Natural gas trading in Europe in terms of market disequilibrium

Yuli Radev

Economic Thought journal, 2014, issue 4, 3-18, 19-33

Abstract: The paper deducts the models of the static and dynamic disequilibrium on the base of more careful presentation of the classical concepts of market equilibrium, looking for the common origin, and the process of negotiation. The theory of disequilibrium is integrated with empirical researches of the gas sector in Europe, resulting in generalized comments.

JEL-codes: B13 C23 H21 L24 L95 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2014:i:4:p:3-18,19-33

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