| Tekijä: | Midttun, A. Bakken, B. Wenstop, F. |
| Otsikko: | Rational, emotional and normfollowing actors and liberal free trade in the Norwegian electricity market |
| Lehti: | Human Systems Management
1996 : VOL. 15:3, p. 187-200 |
| Asiasana: | NORWAY ELECTRICITY FREE TRADE |
| Kieli: | eng |
| Tiivistelmä: | This article explores the implications of different behavioral assumptions for market outcomes. This is done by modeling emotionally and normatively oriented actors alongside the "rational" economic ideal type in a system dynamics simulation of a free trade market. The simulation exercise has a concrete case focus, as the model incorporates stylized elements of the Norwegian electricity market, which is a free trade market with a large number of buyers and sellers, claim the authors of the present article. |
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