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This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices before they buy electricity in the wholesale...
Persistent link: https://www.econbiz.de/10012142389
-shaped network, the firm located in the star node does not always enjoy higher monopoly power than the peripheral firms. …
Persistent link: https://www.econbiz.de/10011548095
shown that the importing countries cannot use a tariff to capture monopoly rents if they are constrained to use open …
Persistent link: https://www.econbiz.de/10011606959
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … calculated solving a two-stage policy game between the regulator and the monopoly with the regulator acting as the leader of the … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output …
Persistent link: https://www.econbiz.de/10012028355
demand is uncer- tain. We study the following market configurations: (i) integrated monopoly, (ii) integrated duopoly with …
Persistent link: https://www.econbiz.de/10012142329
We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...
Persistent link: https://www.econbiz.de/10012142375
industry. Allowing for uncertain demand, we compare three market configurations: (i) integrated monopoly, (ii) integrated …
Persistent link: https://www.econbiz.de/10012142377
networks ; Random graphs ; Monopoly ; Pricing strategy ; Product design ; Marketing ; Advertisement …
Persistent link: https://www.econbiz.de/10008737098
The phenomenal rise of the platform economy has reshaped how economies operate across the world. The importance of digital platforms has never been more evident than in combatting the ongoing corona virus (Covid-19) pandemic. Even with the threat of a global recession looming large, technology...
Persistent link: https://www.econbiz.de/10012694914
Persistent link: https://www.econbiz.de/10011981039