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land, contracting between the producer and the user of the geothermal heat, and insurance against faulty performance are …
Persistent link: https://www.econbiz.de/10009436921
continue the examination of RFPs, but also survey the details of long term contracts that have emerged from competitive bidding …. Contracts provide a new level of specific detail that has not been previously available. 68 refs., 13 figs., 25 tabs. …
Persistent link: https://www.econbiz.de/10009435622
bidding. Competition in awarding cleanup contracts can make use of market incentives to lower project costs and reduce … completion of projects from a cost-plus Management and Operations (M and O) contract, to incentive-based contracts with the … private sector. DOE`s new vision is to arrange cleanup work around incentives-based contracts, which are won via competitive …
Persistent link: https://www.econbiz.de/10009435824
, which is the principal agent problem. Regulatory allowance of utilities signing long term fixed price contracts and … replaced by a competitive market process for the construction of new power plants, utility conservation programs and contracts … established to sell gas and energy services, contracts and conservation measures would not require cost-of- service regulation. …
Persistent link: https://www.econbiz.de/10009436184
and form of utility deintegration, wholesale competition, and retail wheeling. A key obstacle to restructuring the … electricity industry is stranded commitments. Past investments, power-purchase contracts, and public-policy-driven programs that … sales that is at risk with respect to competition, (2) the market price of electric generation, and (3) the number of years …
Persistent link: https://www.econbiz.de/10009436491
`s program (Goldman et al 1992). We reviewed relevant Commission decisions, utility filings and signed contracts, interviewed …
Persistent link: https://www.econbiz.de/10009436513
performance. Among the themes explored in this Special Issue, which draws on the UK ESRC's Contracts and Competition Programme … this article is not available in ORA at this time. Citation: Deakin, S. & Michie, J. (1997). 'Contracts and competition: an …Changes in public policy and corporate strategy have enhanced the role of contracts as mechanisms of economic …
Persistent link: https://www.econbiz.de/10009441432
Along with the creation of the European single insurance market in1994 the German insurance market was liberalized … losscharacteristics of its customers. These effects explain whyinformational constraints and market power are immanent oninsurance markets.Insurance … appropriate insurance premium will induce an efficientuse of prevention by the customers. Information constraints mayinhibit the …
Persistent link: https://www.econbiz.de/10009433728
In this essay, I will identify one theoretical source of the common antipathy towards form contracts and why it is … misguided. I contend that the hostility towards form contracts stems in important part from an implicit adoption of a promise … contracts can be seen as entirely legitimate-though some form terms may properly be subject to judicial scrutiny that would be …
Persistent link: https://www.econbiz.de/10009466420
the appropriateness of longer term insurance contracts to protect insurers against catastrophic losses and changes in risk … that parimutuel insurance intrinsically leads to participants being underinsured due to basis risk. Although participants … will be underinsured, parimutuel insurance guarantees no underlying risk borne by the issuer. We also derive the equivalent …
Persistent link: https://www.econbiz.de/10009439051