Among all the momentous events in the world in 2002, one more parochial happening which is, nonetheless, of considerable significance for energy economists is the revival of energy policy in Britain. This year has seen a flurry of activity on the energy front. In February the Performance and...

In the hold-up problem incomplete contracts cause the proceeds of relation-specific investments to be allocated by ex-post bargaining. The present paper investigates the efficiency of incomplete contracts if individuals have heterogeneous preferences implying heterogeneous bargaining behavior...

By using estimates from an Almost Ideal Demand System (AIDS), we investigate how the German energy tax on car fuels changes the private households-CO2 emissions, living standards, and post-tax income distribution. Our results show that the tax implies a trade-off between the aim to reduce...

In Germany state regulation of energy networks was introduced by the amendment of the Energy Utility Act in 2005. This regulation shall enable a non-discriminatory third party access to the transmission and distribution systems and starts with a cost oriented approach of tariff regulation....

The European Union has introduced directives that aim to liberalize and integrate electricity and gas markets in Western Europe. While progress has been made, particularly in electricity markets, there have been setbacks: for example, because of concerns about national interests and security of...

This paper examines the influence of the federal political environment on the number of leases that were issued for oil and natural gas development on Bureau of Management (BLM) lands in the western United States between 1983 and 2008. Using a fixed effects model for a 17-state sample of the...

Electricity distribution network is a prime example of a natural local monopoly. In many countries, electricity distribution is regulated by the government. Many regulators apply frontier estimation techniques such as data envelopment analysis (DEA) or stochastic frontier analysis (SFA) as an...

The European Union has introduced directives that aim to liberalize and integrate electricity and gas markets in Western Europe. While progress has been made, there have also been setbacks, partly because of concerns about national interests and security of supply. This may call for an EU...