کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5078271 1477338 2011 17 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
On optimal scarcity prices
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
On optimal scarcity prices
چکیده انگلیسی
The impact of reduced scarcity prices in the long run still is only incompletely explored. We thus analyze investment of firms in base load and peak load technologies in a market with fluctuating demand under imperfect competition. We show that an appropriately chosen limitation of scarcity prices is not only beneficial in the short run but also in the long run. It leads to a strict increase of investment in peak load technologies, leaving investment in base load technologies unchanged. Furthermore, we characterize the optimal limit on scarcity prices.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 29, Issue 5, September 2011, Pages 589-605
نویسندگان
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