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detecting periodic correlation. We illustrate it using a data set of spot electricity prices from the Nord Pool Power Exchange …
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The paper studies a generic bilateral trade model with relationship-specific investments. Only the seller invests, and subsequent trade becomes inefficient if his investments are too low. We show that the seller may defect strategically under a fixed-price contract even though he attains any...
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of exploiting the energy of different type. When uninterruptedly a demand for the energy is growing, and abilities of … increasing the supply for her are limited, we can deal with the occurrence of an energy crisis. The article is moving the subject … matter of an global energy crisis. A definition of an energy crisis, his genesis and effects were included in it for world …
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