Purpose This paper aims to provide an overall review and assessment of the virtues and flaws of decentralized self-regulated markets, discussing in particular the extent to which deceiving attitudes by some market participants might be potentially diluted and contradicted....

vDie Einführung neuer Produkte am Markt ist von zentraler Bedeutung für die Wettbewerbsfähigkeit eines Unternehmens. Dabei sind in den letzten Jahren insbesondere Marketingmaßnahmen in der Phase vor der physischen Markteinführung in den Blickpunkt des Interesses gerückt. Die...

This paper analyses capacity markets and proposes an approach to incorporate the flexibility of residential consumers in these markets considering reliability as a differentiated product. We introduce and assess the potential of non-linear pricing schemes, specifically priority pricing...