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This paper introduces strategic behavior of the electricity network operator in a congested network with imperfect competition for generation. It models a two stage Stackelberg game. First, the network operator sets transmission prices, then generators set output and sales. Several scenarios for...
Persistent link: https://www.econbiz.de/10005503927
Abstract: This paper derives the socially optimal transmission prices in a congested electricity network when there is imperfect competition in generation, and when the budget constraint of the network operator is binding. The results which we derive are a generalization of the standard Ramsey...
Persistent link: https://www.econbiz.de/10005503934
We address the presence of supplier-induced demand in the Belgian primary care market, which is characterized by a .fixed fee system and a high density of General Practitioners (GP). Using a unique dataset on the number of visits of all Belgian GPs, we first investigate whether we can find...
Persistent link: https://www.econbiz.de/10005698115