[fre] Nous analysons le contrat de concession concernant l'exploitation d'une ressource non renouvelable lorsque l'opérateur minier détient une information privée sur ses coûts. Nous montrons que l'arbitrage " traditionnel " rente-efficacité consistant à diminuer la production par rapport...

[eng] This article examines the strategic role of gas storage and its regulation in an environment comprising a gas spot market. In keeping with the literature on the topic, we view storage as an instrument that a supplier uses to ensure flexibility when meeting peak demand. In that situation,...

D42, L12, Q4.

We provide an efficiency justi…cation for the imposition of the uniform pricing constraint in universal service obligations (USO), where USO are de…fined as a set of constraints imposed on fi…rms belonging to a network industry. Besides the uniform pricing (UP) constraint, which is an...