The purpose of the paper is (1) to analyze the incentives for a vertically integrated input monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost-based regulation of access charges for electricity grids promotes competition...

The purpose of the paper is to derive the welfare implications of a regulation of access charges for electricity grids taking the costs of transmission as a benchmark. It shows that a cost-based regulation is second-best optimal only if the incumbent is much more efficient in the downstream...

The purpose of the paper is (1) to analyze the incentives for a vertically integrated input monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost-based regulation of access charges for electricity grids enhances competition...

The purpose of the paper is (1) to analyze the potential and the incentives for a vertically integrated input monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost-based regulation of access charges for electricity grids...

Das Paper untersucht zwei Fragen: (1) Wann hat ein Stromnetzbetreiber, der zugleich im nachgelagerten Strommarkt tätig ist (vertikal integrierter Netzbetreiber), einen Anreiz, durch diskriminierende Festsetzung von Netznutzungsentgelten die Konkurrenz im Strommarkt zu behindern? (2) Kann eine...