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    On the Impact of Forward Markets on Investments in Oligopolistic Markets with Reference to Electricity
    13 years 3 months ago
    On the Impact of Forward Markets on Investments in Oligopolistic Markets with Reference to Electricity
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    There is a general agreement since Allaz-Vila’s seminal contribution that forward contracts mitigate market power on the spot market. This result is widely quoted and elaborated...
    Frederic H. Murphy, Yves Smeers
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