The capacity of the transmission network determines the extent of integration of a multinational energy market. Cross …-border externalities render coordination of network maintenance and investments across countries valuable. Is it then optimal to collect … powers in the hands of a single regulator? Should a common system operator manage the entire network? I show that optimal …

Carbon leakage is one of the major issues facing policymakers today when designing environmental regulation. While the … that rather than being a byproduct of unsuccessful regulation, carbon leakage may be the optimally induced outcome of … incentive compatible regulation, contrasting with the received wisdom in policy debate. …

We investigate the interactions between optimal regulation and external credit constraints. When part of a regulated …

The capacity of the transmission network determines the extent of integration of a multinational energy market. Cross …-border externalities render coordination of network maintenance and investments across countries valuable. Is it then optimal to collect … powers in the hands of a single regulator? Should a common system operator manage the entire network? I show that optimal …

on existing theories of competition in markets with adverse selection. …

on existing theories of competition in markets with adverse selection. -- Asymmetric information ; competition ; adverse …