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Weitere externe Aufsätze
In:
Trade, Poverty, and the Environment : 8th Annual Conference on Global Economic Analysis ; June 9 - 11, 2005, Lübeck, Germany [CD-ROM]
West Lafayette (Ind.) : GTAP
| Claudia Kemfert, Michael Kohlhaas, Truong P. Truong, Artem Protsenko
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Externe referierte Aufsätze
We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of firms and of the insiders' share of total industry gains due to the increase in concentration. Our main application is to the linear Cournot and Bertrand models. A takeover is ...
In:
International Journal of Industrial Organization
22 (2004), 8-9, S. 1067-1089
| Roman Inderst, Christian Wey
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Diskussionspapiere 533 / 2005
In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives emitters the flexibility to undertake reduction measures in the most cost-efficient way and mobilizes market forces for the protection of the earth's climate. In this paper, we analyse the effects of emissions trading in Europe, with some special reference to the case of Germany. We ...
2005| Claudia Kemfert, Michael Kohlhaas, Truong P. Truong, Artem Protsenko
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Externe referierte Aufsätze
In this article, we analyse the effects of emissions trading in Europe, with special reference to Germany. We look at the value of the flexibility gained by trading compared to fixed quotas. The analysis is undertaken with a modified version of the GTAP-E model using the latest GTAP version 6 database. It is based on the national allocation plans (NAP) as submitted to and approved by the EU. We find ...
In:
Climate Policy
6 (2006), 4, S. 441-455
| Claudia Kemfert, Michael Kohlhaas, Truong P. Truong, Artem Protsenko
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Diskussionspapiere 393 / 2003
We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and 2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated through principal component analysis and Johansen likelihood-based procedures. Both of them show a high level of integration within the European/Japanese and North ...
2003| Guillaume L¿Hégaret, Boriss Siliverstovs, Anne Neumann, Christian von Hirschhausen
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Diskussionspapiere 423 / 2004
We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of .rms and of the insiders. share of total industry gains due to the increase in concentration. Our main application is to the linear Cournot and Bertrand models. A takeover is ...
2004| Roman Inderst, Christian Wey
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Externe referierte Aufsätze
This paper investigates the degree of integration of natural gas markets in Europe, North America and Japan in the time period between the early 1990s and 2004. The relationship between international gas market prices and their relation to the oil price are explored through principal components analysis and Johansen likelihood-based cointegration procedure. Both of them show a high level of natural ...
In:
Energy Economics
27 (2005), 4, S. 603-615
| Boriss Siliverstovs, Guillaume L'Hégaret, Anne Neumann, Christian von Hirschhausen
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Data Documentation 73 / 2014
2014| Isabel Teichmann
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Diskussionspapiere 1370 / 2014
Assessing and quantifying the impacts of technological, economic, and policy shifts in the global energy system requires large-scale numerical models. We propose a dynamic multi-fuel market equilibrium model that combines endogenous fuel substitution within demand sectors and in power generation, detailed infrastructure capacity constraints and investment, as well as strategic behaviour and market ...
2014| Daniel Huppmann, Ruud Egging
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Externe referierte Aufsätze
Assessing and quantifying the impacts of technological, economic, and policy shifts in the global energy system require large-scale numerical models. We propose a dynamic multi-fuel market equilibrium model that combines endogenous fuel substitution within demand sectors and in power generation, detailed infrastructure capacity constraints and investment, as well as strategic behaviour and market power ...
In:
Energy
75 (2014), S. 483-500
| Daniel Huppmann, Ruud Egging