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Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at power...
Persistent link: https://www.econbiz.de/10013521093
Innovation is key to achieving a sustainable electricity system. New technologies and organizational changes can bring about more sustainable, climate-friendly electricity structures. This book sets out to explore the dynamics, the drivers and the setting of innovation processes. It is also...
Persistent link: https://www.econbiz.de/10014014631
The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oligopoly came under … the spell of game theory in its probabilistic equilibrium format. Work by Cournot, von Stackelberg, Palander, and … that the whole idea of rational expectations is untenable in dynamic oligopoly. Early original ideas in oligopoly theory …
Persistent link: https://www.econbiz.de/10013522887
tools necessary to answer these and other related questions in the context of the so-called environmental finance theory …
Persistent link: https://www.econbiz.de/10012397166
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Emissions trading challenges the management of companies in an entirely new manner: Not only does it, like other market-based environmental policy instruments, allow for a bigger flexibility in management decisions concerning emission issues. More importantly, it shifts the mode of governance of...
Persistent link: https://www.econbiz.de/10014015438
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questions in the context of so-called environmental finance theory, a new field of research that investigates the economic …
Persistent link: https://www.econbiz.de/10013522996
in die auktionsbasierte nationale Reallokation von Treibhausgas-Emissionsrechten und Treibhausgas-Emissionsgutschriften auf Unternehmensebene -- Hintergrund der Treibhausgas-Emissionsrechte und Treibhausgas-Emissionsgutschriften -- Realproblem der Reallokation von Treibhausgas-Emissionsrechten...
Persistent link: https://www.econbiz.de/10013505185
Emissions trading (ET) challenges business managers in an entirely new manner, changing the criteria by which environmental policy steers management decisions from hierarchical to monetary. The 24 contributions to this volume discuss ET theoretically and empirically in these broad topic areas:...
Persistent link: https://www.econbiz.de/10013520608