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Ownership selection in the US electric utility industry

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Tacit Collusion in Real-Time U.S. Electricity Auctions

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The theory of infinitely repeated games finds that players will likely learn to collude, given sufficient incentive to do so, enabling them to capture greater payoffs than those attainable in the static setting. The theory posits that cooperation can arise in this framework if individuals...

Persistent link: https://www.econbiz.de/10014176932