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consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10013029089
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …
Persistent link: https://www.econbiz.de/10010423531
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be …
Persistent link: https://www.econbiz.de/10010423547
The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
Persistent link: https://www.econbiz.de/10010492456
We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in electricity markets, an eminent policy issue for which the experimental evidence is scant and problematic. Specifically, we investigate theoretically and experimentally the effects on...
Persistent link: https://www.econbiz.de/10012857437
Persistent link: https://www.econbiz.de/10013137110
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a …
Persistent link: https://www.econbiz.de/10010492296
For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10003285766
Persistent link: https://www.econbiz.de/10013069698