Group for Research in Decision Analysis


Transportation and storage under a dynamic price cap regulation process


We study the welfare effects of Price Cap Regulation (PCR) and the strategic behaviour it may induce in gas transportation networks by analyzing a stylized gas network within the framework of a multi-period game model under three scenarios: No regulation, a dynamic setting where the price cap adjustment mechanism is not endogenized by the players, and a dynamic setting where it is endogenized by the players.

, 36 pages

This cahier was revised in July 2011