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Market Power in Interactive Environmental and Energy Markets: The case of Green Certificates
Amundsen, Eirik S.; Nese, Gjermund - Volkswirtschaftliche Fakultät, … - 2004
electricity market as the producers of green electricity are also suppliers of Green Certificates. In this paper, we formulate an … analytic equilibrium model for simultaneously functioning electricity and Green Certificates markets, and focus on the role of … market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …
Persistent link: https://www.econbiz.de/10005790417
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Regulatory Approaches to NGNs: An International Comparison
Marcus, J. Scott; Elixmann, Dieter - Volkswirtschaftliche Fakultät, … - 2008
The emergence of Next Generation Networks (NGNs) raises profound challenges for regulators everywhere. Different regulatory authorities have approached these problems in strikingly different ways, depending in part on the overall regulatory milieu in which they operate, and in part on the nature...
Persistent link: https://www.econbiz.de/10005621924
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Bank competition and financial (in)stability in Europe: A sensitivity analysis
Samantas, Ioannis - Volkswirtschaftliche Fakultät, … - 2013
This study examines the effect of market structure variables on stability subject to regulation and supervision …
Persistent link: https://www.econbiz.de/10011107321
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The Cyprus crisis in the mirror: the ‘small deposit tax’ as historical faux-pas
Fischer, Justina A.V. - Volkswirtschaftliche Fakultät, … - 2013
Taxing small deposits used to be a taboo in European politics – but why? This contribution re-assesses the protection of small deposits from an angle that has not received much attention in the current debate: the politico-philosophical, ordo-liberal, and social-political perspectives, arguing...
Persistent link: https://www.econbiz.de/10011261060
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Marktstruktur und Preisbildung auf dem ukrainischen Markt für Rohmilch
Perekhozhuk, Oleksandr - Volkswirtschaftliche Fakultät, … - 2007
been limited to developed market economies such as the USA, Canada and others. On the other hand, due to the transition …
Persistent link: https://www.econbiz.de/10008633342
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The joint estimation of bank-level market power and efficiency
Delis, Manthos D; Tsionas, Efthymios - Volkswirtschaftliche Fakultät, … - 2009
The aim of this study is to provide a methodology for the joint estimation of efficiency and market power of individual banks. The proposed method utilizes the separate implications of the new empirical industrial organization and the stochastic frontier literatures and suggests identification...
Persistent link: https://www.econbiz.de/10005835502
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Competitive conditions in the Central and Eastern European banking systems
Delis, Manthos D - Volkswirtschaftliche Fakultät, … - 2008
The aim of this study is to conduct a large-scale empirical analysis of the competitive conditions in the banking systems of Central and Eastern European countries. The well-known model of Panzar and Rosse (1987) is implemented on bank-level data over the period 1999-2006. The estimates based on...
Persistent link: https://www.econbiz.de/10005836278
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The cost of market power in banking: social welfare loss vs. inefficiency cost
Maudos, Joaquin; Fernandez de Guevara, Juan - Volkswirtschaftliche Fakultät, … - 2006
This paper analyses the relationship between market power in the loan and deposit markets and efficiency in the EU15 countries over 1993-2002. Results show the existence of a positive relationship between market power and cost X-efficiency, allowing rejection of the so-called quiet life...
Persistent link: https://www.econbiz.de/10005000001
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Market Power and Efficiency in a Search Model
Galenianos, Manolis; Kircher, Philipp; Virag, Gabor - Volkswirtschaftliche Fakultät, … - 2009
We build a theoretical model to study the welfare effects and resulting policy implications of firms’ market power in a frictional labor market. Our environment has two main characteristics: wages play a role in allocating labor across firms and there is a finite number of agents. We find that...
Persistent link: https://www.econbiz.de/10005059078
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Influence of integration of Czech Republic into EU on form and protection of economic competition
Pellešová, Pavlína - Volkswirtschaftliche Fakultät, … - 2008
The article is focused on area of economic competition. The basic pre-requisite of economic competition is assuring of freedom of entrepreneurship, freedom of partners choice, possibility to enter in and secede from branches, functional value system which ensures transparency of market and...
Persistent link: https://www.econbiz.de/10005052197