This paper provides a full characterization of the price effects of horizontal mergers in the Cournot model with heterogeneous firms and constant returns to scale. We show that the price change ...

The Energy Journal, Vol. 41, No. 4 (JULY 2020), pp. 61-88 (28 pages) We analyze the effects of commonly employed renewable compensation policies on firm behavior in an imperfectly competitive market.

We consider a mixed duopoly selling to downstream retailers that are engaged in spatial price discrimination. We show that the optimal degree of privatization falls below—often far below—the level ...

The study found that as the number of storage firms grows, this distortion declines. Two to three competing storage operators were enough to move the market close to the social optimum, indicating ...

Ray‐Yun Chang, Chinese Culture University, Yan‐Shu Lin, National Dong Hwa University, and Jin‐Li Hu, National Chiao-Tung University - Institute of Business and Management examine Mixed Competition and ...