case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated …

household electricity consumption. These programs are designed to increase awareness of household energy consumption with … but participated later. The evidence suggest that the customers who participated in the survey reduced their electricity …

. Frictions in the market for deposits create rents in the financial sector that affect workers' choice of occupation. When rents …, thereby causing rational bubbles to lose their efficiency properties. Moreover, if speculation can be carried out by skilled …

This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …

representations are not compatible with each other. We develop a search-theoretic model of contractual dualism in the labor market … where the inability to commit to contracts in the informal sector leads to employer market power in equilibrium, while an … enforced minimum wage in the formal sector provides employers with a commitment technology but which reduces their market power …

, leading a small number of highly profitable (and low labor share) firms to command growing market share. Building on Autor et …

firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …

What are the welfare implications of labor market power? We provide an answer to this question in two steps: (1) we … develop a tractable quantitative, general equilibrium, oligopsony model of the labor market, (2) we estimate key parameters … using within-firm-state, across-market differences in wage and employment responses to state corporate tax changes in U …

democracy, subjects first earn their income by trading in a double auction market and thereafter vote on redistributive policies … candidates are possible – with little effect on market efficiency. Overall, the experimental results are explained by our …