Diskussionspapiere 1494 / 2015
Abstract EU power market design has been focused on facilitating trading between countries and for this has defined interfaces for market participants and TSOs between countries. The operation of power systems and markets within countries was not the focus of these developments. This may have contributed to difficulties of defining or implementing a common perspective in particular on intraday and ...
2015| Karsten Neuhoff, Carlos Batlle, Gert Brunekreeft, Christos Vasilakos Konstantinidis, Christian Nabe, Giorgia Oggioni, Pablo Rodilla, Sebastian Schwenen, Tomasz Siewierski, Goran Strbac
Diskussionspapiere 1441 / 2015
The financing of infrastructures is a major topic in recent energy policy debates. Project finance, as a specialized form of debt finance, thereby has become a well-established financing tool. This paper contributes a qualitative and quantitative analysis of the determinants of the debt ratio in project finance, using data on 26 liquefied natural gas (LNG) export and import projects. We argue that ...
2015| Sophia Rüster
Referierte Aufsätze Web of Science
U.S. shale gas production is generally expected to continue its fast rise of the last years. However, a cautious evaluation is needed. Shale gas resources are potentially overestimated and it is uncertain to what extent they can be economically produced. The adverse environmental effects of ever more wells being drilled may lead to a fall in public acceptance and the strengthening of U.S. regulation. ...
Economics of Energy and Environmental Policy
4 (2015), 1, S. 131-151
| Philipp M. Richter
DIW Roundup 43 / 2014
Mit mehr als 6.000 Unternehmen kann die Trinkwasserversorgung Deutschlands im internationalen Vergleich als höchst fragmentiert angesehen werden. Während die Trinkwasserversorgung in zahlreichen Ländern durch eine ähnliche Fragmentierung gekennzeichnet ist, gibt es aber auch Beispiele höchst konsolidierter Versorgungsstrukturen: so gibt es in England und Wales lediglich 22 Trinkwasserversorgungsunternehmen ...
2014| Michael Zschille
Berlin IO Day
The Berlin IO Day is a one-day workshop sponsored by Berlin's leading academic institutions, including DIW Berlin, ESMT, Freie Universität Berlin, Humboldt-Universität zu Berlin, Technische Universität Berlin, and WZB which takes place twice a year, in the Fall and in the Spring. The aim is to create an international forum for high quality research in Industrial Organization in the...
| Oliver Sartor, Thomas Spencer, Istvan Bart, Pierre-Emanuel Julia, Aleksandra Gawlikowska-Fyk, Karsten Neuhoff, Sophia Rüster, Adrienn Selei, Aleksander Szpor, Borbala Toth, Andreas Tuerk
Diskussionspapiere 1045 / 2010
It is increasingly observable that in different industries competitors jointly acquire and share customer data. We propose a modified Hotelling model with two-dimensional consumer heterogeneity to analyze the incentives for such agreements and their welfare implications. In our model the incentives of firms for data acquisition and sharing depend on the willingness of consumers to switch brands. Firms ...
2010| Nicola Jentzsch, Geza Sapi, Irina Suleymanova
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
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
54 (2004), 10, S. 646-648
| Claudia Kemfert