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搜索结果: 1-15 共查到经济学 Market Power相关记录17条 . 查询时间(0.146 秒)
Forward Reliability Markets: Less Risk, Less Market Power, More Efficiency     Less Risk  Less Market Power       font style='font-size:12px;'> 2015/9/18
A forward reliability market is presented. The market coordinates new entry through the forward procurement of reliability options—physical capacity bundled with a financial option to supply energ...
This paper provides a prospective and retrospective quantitative assessment of the impact of a passive vertical integration between a large electricity retailer and a large electricity generator i...
In its December 15, 2000 Report of the California electricity industry, the Federal Energy Regulatory Commission (FERC) stated that electricity prices in California during the summer and autumn of 2...
This paper measures the unilateral incentive each of the five largest electricity suppliers in California had to exercise market power in the state’s wholesale market during the four-month p...
Managing Unilateral Market Power in Electricity     Electricity  Unilateral Market       font style='font-size:12px;'> 2015/7/31
The past two decades of international experience with wholesale electricity markets has  demonstrated  that  significant  co...
UNILATERAL MARKET POWER INWHOLESALE ELECTRICITY MARKETS     ELECTRICITY MARKETS  UNILATERAL MARKET       font style='font-size:12px;'> 2015/7/31
The role of the regulatory process is to ensure that the conditions necessary for vigorous competition exist and to limit the economic harm associated with the exercise of unilateral market power w...
Such generators possess ‘local’ monopoly power, and in deregulated settings have frequently been able to extract significant rents from their advantageous locations within a power system. Sinc...
We use highway procurement data from Michigan to study the e§ect of Örmsídistances to the auction site on participation and bidding decisions. Motivated by ìreduced for evidence, we acco...
A MODEL OF MARKET POWER IN CUSTOMER MARKETS     CUSTOMER MARKETS  MARKET POWER       font style='font-size:12px;'> 2015/7/17
The proposed model, while highly stylized, maintains certain symmetry properties that allow us to obtain equilibrium existence and uniqueness. We then study the comparative statics of the model and...
The contribution of new goods to economic welfare is a first order question for understanding the growth of modern economies. New attention to this question has improved both our understanding of the ...
Antitrust law, policy, and practice are the product of a long and fruitful interdisciplinary collaboration between law and economics. Our chapter addresses an important aspect of that collaboration: t...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks-where branch managers have greater autonomy over lending deci...
We present evidence that high concentration in mortgage lending reduces the sensitivity of mortgage rates and refinancing activity to mortgage-backed security (MBS) yields. We isolate the direct effec...
I examine Google's pattern and practice of tying to leverage its dominance into new sectors. In particular, I show how Google used these tactics to enter numerous markets, to compel usage of its servi...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks—where branch managers have greater autonomy over lending deci...

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