The impact of energy and climate policies often depends on how the market reacts to the policy, i.e. in terms of prices or costs for downstream industries. Economic theory tells us that in power markets, prices…
We analyze the problem of a buyer who chooses a supplier for a long-term relationship via an auction. The buyer lacks commitment to not renegotiate the terms of the contract in the long run. Thus, suppliers are…
German social security records involve an indicator for part-time or full-time work. In 2011, the reporting procedure was changed suggesting that a fraction of worker recorded to be working full-time before the…
We study the effect of a state level mandate on renewable heating technologies on the housing market. The mandate requires a minimum share of 10 % renewable energy sources when changing the heating system in the…
In the 2018 business year, the ZEW – Leibniz Centre for European Economic Research in Mannheim continued its strategic expansion into a competence centre for market and institutional design, which had already…