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Transmission Investment in the Peruvian Electricity Market: Theory and Applications
Rosellón, Juan; Ruiz, Erix - Centro de Investigación y Docencia Económicas (CIDE) - 2011
This research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism —that promotes electricity transmission network expansion— in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines...
Persistent link: https://www.econbiz.de/10010687833
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Transmission Investment in the Peruvian Electricity Market: Theory and Applications
Rosellón, Juan; Ruiz, Erix - Centro de Investigación y Docencia Económicas (CIDE) - 2011
This research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism —that promotes electricity transmission network expansion— in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines...
Persistent link: https://www.econbiz.de/10010823184
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Anticipating Future Expected Utility and Coordination Motives for Information Decisions in Networks
Jiménez-Martínez, Antonio - Centro de Investigación y Docencia Económicas (CIDE) - 2012
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010685978
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Coordination Incentives for Information Acquisition with a Finite Set of Players
Jiménez-Martínez, Antonio - Centro de Investigación y Docencia Económicas (CIDE) - 2011
coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide … the degree of coordination in actions is sufficiently high, then the strategic interaction in the information choice does … not have the same coordination motives as the action choice. Consequently, heterogeneous beliefs can be sustained …
Persistent link: https://www.econbiz.de/10010687832
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Anticipating Future Expected Utility and Coordination Motives for Information Decisions in Networks
Jiménez-Martínez, Antonio - Centro de Investigación y Docencia Económicas (CIDE) - 2012
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010699628
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Coordination Incentives for Information Acquisition with a Finite Set of Players
Jiménez-Martínez, Antonio - Centro de Investigación y Docencia Económicas (CIDE) - 2011
coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide … the degree of coordination in actions is sufficiently high, then the strategic interaction in the information choice does … not have the same coordination motives as the action choice. Consequently, heterogeneous beliefs can be sustained …
Persistent link: https://www.econbiz.de/10010735060
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Strategic Information Acquisition in Networked Groups with “Informational Spillovers”
Jiménez-Martínez, Antonio - Centro de Investigación y Docencia Económicas (CIDE) - 2009
This paper develops a model of costly information acquisition by agents who are connected through a network. For a exogenously given network, each agent decides first on information acquisition from his neighbors and then, after processing the information acquired, takes an action. Each agent is...
Persistent link: https://www.econbiz.de/10010823302