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Use of Long-term Auctions for Network Investment
McDaniel, Tanga; Neuhoff, Karsten - 2003
Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the...
Persistent link: https://www.econbiz.de/10011325061
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Ownership Unbundling of Gas Transmission Networks - Empirical Evidence
Growitsch, Christian; Stronzik, Marcus - 2011
empirically analyse the effect of ownership unbundling of gas transmission networks as the strongest form of vertical separation on … endogeneity problem and to estimate the long-run effects of regulation. We introduce a set of regulatory indicators as market entry … regulation, ownership structure, vertical separation and market structure and account for structural and economic country …
Persistent link: https://www.econbiz.de/10010312732
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Pseudo-NK: An enhanced model of complexity
Valente, Marco - 2008
the complexity stemming from interactions among components of a system. For this reason NK models have been applied in …
Persistent link: https://www.econbiz.de/10010328591
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What is the Added Value of Preschool? Long-Term Impacts and Interactions with a Health Intervention
Rossin-Slater, Maya; Wüst, Miriam - 2016
We study the impact of targeted high quality preschool over the life cycle and across generations, and examine its interaction with a health intervention during infancy. Using administrative data from Denmark together with variation in the timing of program implementation between 1933 and 1960,...
Persistent link: https://www.econbiz.de/10011559682
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The Coase mechanism and the iteration argument
Schlicht, Ekkehart - 2017
The "iteration argument" presented in Schlicht (1996) shows that the allocation of property rights may generate inefficiencies, contrary to what the "Coase Theorem", as commonly understood, asserts. The argument may be summarized by saying that markets (and bargaining) cease to function properly...
Persistent link: https://www.econbiz.de/10011626628
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Fiscal-Monetary-Financial Stability Interactions in a Data-Rich Environment
Hodula, Martin; Pfeifer, Lukáš - In: Review of Economic Perspectives 18 (2018) 3, pp. 195-224
interactions in a data-rich environment. Our findings can be summarized in three main points: First, loose economic policies …
Persistent link: https://www.econbiz.de/10011985461
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Imports, Exports and Foreign Direct Investment Interactions and Their Effects
Chaisrisawatsuk, Santi; Chaisrisawatsuk, Wisit - 2007
This study explores how international trade and investment flows affect each other, using data from OECD and 6 ASEAN countries , and examines whether trade and investment linkages are different between developed and developing economies, or between countries that participate actively in...
Persistent link: https://www.econbiz.de/10011833967
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ICT in auditing: Impact of audit quality norms on interpersonal interactions
Kacanski, Slobodan - In: European Financial and Accounting Journal 11 (2016) 4, pp. 39-64
conditions under which the necessity for establishing interactions and relations between auditors of different ranks become …
Persistent link: https://www.econbiz.de/10011937464
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Interactions in Swiss Households' Energy Demand: A Holistic Approach
Tilov, Ivan; Volland, Benjamin; Farsi, Mehdi - 2017
This article explores the interactions between direct and embodied energy requirements of households in Switzerland in …
Persistent link: https://www.econbiz.de/10011957746
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Complexity in the oil and gas industry: A study into exploration and exploitation in integrated operations
Bento, Fabio - In: Journal of Open Innovation: Technology, Market, and … 4 (2018) 11, pp. 1-17
A common organizational response to the recognition of complexity is the consolidation of collaborative work forms. In the oil and gas industry, developments in communication and automation technologies have enabled the implementation of collaborative environments called integrated operations...
Persistent link: https://www.econbiz.de/10012617203