Haucap, Justus - In: Zeitschrift fuer Wirtschaftspolitik 62 (2013) 3, pp. 257-269
-temporary market failure in the German wholesale electricity market which could justify such a Government intervention. Neither the low … resilient signs of any shortage of supply. In contrast, the German wholesale electricity market is still characterized by over … that dominant firms must not offer electricity at a price above the short-run marginal cost. Such a prescription forecloses …