Similar Search Results

Strategic investment in international gas transport systems

Hubert, Franz - Economics Department, European Investment Bank (EIB) - 2007

This paper provides a quantitative analysis of power relations and strategic investment in the transport system for Russian gas. First, we analyse how the architecture of the transport system determines Russia's bargaining power vis-a-vis (potential) transit countries. By applying the Shapley...

Persistent link: https://www.econbiz.de/10005006802

Ostsee-Pipeline: die Gewinne werden neu verteilt

Hubert, Franz; Suleymanova, Irina - In: DIW Wochenbericht 76 (2009) 7, pp. 114-120

neue Pipeline "Nord-Stream" zu bauen, mit der russisches Erdgas erstmalig direkt durch die Ostsee nach Deutschland … geliefert werden kann. Diese Pipeline erhöht die Sicherheit der westeuropäischen Energieversorgung, weil sie … durchsetzen können. Die Entscheidung für den Bau der Pipeline kann als Folge institutioneller Schwächen in diesen beiden …

Persistent link: https://www.econbiz.de/10005070918

Strategic Investment in International Gas-Transport Systems: A Dynamic Analysis of the Hold-up Problem

Hubert, Franz; Suleymanova, Irina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

We develop a dynamic model of strategic investment in a transnational pipeline system. In the absence of international … overinvestment than underinvestment. Calibrating the model to fit the Eurasian pipeline system for natural gas, we find that the …

Persistent link: https://www.econbiz.de/10005068926

Baltic Sea Pipeline: The Profits Will Be Distributed Differently

Hubert, Franz; Suleymanova, Irina - In: Weekly Report 5 (2009) 12, pp. 81-86

huge pipeline Nord Stream through the Baltic Sea. This pipeline will provide Russia for the first time ever with the direct … access to its Western European customers. This pipeline will contribute to the security of the Western Europe's energy supply … natural gas imports. The decision to construct the pipeline can be viewed as a consequence of institutional and political …

Persistent link: https://www.econbiz.de/10005026869

Russia's Gas Sector: The Endless Wait for Reform?

Ahrend, Rudiger; Tompson, William - Economics Department, Organisation de Coopération et … - 2004

The gas industry is perhaps Russia’s least reformed major sector. Prices are regulated, exports are monopolised and the domestic market is dominated by a state-controlled, vertically integrated monopolist, OAO Gazprom. Gazprom combines commercial and regulatory functions, and maintains tight...

Persistent link: https://www.econbiz.de/10005046214

Cost-allocation principles for pipeline capacity and usage

Salant, David; Watkins, G.C. - Volkswirtschaftliche Fakultät, … - 1996

pipeline. The theory o f cooperative games s t r ongl y suggest s t hat no method e x i s t s for allocating costs that wi l l …

Persistent link: https://www.econbiz.de/10005260245

The Economics of the Nord Stream Pipeline System

Chyong, C.K.; Noël, P.; Reiner, D.M. - Faculty of Economics, University of Cambridge - 2010

clearly lower than using the Ukrainian route and is only slightly above shipping through the Yamal-Europe pipeline …

Persistent link: https://www.econbiz.de/10008673580

Pipeline Power: A Case Study of Strategic Network Investments

Cobanli, Onur; Hubert, Franz - Verein für Socialpolitik - VfS - 2014

We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power …

Persistent link: https://www.econbiz.de/10011164041

Network Access and Market Power

Orlova, Ekaterina; Hubert, Franz - Verein für Socialpolitik - VfS - 2014

We study the impact of the liberalization of EU natural gas markets on the balance of power between `local champions', customers, and outside producers. We distinguish between two steps of the reform: 1. opening access to transit pipes and 2. opening access to distribution systems, hence...

Persistent link: https://www.econbiz.de/10011164052

Bargaining Power and Value Sharing in Distribution Networks: a Cooperative Game Theory Approach

Roson, Roberto; Hubert, Franz - Dipartimento di Economia, Università Ca' Foscari Venezia - 2014

This paper illustrates a methodology for analyzing bargaining games on network markets, by means of numerical models that can be calibrated with real data. Economic incentives to join or to expand a network depend on how the network surplus is being distributed, which in turn depends on a...

Persistent link: https://www.econbiz.de/10010735160