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analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an … covers three spot market segments, namely the intraday market, the block contract market and the day-ahead market. Data …
Persistent link: https://www.econbiz.de/10005870222
Many critical goods and services in modern-day economies are producedand distributed through complex institutional arrangements. Agent-based computationaleconomics (ACE) modeling tools are capable of handling this degree of complexity.In concrete support of this claim, this study presents an ACE...
Persistent link: https://www.econbiz.de/10009360740
thedownstream market only’ always increases welfare, ‘entry in the upstream marketonly’ increases welfare provided the technology of … marketaccompanied by entry in the downstream market may always increase welfare. Ourresults are important for the competition policy... …
Persistent link: https://www.econbiz.de/10005868900
Der Beitrag untersucht den Markt für Elektrizitäts-Minutenreserve (tertiäre Regelenergie) in Deutschland im Jahr 2008 … Durchschnittserlöse erzielen als die Fringe-Anbieter.Um zu beurteilen, ob (unilateral oder multilateral) Marktmacht ausgeübt wird …
Persistent link: https://www.econbiz.de/10008689287
Market Platform (WPMP) – for common adoption byall U.S. wholesale power markets. Versions of the WPMP have been implemented … market organized in accordance with core WPMP features and operating over a realisticallyrendered transmission grid. The … traders within this market model are strategicprofit-seeking agents whose learning behaviors are based on data from human …
Persistent link: https://www.econbiz.de/10009360852
leverage market power, but there is no theory on the ‚information power‘ of search engines. The concept of ‚search neutrality …
Persistent link: https://www.econbiz.de/10014630790
order to prevent harm to public welfare. From the perspective of sellers and buyers of goods and services in Germany, Google …
Persistent link: https://www.econbiz.de/10014630809
Germany excercise market power was not empirically supported despite high national and regional concentration rates in the … Mineralölunternehmen auf lokalen Märkten Marktmacht ausüben. Die häufig geäußerte Vermutung, daß aufgrund einer relativ hohen Konzentration … auf Bundesebene und einer vielfach noch höheren regionalen bzw. lokalen Konzentration Mineralölfirmen Marktmacht ausüben …
Persistent link: https://www.econbiz.de/10014608813
Purpose – The purpose of this study is to present and compare the productive efficiency of China Mainland and China Hong Kong contractors, and to identify and investigate the components and sources of their efficiency under different economic and institutional environments....
Persistent link: https://www.econbiz.de/10014867434
Vor der Liberalisierung des Stromhandels war die Stromerzeugung und Übertragung in der Hand privatwirtschaftlich organisierter Verbundunternehmen. Die Stromverteilung sowie die Versorgung der Endkunden wurden von den Verbundunternehmen, den rund 50 Regionalversorgern sowie ca. 900 Stadtwerken...
Persistent link: https://www.econbiz.de/10005844615