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Ventes liées et concurrence sur les marchés énergétiques

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  • Marion Podesta

Abstract

This paper analyzes the impact of an increase in competition on the bundle strategies in energy markets. In the monopoly case, the mixed bundling strategy is efficient. However, in oligopolistic environment bundling can reduce profits. Through a discrete choice model, we show that adopting an independent pricing strategy, for electricity and gas, is a Nash equilibrium for a duopoly and this outcome is Pareto dominating. Nevertheless, the entry of a third firm in only one market makes bundling strategies more attractive but incumbent firms are in a prisoner dilemma situation. They would be better off if bundling was not be possible.

Suggested Citation

  • Marion Podesta, 2011. "Ventes liées et concurrence sur les marchés énergétiques," Revue d'économie industrielle, De Boeck Université, vol. 0(1), pages 79-98.
    • Handle: RePEc:cai:reidbu:rei_133_0079
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    Keywords

    Competition; Bundling; Energy Markets;
    All these keywords.

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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