the target of a pan-European internal electricity market we investigate the impacts of uncoordinated capacity markets … and a European electricity market model (E2M2s) is applied for evaluation. The model simultaneously optimizes investments … and dispatch of power plants. Besides the impact on generation investments, market prices and system costs we analyse …

A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … role in the transmission from competition to soundness. We use a twopronged approach. First, we employ Granger causality … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …