The use of long-term contracts in the procurement of coal for electricity generation iscommon. The data that is observed from contracts and their transactions are fromdifferent levels of the pricing process. Contracts contain the parameters by which allfuture deliveries are structured,...

The movement to deregulate major industries over the past 40 years has produced large efficiency gains. However, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information available to market participants through the...

Economic transitions have the potential to displace workers and cause social unrest. Coal mine closures in the eastern United States due to the changing electricity system and the resulting employment losses in rural areas have become salient issues for all levels of government. Previous...