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Can Double Auctions Control Monopoly and Monopsony Power in Emissions Trading Markets?
by: shinta, 38 pagesWe conduct a laboratory experiment to investigate whether the double auction institution can suppress market power in emissions trading markets. We study twenty-four markets with varying market ...
The Effects of Market Power on the Size and Distribution of Benefits from the Ethanol Subsidy
by: shinta, 34 pagesMarket power is discussed frequently in debates about subsidies for ethanol production, and structural conditions in the industry create a case for concerns about market power. This paper ...
Are Horizontal Mergers and Vertical Integration a Problem?
by: samanta, 35 pagesThis report examines market power in rail markets in Europe arising from horizontal and vertical mergers in the sector, and is intended to provide a high-level basis for discussion at the round table ...
