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Persistent link: https://www.econbiz.de/10010604844
This is a preliminary draft of an Invited Symposium paper for the World Congress of the Econometric Society to be held in Seattle in August 2000. We discuss the strong connections between auction theory and 'standard' economic theory, and argue that auction-theoretic tools and intuitions can...
Persistent link: https://www.econbiz.de/10005792157
This paper is about the Spanish Electricity Market after liberalisation. The analysis focuses on finding if the market …, conclusions are based on Cournot-perfect competition analysis for three different electricity demand scenarios. Finally … Electricity Companies with high market power. …
Persistent link: https://www.econbiz.de/10008578279
In this paper, we construct a political-economy model of international noncooperative environmental policymaking, and examine the strategic incentives for voters to elect an environmental policymaker in open economies. We show that under several circumstances, citizens have an incentive to...
Persistent link: https://www.econbiz.de/10005835406
decentralised energy-only New Electricity Trading Arrangements (NETA) market framework, we compare the two designs in terms of …
Persistent link: https://www.econbiz.de/10005783839
Following new legislation the Swedish electricity market is about to be deregulated. The new system is designed to … ensure competition in production and supply. The Swedish electricity market is characterised by a high degree of … firms on the supply side of the Swedish electricity market, deregulation is not a sufficient condition for equilibrium …
Persistent link: https://www.econbiz.de/10005190888
The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale …
Persistent link: https://www.econbiz.de/10005647499
Numerical models for electricity markets are frequently used to inform and support decisions. How robust are the …
Persistent link: https://www.econbiz.de/10005650509
Britain was the exemplar of electricity market reform, demonstrating the importance of ownership unbundling and … subsequent mergers. Competition arrived just as the Pool was replaced by New Electricity Trading Arrangements (NETA) intended to …
Persistent link: https://www.econbiz.de/10005650540
Korean electricity market. This study employs the mixed complementarity problem, which is able to incorporate operation …, investment, and emission trade decisions in the deregulated electricity market in order to provide more realistic results. In … the impacts of different allocation rules on emissions, capacity mix, emission allowance prices, electricity prices, and …
Persistent link: https://www.econbiz.de/10011100116