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Deregulation Innovation And Market Liberalization


Deregulation Innovation And Market Liberalization
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Deregulation Innovation And Market Liberalization


Deregulation Innovation And Market Liberalization
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Author : L. Lynne Kiesling
language : en
Publisher: Routledge
Release Date : 2008-09-03

Deregulation Innovation And Market Liberalization written by L. Lynne Kiesling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-03 with Business & Economics categories.


This book delves into regulatory and technological change affecting the electricity industry and provides a previously unexplored synthesis of new institutional economics, experimental economics, evolutionary economics, and network theory.



Deregulation Innovation And Market Liberalization


Deregulation Innovation And Market Liberalization
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Author : L. Lynne Kiesling
language : en
Publisher: Routledge
Release Date : 2008-07-21

Deregulation Innovation And Market Liberalization written by L. Lynne Kiesling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-21 with Business & Economics categories.


Over the past 50 years the US economy has experienced economic dynamism and technological change at a dizzying pace, driven substantially by innovation in digital communication technology. This dynamism has had limited effects in the electricity industry, and institutional change within the industry to adapt to these changes has been variable. Many states in the U.S. do not participate in open wholesale markets, and even more states have either no retail markets or have implemented such a restricted and politicized version of retail markets that potential retail market entrants still face substantial entry barriers. This book explores institutional design and regulatory policies in the US electricity industry that can adapt to unknown and changing conditions produced by economic, social, and technological change. Whereas the dominant regulatory paradigm has traditionally been centralized economic and physical control based on natural monopoly theory and power systems engineering, the ideas presented and synthesized by Kiesling compose a different paradigm – decentralized economic and physical coordination through contracts, transactions, price signals, and integrated intertemporal wholesale and retail markets. Digital communication technology, and its increasing pervasiveness and affordability, make this decentralized coordination possible. Kiesling argues that with decentralized coordination, distributed agents themselves control part of the system, and in aggregate their actions produce order. Technology makes this order feasible, but the institutions, the rules governing the interaction of agents in the system, contribute substantially to whether or not order can emerge from this decentralized coordination process.



Transmission Network Investment In Liberalized Power Markets


Transmission Network Investment In Liberalized Power Markets
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Author : Mohammad Reza Hesamzadeh
language : en
Publisher: Springer Nature
Release Date : 2020-09-10

Transmission Network Investment In Liberalized Power Markets written by Mohammad Reza Hesamzadeh and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-10 with Business & Economics categories.


This book provides a systematic overview of transmission network investment in liberalized power markets. Recent government policies to increase the share of intermittent renewable power generation and other technological innovations present new theoretical as well as practical challenges for transmission investments. Written by experts with a background in both economics and engineering, the book examines the economic and technical fundamentals of regulated and merchant transmission investment, and includes case studies of transmission investment in a number of countries. The book is divided into four parts: Part 1 introduces the basic economics and engineering of transmission network investment, while Part 2 discusses merchant investment in the transmission network. Part 3 then examines transmission investment coordination and smart grids, and lastly, Part 4 describes practical experiences of transmission network investment in power market in various countries.



Framing Innovation In Public Service Sectors


Framing Innovation In Public Service Sectors
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Author : Rolf Rønning
language : en
Publisher: Routledge
Release Date : 2014-05-09

Framing Innovation In Public Service Sectors written by Rolf Rønning and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-09 with Business & Economics categories.


Innovation is seen as an interactive process that involves many actors within and across organizational boundaries. In public sector services, innovation is a frequent, often holistic, and multi-layered process that involves many actors and many services at the same time. However, most of the existing literature on innovation in public sector services is based on the economics of innovation, which is heavily influenced by investigations of the private sector. Innovation in the Public Sector develops a more context-sensitive and rich approach in order to explore the different logics of innovation that prevail here. Rather than presenting a general theory of innovation, the book specifies how innovation and value creation are interconnected with social and institutional elements. Analytical constructs, including dynamic capability, absorptive capacity, and practice-based approaches, are reviewed and anchored in the organizational context of public sector services. Such a perspective on innovation can help us develop new understandings of the process and history of innovation, contributing to processual organizational analysis in a broader sense, and further developing present theories of organizational change.



The Routledge Companion To Network Industries


The Routledge Companion To Network Industries
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Author : Matthias Finger
language : en
Publisher: Routledge
Release Date : 2015-11-19

The Routledge Companion To Network Industries written by Matthias Finger and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-19 with Business & Economics categories.


In recent decades, network industries around the world have gone through periods of de- and re-regulation. With vast amounts of sometimes conflicting research carried out into specific network industries, the time has come for a critical over-arching assessment of this entire industry in order to provide a platform of understanding to aid future research and practice. This comprehensive resource provides an orientation for academics, policy makers and managers as to the main economic, regulatory and commercial challenges in the network industries. The book is split into sections covering market, policy, regulation, management perspectives, whilst all of the key network industries are covered, including energy, transport, water and telecommunications. Overseen by world-class Editors and experts in the field, this inter-disciplinary resource is essential reading for students and researchers in international business, industrial economics and the industries.



The Oxford Handbook Of Austrian Economics


The Oxford Handbook Of Austrian Economics
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Author : Peter J. Boettke
language : en
Publisher: Oxford University Press
Release Date : 2015-09-01

The Oxford Handbook Of Austrian Economics written by Peter J. Boettke and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-01 with Business & Economics categories.


