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Market Design for a Gas Shortage

Authors :
Axel Ockenfels
Source :
Wirtschaftsdienst, Vol 102, Iss 11, Pp 855-857 (2022)
Publication Year :
2022
Publisher :
Springer, 2022.

Abstract

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 for allocation and pricing in a shortage situation.

Subjects

Subjects :
Economic theory. Demography
HB1-3840
Social history and conditions. Social problems. Social reform
HN1-995

Details

Language :
German
ISSN :
1613978X
Volume :
102
Issue :
11
Database :
Directory of Open Access Journals
Journal :
Wirtschaftsdienst
Publication Type :
Academic Journal
Accession number :
edsdoj.b34cfc86c8c9469ab0f53b5245630aac
Document Type :
article
Full Text :
https://doi.org/10.1007/s10273-022-3307-0
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