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Luke Garrod, Matthew Olczak and Chris Wilson

Articles by this author (1)

Rockets and Feathers in the UK Energy Market: Cartel or Competition?

by Luke Garrod, Matthew Olczak and Chris Wilson    17 August 2017    0

In many markets, there is a common phenomenon that, for a given change in costs, prices tend to rise more quickly when costs increase than they fall when costs decrease. As evident in some recent price rises in the UK energy market, this "rockets and feathers" pricing pattern is often claimed (...)