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impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups … dominates despite modest efficiency gains, leading to higher consumer prices. Deregulation does not necessarily reduce prices …
Persistent link: https://www.econbiz.de/10012514582
Nodal pricing has emerged from a theoretical approach to a practicable and efficient tool for network and congestion … mangement. Experiences from North America and New Zealand have proven nodal pricing to be workable without serious technical … problems. Continental European electricity grids like the German one are still based on a uniform pricing mechanism. This study …
Persistent link: https://www.econbiz.de/10012724225
different regulatory settings, consisting of alternative spot market pricing schemes and network tariff designs in a dynamic … context. While a setting with zonal pricing and fixed network tariffs achieves the highest welfare, a deviation of either the … pricing scheme or the network tariff design leads to inefficiencies. However, we show that two inefficiently designed price …
Persistent link: https://www.econbiz.de/10012423469
markets and retailers' pricing decisions. We analyze this question in the context of Alberta's competitive retail electricity … facilitating the development of a competitive retail market. However, our econometric analysis of the pricing of unregulated …
Persistent link: https://www.econbiz.de/10012948937
Real-time pricing (RTP) of electricity would improve the efficiency of consumption and investment and would lessen the …
Persistent link: https://www.econbiz.de/10014027880
pricing' of credit cards that emerge when cardholders face few fees but instead receive discounts, rewards and other … markets over such pricing do not translate over to two-sided networks, of which card networks are a quintessential example …
Persistent link: https://www.econbiz.de/10012052345
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011553026
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10012979689
This paper examines the relative importance of horizontal market structure, auction design, and vertical arrangements in explaining electricity prices. We define vertical arrangements as either vertical integration or long term contracts whereby retail prices are determined prior to wholesale...
Persistent link: https://www.econbiz.de/10014027930
Undertakings may restrict competition by cooperating with their competitors or by interfering with their ability to compete. In both cases, their ultimate goal is to raise the price they charge for their products or services. Therefore, the main concern about both collusive and exclusionary...
Persistent link: https://www.econbiz.de/10012903990