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European business services has witnessed about two decades of virtual productivity stagnation. The paper investigates whether this is caused by weak dynamic market selection. The time pattern of scale-related inefficiencies is used as an indicator for the effectiveness of market selection. We...
Persistent link: https://www.econbiz.de/10011260340
set these prices do not take into account competition conditions of each market. In this paper we establish the effect of … a regulated mark-up price as well as competition on the incentives that gas stations in Mexico have to dispense less … regulated mark-up price reduces the incentives of gas stations to cheat. Similarly, more intense competition among the retailers …
Persistent link: https://www.econbiz.de/10009325563
Article deals with matters of quantitative methods of creating the optimal range for a small manufacturing enterprise. The classical approach to the formation of an optimal production program based on mathematical methods for linear programming is viewed through the prism of consumer...
Persistent link: https://www.econbiz.de/10008587488
a decentralized market model with competition in the electricity sector has a limited increasing effect on power …
Persistent link: https://www.econbiz.de/10009228906
Based on the simple model of the deposit the methodology of finding the optimal solution for bilateral monopoly (BM) of lignite mine and power plant is shown taking into account pit optimisation. It is proposed to treat lignite price negotiation as a kind of game. In the first stage...
Persistent link: https://www.econbiz.de/10005835411
Is vertical integration of mines and power plants profitable and for whom? Based on outcomes from the research of bilateral relation between lignite mines and power plant author describes several benefits from vertical integration including strategic benefits described by Porter and benefits...
Persistent link: https://www.econbiz.de/10005837144
that is commonly called “the electricity market” includes both regulation and capacity markets, and rules and regulations …
Persistent link: https://www.econbiz.de/10005837477
In this paper we derive equilibrium bid functions in isolated domestic electricity markets and then analyse their modifications when cross-border trade among them is managed using the implicit auction method. We show that cross-border trade can induce price convergence across countries and...
Persistent link: https://www.econbiz.de/10005619710
has become as a Perfect Competition regimen or on the other side, he still continues as a regimen in wich a high output …, conclusions are based on Cournot-perfect competition analysis for three different electricity demand scenarios. Finally …
Persistent link: https://www.econbiz.de/10008578279
One of the main expectations from power market reform has been a reduction in price-cost margins and cross-subsidy levels between industrial and residential consumers. This paper focuses on this issue by looking at the impact of the electricity industry reforms on residential and industrial...
Persistent link: https://www.econbiz.de/10008805462