Trading Scheme (ETS)), increased penetration of Real-Time Pricing into electricity markets and an increased price …

In March 2003 the Norwegian government implemented yardstick based price regulation schemes on a selection of drugs … experiencing generic competition. The retail price cap, termed “index price”, on a drug (chemical substance) was set equal to the … barriers of entry for generic drugs and to trigger price competition. Using monthly data over the period 1998-2004 for the 6 …

natural policy experiment in Norway, to what extent the price responsiveness of prescription choices is affected when the … structural model for the three drugs, covering demand and price setting, is estimated in a joint maximum likelihood approach. We …

RTP diminishes the need for total capacity even with inelastic demand. Also the price of the peak demand hour clearly … diminishes as the share of the RTP customers increases or demand becomes more price elastic. We find that welfare effects of the …