Janssen, M.; Lingens, J.; Wobben, M. - In: Competition and Regulation in Network Industries 14 (2013) 1, pp. 24-47
In grid-bound industries, individual investment in production capacity constitutes a public good in the form of a delivery insurance for all market participants. We analyze the effects of entry (caused e.g. by deregulation) on capacity and output choice in these industries. To this end we employ...