, and to offset their weaknesses by purchasing adequate goods on the market. Absent trade, people must allocate their time …

market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand … case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …

for renewable energy sources, design a market mechanism for trading in this market, and outline the requirements for such … a market to function efficiently. Finally, we conclude and present recommendations to policymakers to provide incentives …

for renewable energy sources, design a market mechanism for trading in this market, and outline the requirements for such … a market to function efficiently. Finally, we conclude and present recommendations to policymakers to provide incentives …

party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without … islands rather than a competitive market. If contracts are third party enforceable, rent sharing and long-term relations are …

Recently, the interactions between product market structure and labor market outcomes have come under increased … scrutiny. This paper considers the dynamic relationship between product market entry regulation and equilibrium unemployment … matching frictions, monopolistic competition in the goods market, multi-worker firms, individual wage bargaining and barriers …

increasing contract efficiency substantially. This effect is, however, associated with a considerable bilateralisation of market …