Market Design for a Gas Shortage
Abstract So far, it is unclear who will get how much gas at what price in a gas shortage situation in Germany when the regulator has to ration. This threatens to dilute incentives in and in advance of a shortage. This paper looks at the potentially helpful role of a market for gas usage certificates...
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| Format: | Article |
| Language: | deu |
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Sciendo
2022-11-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3307-0 |
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| _version_ | 1832572832151764992 |
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| author | Axel Ockenfels |
| author_facet | Axel Ockenfels |
| author_sort | Axel Ockenfels |
| collection | DOAJ |
| description | Abstract So far, it is unclear who will get how much gas at what price in a gas shortage situation in Germany when the regulator has to ration. This threatens to dilute incentives in and in advance of a shortage. This paper looks at the potentially helpful role of a market for gas usage certificates for allocation and pricing in a shortage situation. |
| format | Article |
| id | doaj-art-b34cfc86c8c9469ab0f53b5245630aac |
| institution | Kabale University |
| issn | 1613-978X |
| language | deu |
| publishDate | 2022-11-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-b34cfc86c8c9469ab0f53b5245630aac2025-02-02T07:07:31ZdeuSciendoWirtschaftsdienst1613-978X2022-11-011021185585710.1007/s10273-022-3307-0Market Design for a Gas ShortageAxel Ockenfels0Department of Economics, Universität zu KölnAbstract So far, it is unclear who will get how much gas at what price in a gas shortage situation in Germany when the regulator has to ration. This threatens to dilute incentives in and in advance of a shortage. This paper looks at the potentially helpful role of a market for gas usage certificates for allocation and pricing in a shortage situation.https://doi.org/10.1007/s10273-022-3307-0 |
| spellingShingle | Axel Ockenfels Market Design for a Gas Shortage Wirtschaftsdienst |
| title | Market Design for a Gas Shortage |
| title_full | Market Design for a Gas Shortage |
| title_fullStr | Market Design for a Gas Shortage |
| title_full_unstemmed | Market Design for a Gas Shortage |
| title_short | Market Design for a Gas Shortage |
| title_sort | market design for a gas shortage |
| url | https://doi.org/10.1007/s10273-022-3307-0 |
| work_keys_str_mv | AT axelockenfels marketdesignforagasshortage |