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- W2155012261 abstract "We present an agent-based model of a multi-tier energy market including gas shippers, electricity generators and retailers. We show how reward interdependence between strategic business units within a vertically integrated firm can increase its profits in oligopolistic energy markets. The effects are shown to be distinct from those of the raising rivals' costs model. In our case, higher prices relate to the nature of energy markets, which facilitate the emergence of financial netback effects." @default.
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- W2155012261 date "2006-01-01" @default.
- W2155012261 modified "2023-10-03" @default.
- W2155012261 title "Incentives and Coordination in Vertically Related Energy Markets" @default.
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- W2155012261 doi "https://doi.org/10.2139/ssrn.880072" @default.
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