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This paper presents a sequential solution method to discover efficient trades in an electricity market model. The market model represents deregulated electricity market consisting of four types of participants: independent power producers, retailers, public utilities, and consumers. Our model is...
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We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10010320387
On a very abstract level, an information system consists of a set of system elements which communicate with each other. Communication is an unproductive operation, so the time needed to communicate data should be kept as short as possible and, to put it in monetary terms, the opportunity costs...
Persistent link: https://www.econbiz.de/10011558768
The ability to accurately estimate the extent to which the failure of a bank disrupts the financial system is very valuable for regulators of the financial system. One important part of the financial system is the interbank payment system. This paper develops a robust measure, SinkRank, that...
Persistent link: https://www.econbiz.de/10010317198
Component commonality - the use of the same version of a component across multiple products - is being increasingly considered as a promising way to offer high external variety while retaining low internal variety in operations. However, increasing commonality has both positive and negative cost...
Persistent link: https://www.econbiz.de/10010421338
ambitioniertesten Reformprozeß unterworfen wurde. Deregulierung und Privatisierung sind die wesentlichen Bausteine, von denen dauerhaft … higher productivity and increasing macroeconomic growth rates, important deregulation and privatization measures were …
Persistent link: https://www.econbiz.de/10010291678
The article refers to the interplay between deregulation resp. liberalization of the telecommunications sector and the … of TC-firms played an essential part in realizing the process of deregulation – besides technological developments and …Der Beitrag behandelt das Wechselspiel zwischen der Deregulierung bzw. Liberalisierung des Telekommunikationssektors …
Persistent link: https://www.econbiz.de/10010295590
shopping hours than the retail chain and may gain from deregulation at the expense of the retail chain. The opposite result … from deregulation. …
Persistent link: https://www.econbiz.de/10010302574