We set up a static model of electricity provision in which delivery to consumers is only imperfectly reliable …

reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of … these characteristics over time and across situations. We find high reliability and that individual characteristics are …

fact, we obtain a revealed-preference estimate of the willingness to pay for electricity reliability, the Value of Lost … Load, a key parameter for electricity market design. Our estimate, with an average of $4,980/MWh, suggests California …’s wildfire-prevention outages resulted in losses from foregone consumption of $406 million to residential electricity consumers. …

transmitter incentive schemes, information about the reliability of a forecast is lost in transmission more than twice as much as …

Recent large-scale replications of social science experiments provide important information on the reliability of …

We study the dual relationship between market structure and prices and between market structure and investment in … mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across … 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices …

firms' revenue, quantity and prices to estimate TFP and TFP-R and decompose the latter into various elements. Our analysis … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …, despite higher prices. These and other results we document suggest that firms in denser areas are able to charge higher prices …

Prices, and reduces price volatility. Our findings are important for emission trading schemes worldwide, such as California …