Brigham, Bitten and Waterson, Michael (2003) Strategic change in the market for domestic electricity in the UK. Discussion Paper. [Warwick Business School, Centre for Management under Regulation].

Preview

PDF WRAP_Waterson_2003_stategic_change.pdf - Requires a PDF viewer. Download (186Kb)

Request Changes to record.

Abstract

This paper examines developments in the market for domestic electricity supply in the UK since September 1998 when the market was thrown over to competition using a variety of sources including firm interviews and a consumer questionnaire. We find that there was a substantial amount of entry, but that there has since been significant consolidation. There is still a substantial gap between the prices set by a firm in its incumbent area and prices obtainable from entrants to the market. There is no evidence
that the market is near to Bertrand in operation.

Item Type:	Working or Discussion Paper (Discussion Paper)
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH):	Electric utilities -- Great Britain, Public utilities -- Deregulation -- Great Britain, Competition -- Great Britain
Publisher:	[Warwick Business School, Centre for Management under Regulation]
Official Date:	February 2003
Dates:	Date Event February 2003 UNSPECIFIED
Number of Pages:	20
Institution:	University of Warwick
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access
Funder:	Leverhulme Trust (LT), Electricity Association Fuel Poverty Task Force
Grant number:	F215/AX

Request changes or add full text files to a record

Repository staff actions (login required)

View Item

Downloads