Abstract
A failure of the price mechanism in the gas market cannot be ruled out. The article explains how a market collapse can occur and what effects even the possibility of such a collapse can have. It explains the essential elements that an economic framework should have in the shadow of a possible market collapse.
Language: German
Page range: 29 - 32
Published on: Jan 24, 2023
Published by: ZBW – Leibniz-Informationszentrum Wirtschaft
In partnership with: Paradigm Publishing Services
Publication frequency: 12 issues per year
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© 2023 Axel Ockenfels, Achim Wambach, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.