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This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the …
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We analyze the consequences of bonus taxes, limited deductibility of bonuses from company pro ts and a corporate income tax (CIT) in a principal-agent model and explore how these tax instruments affect managerial incentives and how they change the design of incentive contracts used in...
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. -- Electricity market modeling ; pumped hydro storage ; strategic storage ; oligopoly ; market power ; Germany ; ElStorM …
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