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Persistent link: https://www.econbiz.de/10012497307
We study the dynamic optimization of platform pricing in industries with positive direct net-work externalities. The utility of the network for the consumer is modelled as a function of three components. Platform price and network size (participation rate) affect the consumer's decision to join...
Persistent link: https://www.econbiz.de/10012840152
This article analyses the impact of the interplay between the demand response, wind penetration and hydropower in the Nordic power market. We develop a long-term equilibrium model in which the thermal power capacity adjusts to the zero-profit level over varying real-time pricing adoption rates...
Persistent link: https://www.econbiz.de/10012901907