Showing 1 - 10 of 640
Disziplinierung von Marktmacht. Neben den allgemeinen Implementierungsm?ngeln bei der Anwendung dieser Modelle in der Praxis bergen …
Persistent link: https://www.econbiz.de/10009481011
. If they are not able todo this, the mechanism keeps the market price of electricity too low during times ofhigh demand to …
Persistent link: https://www.econbiz.de/10009466232
Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests … are inherently suspect in markets-such as electricity-that are subject to capacity constraints. In such markets, prices … wholesale electricity sector may be susceptible to market power. But a preferable (if not unproblematic) test for market power …
Persistent link: https://www.econbiz.de/10009446673
This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity … static, non-cooperative oligopoly models, which are widely used to model electricity markets, by testing the static Nash …
Persistent link: https://www.econbiz.de/10009441995
This paper analyses the economics of long-term gas contracts under changing institutional conditions, mainly gas sector liberalisation. The paper is motivated by the increasingly tense debate in continental Europe, UK and the US on the security of long-term gas supply. We discuss the main issues...
Persistent link: https://www.econbiz.de/10009442002
In the recent past, the concentration of seed maize processing and marketing in Kenya has raised serious public concerns. The inability of this industry to ensure affordable prices of certified seed maize for the farming community has led policy makers to question its market behaviour. In spite...
Persistent link: https://www.econbiz.de/10009442480
This paper reviews the basic antitrust standards for the supermarket industry including definition of product and …
Persistent link: https://www.econbiz.de/10009442572
The ready-to-eat cereal industry is characterized by high concentration, high price-cost margins, large advertising to sales ratios, and numerous introductions of new products. Previous researchers have concluded that the ready-to-eat cereal industry is a classic example of an industry with...
Persistent link: https://www.econbiz.de/10009442578
This study uses an agent-based computational labor market framework to undertake a systematic experimental investigation of the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of total potential job openings to total potential work...
Persistent link: https://www.econbiz.de/10009443124
This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market … operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is …
Persistent link: https://www.econbiz.de/10009443125