Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10003513704
This paper provides a quantitative analysis of power relations and strategic investment in the transport system for Russian gas. First, we analyse how the architecture of the transport system determines Russia’s bargaining power vis-à-vis (potential) transit countries. By applying the Shapley...
Persistent link: https://www.econbiz.de/10011497648
We develop a dynamic model of strategic investment in a transnational pipeline system. In the absence of international contract enforcement, countries may distort investment in order to increase their bargaining power, resulting in overinvestment in expensive and underinvestment in cheap...
Persistent link: https://www.econbiz.de/10010271079
This paper provides a quantitative analysis of power relations and strategic investment in the transport system for Russian gas. First, we analyse how the architecture of the transport system determines Russia's bargaining power vis-à-vis (potential) transit countries. By applying the Shapley...
Persistent link: https://www.econbiz.de/10010273372
We develop a dynamic model of strategic investment in a transnational pipeline system. In the absence of international contract enforcement, countries may distort investment in order to increase their bargaining power, resulting in overinvestment in expensive and underinvestment in cheap...
Persistent link: https://www.econbiz.de/10003793068