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Auctions to gas transmission access: The British experience

McDaniel, Tanga; Neuhoff, K. - Faculty of Economics, University of Cambridge - 2002

conclude that where there is competition at entry terminals auctions have been successful with respect to anticipating spot … prices, capturing producer rents and reducing the costs of alleviating network constraints. Moreover, auctions are more …

Persistent link: https://www.econbiz.de/10005783790

Optimal bid disclosure in license auctions with downstream interaction

Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2014

The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …

Persistent link: https://www.econbiz.de/10010378352

License auctions with exit (and entry) options : alternative remedies for the exposure problem

Hu, Luke; Wolfstetter, Elmar - 2012

Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the …

Persistent link: https://www.econbiz.de/10009685869

Auctions with imperfect commitment when the reserve may signal the auctioneer's type

Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2013

If bidders are uncertain whether the auctioneer sticks to the announced reserve, some bidders respond by not bidding, speculating that the auctioneer may revoke the reserve. However, the reserve inadvertently signals the auctioneer's type, which drives a unique separating and a multitude of...

Persistent link: https://www.econbiz.de/10009781360

Can Liberalization Affect the Price of Gas Imports? A Theoretical Analysis of the EU Case

Cavaliere, Alberto; De Michelis, Stefano - 2012

Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in …

Persistent link: https://www.econbiz.de/10010335308

Can Liberalization Affect the Price of Gas Imports? A Theoretical Analysis of the EU Case

Cavaliere, Alberto; De Michelis, Stefano - 2012

Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in …

Persistent link: https://www.econbiz.de/10010343812

Can Liberalization Affect the Price of Gas Imports? A Theoretical Analysis of the EU Case.

Cavaliere, Alberto; De Michelis, Stefano - Dipartimento di Scienze Economiche e Aziendali, … - 2012

Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in …

Persistent link: https://www.econbiz.de/10010552978

Gas industry reforms and consumers' prices in the European Union

Florio, M.; Brau, R.; Doronzo, R. - Centro Ricerche Nord Sud (CRENoS) - 2008

This paper offers an empirical analysis of the impact of reforms in the natural gas industry on consumer prices across the EU-15 area. After briefly reviewing the most recent reforms, we study the relationship between regulatory indicators and price dynamics by means of panel data econometrics....

Persistent link: https://www.econbiz.de/10005039606

GOOD PROSPECTS FOR GREEN ENERGY IN ROMANIA

Papatulica, Mariana; Prisecaru, Petre - In: Global Economic Observer 1 (2013) 1, pp. 117-125

and hydro, the fewest in solar and biomass. Market liberalization may create more competition and stimulate the …

Persistent link: https://www.econbiz.de/10010721089

Auctions vs negotiations in public procurement : which works better?

Lalive, Rafael; Schmutzler, Armin; Zulehner, Christine - 2015 - Version: October 20, 2015

Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …

Persistent link: https://www.econbiz.de/10011384086