markets are characterized by fluctuating priceinelastic demand of non-storable electricity, often defined by a substantial market share held by one or few incumbent firms. These characteristics have led to a controversial discussion concerning the need for and the design...

Liberalization of network industries frequently separates the network from the other parts of the industry. This is important in particular for the electricity industry where private …rms invest into generation facilities, while network investments usually are controlled by regulators. We...

Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...

The Fukushima Daiichi nuclear accident in 2011 led to some drastic reactions in Germany, in particular an immediate shut-down of older nuclear power plants. This event is therefore often seen as a turning point, or a major accelerator for the German Energiewende. We investigate the short term...