Price convergence in contestable market structures: The impact of time and price-caps on intercity telecommunications rates

1994 ◽  
Vol 9 (6) ◽  
pp. 813-822 ◽  
Author(s):  
Yu Hsing ◽  
Franklin G. Mixon
Keyword(s):  
Price Convergence ◽  
Price Caps ◽  
Market Structures ◽  
The Impact ◽  
Contestable Market

Producers and Market Incentives in the Design of Global Atmospheric Institutions

2017 ◽  
Author(s):  
Alexander Ovodenko
Keyword(s):  
Technology Transfer ◽  
International Institutions ◽  
Financial Assistance ◽  
Market Incentives ◽  
Market Structures ◽  
Regulated Markets ◽  
Market Impacts ◽  
Global Regime ◽  
The Impact ◽  
Downstream Market

This chapter focuses on downstream market impacts in global regime design. It explains why governments have developed integrated and legalized institutions for financial assistance and technology transfer in the ozone layer regime but unintegrated and voluntary institutions for financial assistance and technology transfer in the climate change regime. There are similarities among these regimes and issue-areas that are useful in isolating the impact of market structures and incentives on the design of international institutions. The analysis mainly relies on the author’s fifty interviews conducted with government negotiators, international civil servants, business representatives, and civil society representatives. The findings show that governments have designed the financial and technology-transfer institutions of these atmospheric regimes in light of the opportunities provided by and the constraints on producers in a variety of regulated markets—and that producers make investments and innovation decisions based on downstream consumer demand.

Tourism, Globalization, and Caribbean Dance

2017 ◽  
Author(s):  
Yvonne Daniel
Keyword(s):  
Economic Globalization ◽  
Local Market ◽  
Cultural Globalization ◽  
Market Structures ◽  
Caribbean Islands ◽  
Music Making ◽  
The Caribbean ◽  
Tourism Enterprises ◽  
The Impact ◽  
Sacred Dance

This chapter examines Caribbean dance in the context of tourism and globalization. In particular, it looks at the interaction between tourism enterprises and dance genres, dance artists, and island governments as well as its implications for cultural and economic globalization. After providing an overview of human and natural resources available on the Caribbean islands and how they have been developed toward tourism, the chapter discusses the integration of Caribbean dance and music making into regional development as aids to differing types of tourist planning. It then considers the globalization of Caribbean dances such as merengue, mambo, salsa, and reggae and how Caribbean sacred dance, concert dance, and popular dance fare within cultural globalization or homogenizing trends, local market structures and tourism. It also analyzes the impact of globalization on Caribbean dancers and the local and global tensions brought on by globalization as they relate to Caribbean dance and tourism. The chapter concludes by offering suggestions for confronting pressures from cultural and economic globalization.

Business models for flight-centric air traffic control

2019 ◽  
Vol 20 (4) ◽  
pp. 319-332
Author(s):  
Engin Zeki ◽  
Paula Leal de Matos ◽  
Kirsteen Purves ◽  
Marco Gibellini
Keyword(s):  
Market Structure ◽  
Traffic Control ◽  
Air Traffic Control ◽  
Business Models ◽  
Service Providers ◽  
Air Traffic ◽  
Market Structures ◽  
New Concepts ◽  
Navigation Service ◽  
The Impact

This article explores the impact that flight-centric air traffic control (ATC), a concept under development, has on ATC market structure and ATC business models. Flight-centric operations bring forth changes in how the stakeholders adapt their roles to the emerging ATC market. We compared current ATC and market structures with the emerging flight-centric concept and analyzed the market changes in structure and competition from the emergence of flight-centric operations using Porter’s five forces model. Four potential business models for flight-centric ATC are identified and described: current air navigation service providers adapt, vertical integration by airlines, new ATC providers, and the network manager as capacity-demand manager. In the final chapter, we briefly describe the future regulation of the market for flight-centric operations. We conclude that new concepts and technologies, such as flight-centric operations, create the necessary dynamics for change in the current market structure by unbundling of the market.

Agent-Based Model of a Blockchain Enabled Peer-to-Peer Energy Market: Application for a Neighborhood Trial in Perth, Australia

Smart Cities ◽  
2020 ◽  
Vol 3 (3) ◽  
pp. 1072-1099 ◽  
Author(s):  
Jacob G. Monroe ◽  
Paula Hansen ◽  
Matthew Sorell ◽  
Emily Zechman Berglund
Keyword(s):  
Electricity Market ◽  
Energy System ◽  
Peer To Peer ◽  
Energy Market ◽  
Energy Trading ◽  
Agent Based ◽  
Trading Systems ◽  
Market Structures ◽  
Trade Offs ◽  
The Impact

The transfer of market power in electric generation from utilities to end-users spurred by the diffusion of distributed energy resources necessitates a new system of settlement in the electricity business that can better manage generation assets at the grid-edge. A new concept in facilitating distributed generation is peer-to-peer energy trading, where households exchange excess power with neighbors at a price they set themselves. However, little is known about the effects of peer-to-peer energy trading on the sociotechnical dynamics of electric power systems. Further, given the novelty of the concept, there are knowledge gaps regarding the impact of alternative electricity market structures and individual decision strategies on neighborhood exchanges and market outcomes. This study develops an empirical agent-based modeling (ABM) framework to simulate peer-to-peer electricity trades in a decentralized residential energy market. The framework is applied for a case study in Perth, Western Australia, where a blockchain-enabled energy trading platform was trialed among 18 households, which acted as prosumers or consumers. The ABM is applied for a set of alternative electricity market structures. Results assess the impact of solar generation forecasting approaches, battery energy storage, and ratio of prosumers to consumers on the dynamics of peer-to-peer energy trading systems. Designing an efficient, equitable, and sustainable future energy system hinges on the recognition of trade-offs on and across, social, technological, economic, and environmental levels. Results demonstrate that the ABM can be applied to manage emerging uncertainties by facilitating the testing and development of management strategies.

Understanding Slow Internet Adoption: ‘Infomediation’ in Ship-Broking Markets

1999 ◽  
Vol 14 (4) ◽  
pp. 399-413 ◽  
Author(s):  
Nikolaos Pisanias ◽  
Leslie Willcocks
Keyword(s):  
Information Exchange ◽  
New Technologies ◽  
Participant Observation ◽  
The Internet ◽  
Information Flows ◽  
Technological Determinism ◽  
Market Structures ◽  
Business Environments ◽  
Internet Application ◽  
The Impact

Debate on the impact of the Internet on socioeconomic and business environments has been dominated by technological determinist perspectives, narrowing the range of discourse around the implications of these new technologies. One important and neglected dimension is the impact on market relationships. Technological determinism suggests that the transactional efficiencies associated with the new medium should have a major impact on market structures. If that argument is correct, the case should be stronger in broking markets where information exchange, information mediation and communication flows are paramount. However, an examination of various broking markets reveals significant differences in the implications of this technological innovation. Drawing upon participant observation research conducted in 1998–99 in the shipbroking market, the paper explores the limitations of the technological determinist perspective and puts forward a model to explore the changing nature and dynamics of market relationships generated by information flows via the Internet. Application of the model helps to locate the reasons for slow adoption of the Internet in ship-broking markets.

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