| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Use of Long-term Auctions for Network Investment | |
| Tanga McDaniel; Karsten Neuhoff | |
| 发表日期 | 2003 |
| 出处 | Economy and Society |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the long-term auction turns out to be a crucial design parameter. Even a "hypothetically" optimal parameter choice can in general only satisfy one of three aims: unbiased provision of capacity, full revelation of private information and minimisation of distortions from network effects. The results suggest that long-term auctions for transmission capacity are not necessarily preferable to regulatory approved capacity expansion. |
| 特色分类 | D44,L95,L5,D92 |
| 关键词 | Auctions,gas,investment,networks,regulation |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/use-of-long-term-auctions-for-network-investment/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116857 |
| 推荐引用方式 GB/T 7714 | Tanga McDaniel,Karsten Neuhoff. Use of Long-term Auctions for Network Investment. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2003-029.pdf（650KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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