Economics: Markets, competition, and eff
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Mccabe, Kevin A. ;Rassenti, Stephen J. ;Reynolds, Stanley S. ;Smith, Vernon L.
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Article
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2008
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John Wiley and Sons
⚖ 502 KB
In this article we consider a redesigned market system for natural gas that exploits existing possibilities for competition. Such a market-oriented system would allow important efficiency gains to be achieved, gains that could be distributed among both consumers and firms in the natural gas industry