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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Bibliographic Details
Main Author: Axel Ockenfels
Format: Article
Language:deu
Published: Springer 2022-11-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3307-0