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capacity and welfare by fitting it to the data of the German electricity market. -- Investment incentives ; demand uncertainty … ; cost uncertainty ; Cournot competition ; First Best ; Second Best ; capacity obligations ; spot market regulation. …
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die Glaubwürdigkeit der umweltpolitischen Regulierung angezweifelt, sind - so das Fazit - herkömmliche Ergebnisse zur …
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Individuals’ inability to coordinate investment may significantly constrain economic development. In this paper we study a simple investment game characterized by multiple equilibria and ask whether an income-based incentive scheme can uniquely implement the high investment outcome. A general...
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