“Modeling transfer profits as externalities in a cooperative game-theoretic model of natural gas networks” by László Á. Kóczy, Balázs Sziklai et.al in Energy Economics:
Existing cooperative game theoretic studies of bargaining power in gas pipeline systems are based on the so called characteristic function form (CFF). This approach is potentially misleading if some pipelines fall under regulated third party access (TPA). TPA, which is by now the norm in the EU, obliges the owner of a pipeline to transport gas for others, provided they pay a regulated transport fee. From a game theoretic perspective, this institutional setting creates so called “externalities”, the description of which requires partition function form (PFF) games. In this paper we propose a method to compute payoffs, reflecting the power structure, for a pipeline system with regulated TPA. The method is based on an iterative flow mechanism to determine gas flows and transport fees for individual players and uses the recursive core and the minimal claim function to convert the PPF game back into a CFF game, which can be solved by standard methods. We illustrate the approach with a simple stylized numerical example of the gas network in Central Eastern Europe with a focus on Ukraine’s power index as a major transit country.
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K0.11-12 István KÓNYA, Judit KREKÓ, Gábor OBLATH Labor shares in the EU sectoral effects and the role of relative prices The paper studies the labor ... Details »
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K0.11-12 Róbert SOMOGYI: Prioritization vs Zero-rating: Discrimination on the Internet Abstract: This paper analyzes two business practices on the mobile internet market, paid prioritization and zero-rating. ... Details »
“Do CAP subsidies stabilise farm income in Hungary and Slovenia?” by Imre FERTŐ and Stefan BOJNEC in Agricultural Economics: Do CAP subsidies stabilise farm ... Details »
Learning to save in a voluntary pension system: toward an agent-based model by András SIMONOVITS and Balázs KIRÁLY was published in Journal of Economic ... Details »
Ambient temperature and sexual activity: Evidence from time use surveys by Tamás HAJDU and Gábor HAJDU was published in Demographic Research. Abstract Background: Previous ... Details »