time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate … volatility, with predicted markups that can be even negative in periods of low demand. I show how accounting for startup costs …

We extend existing theoretical frameworks describing electricity markets where each generator provides a Market … Operator (MO) with a supply schedule in advance. The MO combines these with demand forecasts to produce equilibrium prices and …

economies? The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the USA …

This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … of the electricity market in the U.S. as our case study, we find support for our theoretical predictions. Furthermore, we …

We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers’ perceived utility losses from price increases are weighted more heavily than the perceived utility … depends on the consumers’ rational price expectations from the recent past. By implication, demand responses are more elastic …

The paper undertakes a dynamic analysis for service quality in the electricity distribution in Brazil between 2010 and …

role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have … region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non …-gas electricity generation assets in New England that benefit from their gas-fired competitors paying higher fuel input costs. We …

the viewers' equilibrium demand for high quality content. We find that, although consumers dislike advertisements, an …