Blazquez de Paz, Mario - 2017 - This version: March 10, 2017
suppliers' profits. In the specific setting of this paper, I show that when the competition is perfect, an investment in … transmission capacity between zones (inter Transmission System Operator (TSO) investment) and an investment in production capacity … generate the same equilibrium outcome allocations. In contrast, when the competition is imperfect, an inter TSO investment and …