| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7405120 | Energy Policy | 2013 | 10 Pages |
Abstract
⺠We show the profit function of pivotal operators to be non-concave and unbounded. ⺠We propose a price-cap policy that foster pivotal operators to compete for quantity.⺠We apply our methodology to Enel and derive a price-cap for Italy. ⺠We find that vertical integration can be beneficial for moderating wholesale prices.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Bruno Bosco, Lucia Parisio, Matteo Pelagatti,