they can improve the efficiency of the “pricing production” activities by both reducing the costs of adjusting prices, and … provocative implication of the new theory of pricing, however, is that the allocative efficiency of the price system itself may be …

firms' prediction ability improves allocative efficiency in a competitive economy, but can reduce it when opportunities are … distorted. It is shown that prediction ability can aggravate distortions in the presence of political risk. Because efficiency …

This paper studies the performance of four market protocols with regard to allocative efficiency and other performance …

This paper analyses electricity generation in four Australian states and the Northern Territory in the late 1990s It … finds that productivity growth estimates for electricity generators can change significantly when allowance is made for …

electricity supply. The study finds wide variations in regulatory regimes across economies for each sector. The results suggest a …

The Electricity Bill, 2003 passed by Parliament promises to usher in sweeping changes. The Bill seeks to provide a … integrating the Indian Electricity Act, 1910, the Electricity (Supply) Act, 1948 and the Electricity Regulatory Commissions Act … Power on June 10, 2003. The Electricity Act, 2003 is based on the principles of promoting competition, protecting consumers …