We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...

Curfews present the most restrictive measure aiming to fight the spread of the COVID 19-pandemic. A somewhat weaker form are night time curfews. Night time curfews were imposed all over the world (e.g. USA, France, Germany or Argentina) and are still in force in many countries and have been even...