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Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the...
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We study how access pricing affects network competition when consumers'subscription demand is elastic and networks …
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empirically analyse the effect of ownership unbundling of gas transmission networks as the strongest form of vertical separation on … endogeneity problem and to estimate the long-run effects of regulation. We introduce a set of regulatory indicators as market entry … regulation, ownership structure, vertical separation and market structure and account for structural and economic country …
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