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Vertical market power in interconnected natural gas and electricity markets

Marks, Levi; Mason, Charles F.; Mohlin, Kristina; … - 2017

experienced severe, simultaneous price spikes. While frequently attributed to limited pipeline capacity serving the region, we … owing gas. This behavior blocks other firms from utilizing pipeline capacity, which artificially limits gas supply to the … region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non …

Persistent link: https://www.econbiz.de/10011735963

Do firms sell forward for strategic reasons? : an application to the wholesale market for natural gas

Eijkel, Remco van; Moraga-González, José Luis - 2010

Building on a model of the interaction of risk-averse firms that compete in forward and spot markets, we develop an empirical strategy to test whether oligopolistic firms use forward contracts for strategic motives, for risk-hedging, or for both. An increase in the number of players weakens the...

Persistent link: https://www.econbiz.de/10008757521

Superstar economists : coauthorship networks and research output

Hsieh, Chih-sheng; König, Michael D.; Liu, Xiaodong; … - 2018

We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors but also to researchers indirectly linked to them....

Persistent link: https://www.econbiz.de/10011925969

The effect of network degree on bargaining : experimental evidence from the field

D'Exelle, Ben; Gutekunst, Christine; Riedl, Arno - 2025

We conduct an artefactual field experiment in real-existing trade networks to analyze how individual network degree affects bargaining demands and outcomes. We combine data from a bilateral bargaining experiment with data of trade networks in 24 villages in Uganda. To identify the effect of...

Persistent link: https://www.econbiz.de/10015394146

On the many ways Europeanization matters : the implementation of the water reform in Italy (1994-2006)

Asquer, Alberto - 2009

The research agenda of Europeanization is currently highly focused on issued related to what accounts for the 'horizontal' interaction between domestic actors and how these actors make use of stimuli originating from the EU. This paper aims to contribute to this line of inquiry through the case...

Persistent link: https://www.econbiz.de/10003922685

A fair price for energy? : ownership versus market opening in the EU15

Fiorio, Carlo V.; Florio, Massimo - 2010

In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...

Persistent link: https://www.econbiz.de/10003985907

Water tariffs and consumers' inaction

Ornaghi, Carmine; Tonin, Mirco - 2018

We study adoption by more than 150,000 households of an optional transitional water tariff implemented in the South-East of England in conjunction with an universal metering pro-gramme. We document how inertia leads customers to relinquish substantial financial gains, with less than a third of...

Persistent link: https://www.econbiz.de/10011822824

Late payments, liquidity constraints and the mismatch between due dates and paydays

Dahan, Momi; Nisan, Udi - 2020

This paper examines a small random liquidity shock to reveal the effect of liquidity constraints on late payment behavior. In Jerusalem, water bill due dates are randomly determined and therefore may occur just before or after social security paydays. We compared the likelihood of late payments...

Persistent link: https://www.econbiz.de/10012382220

Core-stable rings in auctions with independent private values

Biran, Omer; Forges, Françoise - 2010

We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...

Persistent link: https://www.econbiz.de/10003974150

Equity as a prerequisite for stable cooperation in a public-good economy : the core revisited

Buchholz, Wolfgang; Peters, Wolfgang - 2010

In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...

Persistent link: https://www.econbiz.de/10003983187