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The supply function model of the English electricity spot market is extended to include a contract market and …
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Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …
Persistent link: https://www.econbiz.de/10013066116
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …
Persistent link: https://www.econbiz.de/10012460588
This note investigates the possibility of profit raising entry in network industries where firms follow Corporate Social Responsibility (CSR) behaviours, showing the interaction between the network and CSR features. In particular, for high levels of the network effect, an incumbent’s profits...
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loss that arises from more intense market competition: the low-cost firms’ profits may indeed increase with the number of … Ford’s strategy of disclosing its know-how publicly and extensively at the beginning of the 20th century. -- Competition …
Persistent link: https://www.econbiz.de/10003981916