The role of buying consortia among SMEs in the electricity market in Italy
β Scribed by Marco Alderighi
- Publisher
- Elsevier Science
- Year
- 2007
- Tongue
- English
- Weight
- 278 KB
- Volume
- 35
- Category
- Article
- ISSN
- 0301-4215
No coin nor oath required. For personal study only.
β¦ Synopsis
We model the electricity market in Italy, focusing on the impact of buying consortia among SMEs on the behaviour of the large electricity producers and sellers. We show that consortia may in certain circumstances produce a pro-competitive result, i.e. they may induce a reduction of prices not only for consortia members but also for firms not in the consortia.
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