Narrow search
Showing 1 - 10 of 23,865
Cover Image
On the Allocative Efficiency of Ownership Unbundling
Bolle, Friedel; Breitmoser, Yves - 2006
(ownership unbundling), (ii) one of the network users is partially integrated with the operator and the others are disintegrated … (legal unbundling). We seek to understand when ownership unbundling leads to lower customer prices, and formalize necessary … conditions. In general, legal unbundling implies a less effective regulation, but it reduces the degree of market distortion …
Persistent link: https://www.econbiz.de/10010297255
Cover Image
Creating a National Champion : International Competition and Unbundling in Rail Transportation
Juranek, Steffen - 2019
This article investigates the incentives to unbundle operations and infrastructure in the railway industry in a two-country model from the viewpoint of national governments. The analysis shows that the decision to unbundle institutionally or organizationally with separated accounts depends...
Persistent link: https://www.econbiz.de/10012905828
Cover Image
Distributed generation in unbundled electricity markets
Wagner, Johannes - 2018
Electricity systems are increasingly characterized by distributed generation technologies, e.g. rooftop photovoltaic systems, which are used by end consumers to directly produce electricity. Additionally, empirical evidence suggests that electricity retailers exercise market power in many...
Persistent link: https://www.econbiz.de/10011860186
Cover Image
Vertical Integration and Shared Facilities in Unregulated Industries
Balmaceda, Felipe; Saavedra, Eduardo - 2004
In this paper we consider a market situation in which initially there is an unintegrated monopoly upstream that owns an essential facility and two dowstream firms. Then the market is liberalized allowing upstream entry and vertical integration. The equilibrium entry mode - sharing the incumbent...
Persistent link: https://www.econbiz.de/10014069980
Cover Image
Vertical Integration and Shared Facilities in Unregulated Industries
Saavedra, Eduardo; Balmaceda, Felipe - ILADES, Facultad de Economía y Negocios - 2004
I this paper we consider a market situation in which initially there is an unintegrated monopoly upstream entry and vertical integration. The equilibrium entry mode -sharing the incumbent facility or building a new facility- is derived as well as the equilibrium market structure. Several policy...
Persistent link: https://www.econbiz.de/10005698300
Cover Image
Vertical Integration and Shared Facilities in Unregulated Industries
Georgetown University, Department of Economics - 2004
In this paper we consider a market situation in which initially there is an unintegrated monopoly upstream that owns an essential facility and two downstream firms. Then the market is liberalized allowing upstream entry and vertical integration. The equilibrium entry mode--sharing the incumbent...
Persistent link: https://www.econbiz.de/10005622955
Cover Image
Pass-Through Pricing on Production Chains
Miceli, Maria-Augusta; Nardone, Claudia - 2016
We here want to analyze how the imperfect competition mark-up and pass-through are transmitted through the production chain and how they change, as a function of the number of firms existing at each production stage. In order to have an analytical closed form solution, we use the standard linear...
Persistent link: https://www.econbiz.de/10014034784
Cover Image
Optimal congestion treatment for bilateral electricity trading
Neuhoff, K. - Faculty of Economics, University of Cambridge - 2002
How to treat transmission constraints in electricity markets that are not based on a pool but on bilateral trading? Three approaches are currently discussed: First, the system operator resolves constraints and socialises costs; second, physical transmission contracts; third, locational charging...
Persistent link: https://www.econbiz.de/10005783733
Cover Image
Reconciling Cournot and Bertrand Outcomes: A Review
Kirui, Benard Kipyegon - 2013
This paper reconciles the Cournot and Bertrand Models of oligopolistic competition, highlighting its weaknesses and giving an opinion thereafter. The pertinent question in this paper is why Cournot (1838) ignored the price and Bertrand (1883) ignored the quantity? From the review, the main...
Persistent link: https://www.econbiz.de/10010368126
Cover Image
A note to investigate the welfare : when the upstream firm enters the downstream market
Fu, Chung Yuan; Chou, Li-chen; Lin, Shiue-hung - In: Modern economy 4 (2013) 11, pp. 790-793
Persistent link: https://www.econbiz.de/10010257993