haku: @all regulation / yhteensä: 305
viite: 297 / 305
Tekijä: | Giulietti, M. Waddams Price, C. Waterson, M. |
Otsikko: | Consumer choice and competition policy: a study of UK energy markets |
Lehti: | Economic Journal
2005 : OCT, VOL. 115:506, p. 949-968 |
Asiasana: | consumer choice energy industry |
Vapaa asiasana: | competition policy |
Kieli: | eng |
Tiivistelmä: | This article presents an investment model of the switching choise in the UK residential natural gas market to show how consumer choise is increasingly recognised as a crucial factor in competition policy. The authors examine responses to a specially commissioned survey of nearly seven hundred consumers, identifying search and switching costs. The authors deduce that the incumbent retained considerable market power suggests continued regulation may be necessary. |
SCIMA