Market Power in Gas Networks

In this seminar we discuss issues in the theoretical and empirical analysis of market power in (international) gas pipeline networks. Market power plays a role, both, in the evaluation of access regulation as well as the assessment of investment into new pipelines. We will critically review various contributions in the literature, relying on non-cooperative and cooperative game theory, respectively. We are particularly interested in how specific assumptions on the interaction of players shape the results.

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