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This paper analyzes competition between two Internet service providers (ISPs), either or both of which may choose to offer multiple service classes. In the model analyzed, a social planner who maximizes the total benefit from network usage and a profit maximizing monopolist will both form...
Persistent link: https://www.econbiz.de/10009440426
The search for an appropriate approach to pricing capacity access in telecommunication capacity networks has evolved variously in the literature through rate of return regulation, the Efficient Component Pricing Rule, price-cap regulation (RPI-X) and cost-based regulation, based on efficient...
Persistent link: https://www.econbiz.de/10009485335
In this thesis, current work carried out on analyzing the strategic behaviours in electricity trading is first reviewed. An intelligent decision-making and support technique, game theory, is often used in the market practice. Game theory is a discipline concerned with how individuals make...
Persistent link: https://www.econbiz.de/10009447012
In 1990, Britain became the first developed country to reorganise its electricity industry to run on competitive lines. The British reforms are widely regarded as the benchmark for other reforms and the model used provides the basis for reforms of electricity and other network industries around...
Persistent link: https://www.econbiz.de/10009467271