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Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: (i) the...
Persistent link: https://www.econbiz.de/10011025690
Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: (i) the...
Persistent link: https://www.econbiz.de/10011039509
Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: (i) the...
Persistent link: https://www.econbiz.de/10010821534
Persistent link: https://www.econbiz.de/10011149113
This paper assesses the contribution of laboratory experiments to the economics of design applied to the electricity industry. The analysis is dedicated to wholesale markets, and reviews the results accumulated to date concerning both the general architecture of power markets and the very...
Persistent link: https://www.econbiz.de/10010780479
This paper assesses the contribution of laboratory experiments to the economics of design applied to the electricity industry. The analysis is dedicated to wholesale markets, and reviews the results accumulated to date concerning both the general architecture of power markets and the very...
Persistent link: https://www.econbiz.de/10005193234
Persistent link: https://www.econbiz.de/10007383174
Les premières expériences de marché réalisées par Vernon Smith [1962] ont mis en évidence l'importance des institutions de marché pour l'efficacité des échanges. Ces institutions organisent la communication d'information entre les acteurs du marché et structurent les incitations...
Persistent link: https://www.econbiz.de/10010750999
Persistent link: https://www.econbiz.de/10011184229
Les premières expériences de marché réalisées par Vernon Smith [1962] ont mis en évidence l'importance des institutions de marché pour l'efficacité des échanges. Ces institutions organisent la communication d'information entre les acteurs du marché et structurent les incitations...
Persistent link: https://www.econbiz.de/10011025951