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Effective competition in wholesale electricity markets is the cornerstone of the deregulation of the electricity … generation industry. We examine the degree of competition in the California wholesale electricity market during June …
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processes of Public Private Partnership (PPP), as a new public management policy in the UK and the nation-state of California … 'shared governance' while in California, the state is being 'defiant' by redefining regulation and the deregulated public …
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shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons … learned from the California electricity crisis is a diagnosis of its causes. This requires a clear understanding of the … federal and state regulatory infrastructure that governs the US electricity supply industry. The structure of California …
Persistent link: https://www.econbiz.de/10005126483
Models of auctions or tendering processes are introduced. In every round of bidding the players select their bid from a probability distribution and whenever a bid is unsuccessful, it is discarded and replaced. For simple models, the probability distributions evolve to a stationary power law...
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technique that leads to a reduction in cost. Following the auction in the second stage of the game these firms compete against … technique is a private information to the concerned firm. In the model, the auctioneer is the government. Before the auction …, the government announces whether she will reveal the bids after the auction, which is her choice variable. This paper …
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Zeitraum 1995 bis 1999 empirisch der Einfluss der Marktstruktur auf die allgemeine Innovationsaktivität sowie speziell jene im …
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Wirkungen auf die Marktstruktur. Sie reduzieren nicht einfach die Zahl der Wettbewerber in einem Markt, sondern durch Fusionen …
Persistent link: https://www.econbiz.de/10009370662
deregulation, we find that exogenous increases in geographic diversity reduce BHC valuations. These findings are consistent with …
Persistent link: https://www.econbiz.de/10009654142