Europe's increasing import dependency in natural gas facilitates a number of new infrastructure projects. However, up to now it has always been diffcult to assess the full impact of these projects as interdependencies within the whole European gas infrastructure system were hard to predict. We...

We propose a merchant-regulatory framework to promote investment in the European natural gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (2001) and Hogan et al. (2010), a profit maximizing network operator facing this regulatory constraint will...

Klappentext: Das Zeitalter der europäisch-amerikanischen Dominanz geht zu Ende. Im Weltkrieg um Wohlstand kämpfen die asiatischen Staaten um mehr Marktanteile, ohne Rücksicht auf das eigene Land oder die Umwelt. Mit der wirtschaftlichen Bedeutung verschieben sich auch die politischen...