This paper aims to analyse the information asymmetry as a source of inefficiencies to the Brazilian Power Industry. This article focuses on the currently adopted prices formation model based on operation costs minimization without price bidding. We show that the use of adverse selection, by...

The reform process that the Brazilian electric industry has been undergoing since the mid 90’s suffered a great inflection after the energy rationing of 2001 and the financial crisis of 2002 that followed it. The privatization programs initiated in the previous decade were suspended, which led...

We analyze the effect of two 2012's regulatory measures in the Brazilian telecommunications and electricity markets. The first intervention was undertaken by the telecommunications regulatory agency (Anatel) in 18th of July and refers to the interruption of the sales of important...

We analyze the effect of two 2012's regulatory measures in the Brazilian telecommunications and electricity markets. The first intervention was undertaken by the telecommunications regulatory agency (Anatel) in 18th of July and refers to the interruption of the sales of important...

This paper aims at presenting electricity negotiation alternatives in Brazil, which have resulted from a decade of structural and institutional reforms. With the purpose of achieving that, the specific characteristics of the Brazilian electric industry, the international experience and the...

In order to stimulate the quality of the service, ANEEL introduced penalties in the contracts with the concessionaires of public services of transmission of electric energy in the case which the transmission facilities are turned off, be for accident or for maintenance. In this sense, a variable...

This paper comprises a suggested modus operandi to analyze the efficiency of the Brazilian electrical sector distributing companies based on the econometrics study of information and data that directly affect distributing companies´ efficiency, such as operational cost, amount of employees,...

Raising the public administration's efficiency is, without any doubt, one of the greatest challenges nowadays in Brazil. The State's technical and allocative efficiency dimensions necessarily require efficiency of public agencies in the acquisition of inputs for their production and supply...

This study investigates the determinants of the great difference between winning bids and reserve prices in the transmission electricity sector in Brazil between 1999- 2010, through an econometric approach based on Heckman (1979) that considers the heterogeneous among the winner's and loser's...

This study investigates the determinants of the great difference between winning bids and reserve prices in the transmission electricity sector in Brazil between 1999- 2010, through an econometric approach based on Heckman (1979) that considers the heterogeneous among the winner's and loser’s...