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The effect of market power on electricity storage utilization : the case of pumped hydro storage in Germany

Schill, Wolf-Peter; Kemfert, Claudia - 2010 - Updated version March 2010

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro storage operation. We find that introducing storage...

Persistent link: https://www.econbiz.de/10012040651

Redesigning automated market power mitigation in electricity markets

Adelowo, Jacqueline; Bohland, Moritz - 2022

Electricity markets are prone to the abuse of market power. Several US markets employ algorithms to monitor and mitigate market power abuse in real time. The performance of automated mitigation procedures is contingent on precise estimates of firms' marginal production costs. Currently, marginal...

Persistent link: https://www.econbiz.de/10013460907

Market power and spatial price discrimination in the liquefied natural gas industry

Zahur, Nahim Bin - 2023

The liquefied natural gas (LNG) industry is characterized by systematic inter-regional price differentials, raising the question of whether sellers price discriminate. This paper measures market power in the LNG spot market and studies how market power influences pricing, trade and welfare. I...

Persistent link: https://www.econbiz.de/10015048742

Differentiated Goods in a Dynamic Cournot Duopoly with Emission Charges on Outputs

Naimzada, Ahmad Kabir; Pireddu, Marina - 2021

We extend the dynamic Cournot duopoly framework with emission charges on outputs by Mamada and Perrings (2020), which …

Persistent link: https://www.econbiz.de/10013224140

On the Detrimental Effects of Concave Emission Charges in a Dynamic Cournot Duopoly Model

Naimzada, Ahmad Kabir; Pireddu, Marina - 2021

We reconsider the dynamic Cournot duopoly framework with homogeneous goods by Mamada and Perrings (2020), in order to …

Persistent link: https://www.econbiz.de/10013234982

Dynamic Approaches for the Evaluation of the Environmental Policy Efficacy in a Nonlinear Cournot Duopoly with Differentiated Goods and Emission Charges

Naimzada, Ahmad; Pireddu, Marina - 2023

charges on the dynamics of a Cournot duopoly model with homogeneous goods was investigated. Due to the sigmoid adaptive …

Persistent link: https://www.econbiz.de/10014357543

An Experimental Study of Auctions Versus Grandfathering to Assign Pollution Permits

Goeree, Jacob K.; Holt, Charles A.; Palmer, Karen L.; … - 2014

We experimentally study auctions versus grandfathering in the initial assignment of pollution permits that can be traded in a secondary spot market. Low and high emitters compete for permits in the auction, while permits are assigned for free under grandfathering. In theory, trading in the spot...

Persistent link: https://www.econbiz.de/10014198001

An Experimental Study of Auctions versus Grandfathering to Assign Pollution Permits

Goeree, Jacob K.; Holt, Charles A.; Palmer, Karen L.; … - 2013

Persistent link: https://www.econbiz.de/10014203589

Chapter 15 Antitrust

Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007

policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …

Persistent link: https://www.econbiz.de/10014023495

Stackelberg social equilibrium in water markets

Houba, Harold; Tomori, Françeska - In: Games 14 (2023) 4, pp. 1-9

applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … social equilibrium in duopoly water markets with an upstream-downstream river structure and derive it in the example of a … duopoly market. …

Persistent link: https://www.econbiz.de/10014426327