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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
In April 2003 the U.S. Federal Energy Regulatory Commission proposed a complicated marketdesign – the Wholesale Power Market Platform (WPMP) – for common adoption byall U.S. wholesale power markets. Versions of the WPMP have been implemented in NewEngland, New York, the mid-Atlantic states,...
Persistent link: https://www.econbiz.de/10009360852
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
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 … Germany excercise market power was not empirically supported despite high national and regional concentration rates in the …
Persistent link: https://www.econbiz.de/10014608813
Abstract We discuss competition policy issues of vertical integration in internetbased two-sided markets against the background of the Google antitrust allegations. Network effects and economics of scale often lead to dominating companies, which are integrated over several markets. This implies...
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
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
Micro-grids are the key technologies known to solve challenges such as increased electric demand, fatigue electric installations, electrical leakage and pressures and opposition from environmental advocacy groups. The current article is presenting an improved optimization algorithm based on a...
Persistent link: https://www.econbiz.de/10012044584
The process of privatization of the electricity market involves the serious needs of the industry in order to increase … essential. In this study, a system dynamic approach is presented to study the pricing strategies in electricity market and also … to analyze the rate of load consumption in Iranian electricity market. The proposed model enables the decision-maker to …
Persistent link: https://www.econbiz.de/10012047448
Summary After the deregulation of the German electricity markets, network access charges are based on contractual … arrangements between energy producers and industrial consumers. As the electricity networks are incontestable natural monopolies …
Persistent link: https://www.econbiz.de/10014608994