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dc.contributor.authorSkaar, Jostein
dc.contributor.authorSørgard, Lars
dc.date.accessioned2006-06-26T10:54:44Z
dc.date.available2006-06-26T10:54:44Z
dc.date.issued2003-01
dc.identifier.issn1503-2140
dc.identifier.urihttp://hdl.handle.net/11250/166498
dc.description.abstractThe purpose of this article is to study the effects of an acquisition in an energy system dominated by hydropower and with temporary bottlenecks. We apply a model with four markets: two regions and two time periods. It is shown that an acquisition has an ambiguous effect on welfare. In some instances it would lead to larger differences in prices between different markets, which would lead to an increase in the dead weight loss. In other instances an acquisition would lead to a reduction in price differences between different markets. This may happen if the dominant firm acquires a firm that is active in the market where the dominant firm used to dump its energy capacity before the acquisition took place.en
dc.format.extent2546437 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoengen
dc.publisherSNFen
dc.relation.ispartofseriesWorking paperen
dc.relation.ispartofseries2003:2en
dc.subjecthydropoweren
dc.subjectacquisitionsen
dc.subjectoligopolyen
dc.subjecttransmissionen
dc.titleTemporary bottlenecks, hydropower and acquisitions in networksen
dc.typeWorking paperen


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