Electricity Trading in a Successive Oligopoly Market: A Social Welfare Comparison between the Generation and Retail Sectors’ Liberalization
Journal of Management of Roraima
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Title |
Electricity Trading in a Successive Oligopoly Market: A Social Welfare Comparison between the Generation and Retail Sectors’ Liberalization
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Creator |
Yamane, Keita
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Description |
This study models the electricity industry as a successive Cournot oligopoly market to compare the market performance between the generation and retail sectors’ liberalization. We show that, assuming identical fixed costs on free entry into both generation and retail sectors, liberalization of the retail sector can dominate that of the generation sector with regard to social welfare.
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Publisher |
SCHOLINK INC.
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Contributor |
—
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Date |
2018-09-07
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.scholink.org/ojs/index.php/rem/article/view/1579
10.22158/rem.v3n4p307 |
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Source |
Research in Economics and Management; Vol 3, No 4 (2018); p307
2470-4393 2470-4407 |
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Language |
eng
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Relation |
http://www.scholink.org/ojs/index.php/rem/article/view/1579/1728
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Rights |
Copyright (c) 2018 Keita Yamane
http://creativecommons.org/licenses/by/4.0 |
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