1.Resource Economics Group, Humboldt-Universit?t zu Berlin, Unter den Linden 6, 10099, Berlin, Germany ;2.Center for Energy, Climate and Resources, ifo Institute, Poschingerstr. 5, 81679, Munich, Germany ;
Abstract:
Journal of Regulatory Economics - We extend the theory of peak-load pricing by considering that the production with different technologies can be adjusted within their capacity at different speeds....