-
Diskussionspapiere 1317 / 2013
The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive combined analysis of electricity and ...
2013| Jan Abrell, Clemens Gerbaulet, Franziska Holz, Casimir Lorenz, Hannes Weigt
-
Diskussionspapiere 1313 / 2013
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before the financial crisis and its drastic ...
2013| Daniel Huppmann
-
Externe Monographien
This dissertation focuses on selected aspects of network congestion arising in liberalized electricity markets and their management methods with a special weight placed on the integration of increased renewable generation in Europe and Germany. In a first step, the theoretical concepts of congestion management are introduced complemented by a review of current management regimes in selected countries. ...
Dresden:
Technische Universität,
2013,
XIX, 186 S.
(Schriften des Lehrstuhls für Energiewirtschaft, TU Dresden ; 1)
| Friedrich Kunz
-
Referierte Aufsätze Web of Science
The large-scale natural gas equilibrium model applied in Egging, 2013 combines long-term market equilibria and investments in infrastructure while accounting for market power by certain suppliers. Such models are widely used to simulate market outcomes given different scenarios of demand and supply development, environmental regulations and investment options in natural gas and other resource markets.. ...
In:
European Journal of Operational Research
231 (2013), 2, S. 503-506
| Daniel Huppmann
-
Weitere externe Aufsätze
In:
Roger Fouquet (Ed.) ,
Handbook on Energy and Climate Change
Cheltenham [u.a.] : Elgar
S. 103-122
| Clemens Haftendorn, Franziska Holz, Claudia Kemfert, Christian von Hirschhausen
-
Referierte Aufsätze Web of Science
In this paper, the authors construct country-specific chronologies of the house price bubbles for 12 OECD countries over the period 1969:Q1-2009:Q4. These chronologies are obtained using a combination of a fundamental approach and a filter approach. The resulting speculative bubble chronology is the one which provides the highest concordance between these two techniques. In addition, the authors suggest ...
In:
Economics
7 (2013), 9, 26 S.
| Christian Dreger, Konstantin A. Kholodilin
-
Diskussionspapiere 1323 / 2013
Previous work has shown that state-level antitrust enforcement activity may have impacts on entry and relocation behavior by U.S. firms. Significant state-level antitrust activity may be an indicator of a perceived adverse business environment and it is found to deter establishment entry, particularly for larger firms in the retail and wholesale sectors. An obvious question is whether establishment ...
2013| Robert M. Feinberg, Thomas A. Husted, Florian Szücs
-
Diskussionspapiere 1321 / 2013
We quantify externalities on profitability and market shares of competing firms in oligopolistic markets through the transition from an n to an n - 1 player oligopoly after a merger. Competitors are identified via the European Commission's market investigations and our methodology allows us to distinguish the externality due to the change in market structure from the merger effect. We obtain results ...
2013| Klaus Gugler, Florian Szücs
-
DIW Economic Bulletin 6 / 2013
When speculative price bubbles on real estate markets burst, the effects for the real economy are often devastating taking the form of substantial losses in production and employment. This paper discusses the degree to which institutional frameworks can prevent speculative bubbles from emerging and expanding. Comparing experiences in different countries indicates that, in Germany, institutional regulations ...
2013| Christian Dreger, Konstantin A. Kholodilin
-
DIW Wochenbericht 17 / 2013
Das Platzen von spekulativen Preisblasen an den Immobilienmärkten führt oft zu realwirtschaftlichen Verwerfungen, die mit hohen Produktions- und Beschäftigungsverlusten verbunden sind. In diesem Beitrag wird diskutiert, inwieweit institutionelle Rahmenbedingungen das Entstehen und die Aufblähung von Preisblasen verhindern können. Im Vergleich zu den Erfahrungen anderer Länder zeigt sich, dass das institutionelle ...
2013| Christian Dreger, Konstantin A. Kholodilin