The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century. Menger stressed the subjective nature of value in the individual decision calculus. Individual choices are indeed made on the margin, but the evaluations of rank ordering of ends sought in the act of choice are subjective to individual chooser. For Menger, the economic calculus was about scarce means being deployed to pursue an individual's highest valued ends. The act of choice is guided by subjective assessments of the individual, and is open ended as the individual is constantly discovering what ends to pursue, and learning the most effective way to use the means available to satisfy those ends. This school of economic thinking spread outside of Austria to the rest of Europe and the United States in the early-20th century and continued to develop and gain followers, establishing itself as a major stream of heterodox economics. The Oxford Handbook of Austrian Economics provides an overview of this school and its theories. The various contributions discussed in this book all reflect a tension between the Austrian School's orthodox argumentative structure (rational choice and invisible hand) and its addressing of a heterodox problem situations (uncertainty, differential knowledge, ceaseless change). The Austrian economists from the founders to today seek to derive the invisible hand theorem from the rational choice postulate via institutional analysis in a persistent and consistent manner. Scholars and students working in the field of History of Economic Thought, those following heterodox approaches, and those both familiar with the Austrian School or looking to learn more will find much to learn in this comprehensive volume.



Smart Grid Handbook 3 Volume Set


Smart Grid Handbook 3 Volume Set
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Author :
language : en
Publisher: John Wiley & Sons
Release Date : 2016-08-01

Smart Grid Handbook 3 Volume Set written by and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-01 with Science categories.


Alles Wissenswerte rund um Smart Grids, umfassend und interdisziplinär beschrieben von internationalen Experten aus Forschung und Praxis. Dieses Buch trägt dem Wunsch nach einem hochkarätigen Referenzwerk zur Smart-Grid-Technologie Rechnung ? eine Technologie, die bei der Entwicklung einer umweltfreundlichen Energieinfrastruktur eine zentrale Rolle spielt. Das dreibändige Smart Grid Handbook mit insgesamt 83 Artikeln ist in sechs Abschnitte unterteilt: Vision and Drivers (Vision und Einflussgrößen), Transmission (Übertragung) Distribution (Verteilung), Smart Meters and Customers (intelligente Zähler und Kunden), Information and Communications Technology (Informations- und Kommunikationstechnik), Socio-Economic Issues (sozialökonomische Aspekte). Wichtige Merkmale: - Geschrieben von einem Team, das sich mit Smart Grids auskennt und seine Erfahrung aus den folgenden Bereichen einbringt: Forschung & Entwicklung, Technikeinsatz, Standards, Branchenpraxis und sozialökonomische Aspekte. - Der Abschnitt Vision and Drivers beschäftigt sich mit Vision, Definitionen, der Weiterentwicklung und globalen Entwicklung von Smart Grids sowie mit neuen Technologien und Standards. - Der Abschnitt Transmission erläutert Branchenpraxis, Erfahrung im operativen Bereich, Standards, Cybersicherheit und Grid Codes. - Im Abschnitt Distribution werden Verteilungssysteme und Systemkonfigurationen in verschiedenen Ländern sowie verschiedene Lasten, die über das Netz bedient werden, vorgestellt. - Der Abschnitt Smart Meters and Customers untersucht, wie Kunden über Smart Meter mit dem Stromnetz interagieren können.



A Research Agenda For Environmental Economics


A Research Agenda For Environmental Economics
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Author : Matthias Ruth
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-06-26

A Research Agenda For Environmental Economics written by Matthias Ruth and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.


Presenting critical insights on how economic activity is constrained by the environment’s ability to provide material and energy resources, this timely Research Agenda explores how humanity shapes, and is shaped by, environmental change and sustainability challenges. Chapters highlight how, under these constraints, people may seek to improve their lives and standards of living without undermining the abilities of others to do so now or in the future.



Network Industries And Social Welfare


Network Industries And Social Welfare
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Author : Massimo Florio
language : en
Publisher: OUP Oxford
Release Date : 2013-06-20

Network Industries And Social Welfare written by Massimo Florio and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-20 with Business & Economics categories.


A dramatic change of ownership, regulation, and organisation of essential public services, such as electricity, gas, and telecommunications, has taken place in Europe in less than 20 years. This was not the outcome of spontaneous adaptation, but an entirely top-down policy experiment, mainly conceived in London during Mrs Thatcher's years, then pursued in Brussels - the 'capital' of the European Union - and imposed on more or less reluctant players by laws, directives, regulations, and administrative and judicial decisions. The European reform paradigm revolves around three pillars: privatisation, unbundling, and regulated liberalisation of network industries. These industries, despite the reforms, are still special, as they include core natural monopoly components (the electricity grid, the gas pipelines, the telephony networks, etc.), are often based on complex system integration of different segments (for example of electricity generation, transmission, distribution and retail supply), and offer services that have critical social and economic importance, from heating to internet. This book offers a careful scrutiny of energy and telephony reforms and prices paid by households in 15 countries across Western Europe. It attempts to answer such questions as: Are the consumers in Europe happier than they were before the reforms? Do they pay less? Do they get a better quality for the services? Network Industries and Social Welfare provides an overview of the main facts, the conceptual issues, and of the empirical evidence on pricing, perceptions of quality of service, and the issues of utility poverty and social affordability. It suggests that the benefits of the reforms for the consumers have often been limited and that governments should reconsider their overconfidence in regulated market mechanisms in network industries.



Successes And Failures In Regulating And Deregulating Utilities


Successes And Failures In Regulating And Deregulating Utilities
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Author : Colin Robinson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01

Successes And Failures In Regulating And Deregulating Utilities written by Colin Robinson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.


This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School