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Energy Transitions in Regulated Markets
Gowrisankaran, Gautam; Langer, Ashley; Reguant, Mar - National Bureau of Economic Research - 2024
electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during …
Persistent link: https://www.econbiz.de/10014468287
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Transmission Impossible? Prospects for Decarbonizing the US Grid
Davis, Lucas W.; Hausman, Catherine; Rose, Nancy L. - National Bureau of Economic Research - 2023
Encouraged by the declining cost of grid-scale renewables, recent analyses conclude that the United States could reach net zero carbon dioxide emissions by 2050 at relatively low cost using currently available technologies. While the cost of renewable generation has declined dramatically,...
Persistent link: https://www.econbiz.de/10014322765
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Bridging the Gaps : The Impact of Interregional Transmission on Emissions and Reliability
Botterud, Audun; Knittel, Christopher R.; Parsons, John E. - National Bureau of Economic Research - 2024
The substantial decline in the cost of wind and solar generation over recent decades has significantly altered the energy landscape. With these technologies becoming economically viable, even without stringent decarbonization policies, the role of interregional transmission has become...
Persistent link: https://www.econbiz.de/10015072937
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The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry
Borenstein, Severin - 1997
In an unregulated electricity generation market, the degree to which generators in" different locations compete with one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission capacity on competition among" generators. We show that...
Persistent link: https://www.econbiz.de/10012472520
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The Effects of Short-Term Rental Regulation : Insights from Chicago
Jin, Ginger Zhe; Wagman, Liad; Zhong, Mengyi - National Bureau of Economic Research - 2024
We provide an in-depth study of short-term rental (STR) regulation in Chicago. While many municipalities choose between …
Persistent link: https://www.econbiz.de/10014576565
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Restrict the Middleman? : Quantitative Models of PBM Regulations and Their Consequences
Mulligan, Casey B. - National Bureau of Economic Research - 2023
This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price … "rebate traps." Applicable types of regulation include rebate rules, such as the HHS rebate rule and the Insulin Act …
Persistent link: https://www.econbiz.de/10014247918
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Secrecy Rules and Exploratory Investment : Theory and Evidence from the Shale Boom
Covert, Thomas R.; Sweeney, Richard L. - National Bureau of Economic Research - 2022
We analyze how information disclosure policy affects investment efficiency in non-cooperative settings with information externalities. In a two-firm, two-period model, we characterize equilibrium behavior under policies which disclose whether investment returns exceed a predefined level. These...
Persistent link: https://www.econbiz.de/10013435110
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Economic Research on Privacy Regulation : Lessons from the GDPR and Beyond
Johnson, Garrett - National Bureau of Economic Research - 2022
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
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Regulating the Direction of Innovation
Gans, Joshua - National Bureau of Economic Research - 2024
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704
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Using Satellite Imagery and Machine Learning to Estimate the Livelihood Impact of Electricity Access
Ratledge, Nathan; Cadamuro, Gabriel; Cuesta, Brandon de la - National Bureau of Economic Research - 2021
In many regions of the world, sparse data on key economic outcomes inhibits the development, targeting, and evaluation of public policy. We demonstrate how advancements in satellite imagery and machine learning can help ameliorate these data and inference challenges. In the context of an...
Persistent link: https://www.econbiz.de/10012629457