Showing 1 - 10 of 10,611
Persistent link: https://www.econbiz.de/10012517127
Persistent link: https://www.econbiz.de/10011455431
This paper is an empirical investigation of how traders react to public news in a market where there are lots of non-scheduled announcements, often arriving simultaneously. Using detailed trade information from the Nordic intra-day electricity market and GARCH models, this paper examines market...
Persistent link: https://www.econbiz.de/10010500767
We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity markets. It is shown that competition improves for increased market transparency and we identify circumstances where the auctioneer prefers uniform to discriminatory pricing....
Persistent link: https://www.econbiz.de/10011410462
Persistent link: https://www.econbiz.de/10013283793
Persistent link: https://www.econbiz.de/10001243655
Persistent link: https://www.econbiz.de/10001399783
Persistent link: https://www.econbiz.de/10003624605
We study the regulation of a monopolistic firm that provides a non-marketed output based on multiple substitutable inputs. The regulator is able to observe the effectiveness of the provision, but faces information asymmetries with respect to the efficiency of the firm’s activities. Motivated...
Persistent link: https://www.econbiz.de/10011442703
Persistent link: https://www.econbiz.de/10010411261