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In January 2007, first evidence of an asymmetric pass-through of CO2 emission allowance prices was reported for the German electricity spot market. This paper explores the theoretical basis for such an asymmetry in the context of a supply function bidding duopoly. It interprets fluctuating...
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wissenschaftlichen Schrifttum fast vollständig. In diesem Rahmen leitet Friedrich Sommer auf Basis von Auktionstheorie …
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