| Article ID: | iaor20115943 |
| Volume: | 39 |
| Issue: | 7 |
| Start Page Number: | 4077 |
| End Page Number: | 4088 |
| Publication Date: | Jul 2011 |
| Journal: | Energy Policy |
| Authors: | Abada Ibrahim, Massol Olivier |
| Keywords: | energy, retailing |
• We model retail competition using a Nash‐Cournot framework. • Risk‐neutral retailers decide their import policy among a set of risky producers. • Case 1: the German gas trade of the 1980s to understand the gas sources' choices. • Case 2: the current Bulgarian gas trade to study the market properties. • Conclusions about the market regulation for welfare optimization reasons.