Similar Search Results

Fabra, Natalia; Fehr, Nils-Henrik von der; Harbord, David - EconWPA - 2002

productive efficiency is ambiguous. The comparative effects of other market design features, such as the number of steps in …

Persistent link: https://www.econbiz.de/10005135073

Privatization, Corporate Control and Regulatory Reform: The case of Telefonica

Bel, Germa; Trillas, Francesc - EconWPA - 2004

This study analyzes the interaction of agency problems in public policy and of agency problems inside the firm: it investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization were designed to promote a disperse ownership and...

Persistent link: https://www.econbiz.de/10005413213

Powering a Green Progress: The Effect of Electricity Deregulation on Environmental Research

Sanyal, Paroma - EconWPA - 2005

This paper analyzes the impact of changing market structure on environmental research expenditure by investor owned utilities in the US electricity sector for the period 1989-1997. The main finding suggests that after controlling for firm characteristics and the “greenness” of the state,...

Persistent link: https://www.econbiz.de/10005561451

Market Power and Efficiency in a Computational Electricity Market with Discriminatory Double-Auction Pricing

Nicolaisen, James; Petrov, Valentin; Tesfatsion, Leigh - EconWPA - 2000

This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market … microstructure is strongly predictive for the relative market power of buyers and sellers, and that high market efficiency is … social mimicry learning via a genetic algorithm. However, market efficiency is substantially reduced. …

Persistent link: https://www.econbiz.de/10005412999

Manipulated, Misled, Ignored, Abused: Residential Consumer Experience with Electric Deregulation in the United Kingdom

Jewell, Kevin - EconWPA - 2004

The United Kingdom began deregulating its electric market years before the U.S. Thus, the UK provides the best example of what can be expected in the deregulated residential retail electric market in the United States. . An extensive review of the evidence found: Questionable price savings:...

Persistent link: https://www.econbiz.de/10005076594

Vertical Restructuring of the Infrastructure Sectors of Transition Economies

Pittman, Russell - EconWPA - 2001

One important determinant of the speed and success of transition will be the efficiency of transformation and …

Persistent link: https://www.econbiz.de/10005134435

An Economic Evaluation of Small-scale Distributed Electricity Generation Technologies

Hansen, Chris; Bower, John - EconWPA - 2004

Numerous renewable and small-scale distributed generation (DG) technologies have now progressed to the stage where their technical feasibility has been proven and full-sclae projects have been successfully implemented worldwide. This paper surveys the available DG technologies and models their...

Persistent link: https://www.econbiz.de/10005062478

Modeling Electricity Auctions

Harbord, David; Fabra, Natalia; Fehr, Nils-Henrik von der - EconWPA - 2002

The recent debates over discriminatory versus uniform-price auctions in the UK and elsewhere have revealed an incomplete understanding of the limitations of some popular auction models when applied to real-world electricity markets. This has led certain regulatory authorities to prefer...

Persistent link: https://www.econbiz.de/10005407509

Modeling highly volatile and seasonal markets: evidence from the Nord Pool electricity market

Weron, Rafal; Simonsen, Ingve; Wilman, Piotr - EconWPA - 2003

In this paper we address the issue of modeling spot electricity prices. After analyzing factors leading to the unobservable in other financial or commodity markets price dynamics we propose a mean reverting jump diffusion model. We fit the model to data from the Nord Pool power exchange and find...

Persistent link: https://www.econbiz.de/10005407920

On detecting and modeling periodic correlation in financial data

Broszkiewicz-Suwaj, Ewa; Makagon, Andrzej; Weron, Rafal; … - EconWPA - 2005

For many economic problems standard statistical analysis, based on the notion of stationarity, is not adequate. These include modeling seasonal decisions of consumers, forecasting business cycles and - as we show in the present article - modeling wholesale power market prices. We apply standard...

Persistent link: https://www.econbiz.de/10005407946

1
2
3
4
5
6
7
8
9
10
Next
Last