Regulierung des Netzmonopolisten durch Verbot von Peak-load Pricing?
Peak-load pricing of natural monopolies was analyzed until now as a one-step production process with constant average rate costs. However, electric current underlies a multi-step process with decreasing average costs for power transmission. A private, vertically separated network opertor will charge profit maximizing peak-load prices and will cause a high welfare loss due to its monopolisic position. The paper examines in a two-stage model with decreasing average cost on the transmission stage, which consequences there are of prohibiting the monopolist to take different prices. Here, this interdiction enhances welfare, if the monopolist continues to serve customers in both markets (peak and off-peak). The analyzed regulation rule "only one price" is easy to apply and to supervise, as a consequence it is practicable and cost-effecitve.
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- Wagner Joachim & Schank Thorsten & Schnabel Claus & Addison John T., 2006.
"Works Councils, Labor Productivity and Plant Heterogeneity: First Evidence from Quantile Regressions,"
Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik),
De Gruyter, vol. 226(5), pages 505-518, October.
- Joachim Wagner & Thorsten Schank & Claus Schnabel & John T. Addison, 2006. "Works Councils, Labor Productivity and Plant Heterogeneity: First Evidence from Quantile Regressions," Working Paper Series in Economics 22, University of Lüneburg, Institute of Economics.
- Joachim Wagner & Thorsten Schank & Claus Schnabel & John T. Addison, 2006. "Works Councils, Labor Productivity and Plant Heterogeneity: First Evidence from Quantile Regressions," GEMF Working Papers 2006-03, GEMF, Faculty of Economics, University of Coimbra.
- Ingrid Ott & Susanne Soretz, 2006. "Governmental activity and private capital adjustment," Working Paper Series in Economics 26, University of Lüneburg, Institute of Economics.
- Joachim Wagner, 2007.
"Markteintritte, Marktaustritte und Produktivität Empirische Befunde zur Dynamik in der Industrie,"
AStA Wirtschafts- und Sozialstatistisches Archiv,
Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 1(3), pages 193-203, December.
- Joachim Wagner, 2006. "Markteintritte, Marktaustritte und Produktivität Empirische Befunde zur Dynamik in der Industrie," Working Paper Series in Economics 27, University of Lüneburg, Institute of Economics.
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