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areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the … experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local … telephony and the electricity sector. Part of the explanation lies in an underestimate of the coordination problems, resulting …
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empirical methods to the analysis of electricity markets, and to evaluate them in light of theoretical considerations and …
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This paper presents an analysis and defense of competition in retail electricity supply. It includes some account of …. The development of this competition illustrates a number of the themes in Israel M. Kirzner’s writing – for example, the … nature of competition as a process over time, the entrepreneurial and learning nature of this process, the role of marketing …
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The ‘standard model’ of electricity reform has been refined in many countries but not extended to others. Government is … supplanting the role of regulation. Revised calculations suggest that the benefits of UK electricity privatisation were higher … been less customer switching in some residential electricity markets. There has been significant development of fixed price …
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from the electricity sector. Adding either a seasonal or an annual NOx cap-and-trade regime in the eastern United States …
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closer look at the transfer-rule?s ecological impacts and competitive effects in the field of electricity generation. The …-rule causes windfall profits for incumbent generators and leads to a significant distortion of competition. This cannot be …
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