Lijesen, Mark - Centraal Planbureau (CPB), Government of the Netherlands - 2002
As European energy markets move towards deregulation, energy prices shift from classic ‘cost plus' prices towards market prices.
Read also the accompanying <a href="http://www.cpb.nl/en/pressrelease/3213211/competition-lowers-energy-expenditures-end-users">press release</a>.
We develop a model for the retail and wholesale energy markets in Europe, based on Bertrand competition in a two part...