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We present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent...
Persistent link: https://www.econbiz.de/10014048243
The Smart Grid Interoperability Laboratory (SGIL) is situated in two sites of the Joint Research Centre of the European Commission, namely Ispra (Italy) and Petten (The Netherlands). The lab belongsto the Energy Security, Distribution and Markets Unit and the activities vary from energy...
Persistent link: https://www.econbiz.de/10015321901
Part I Smart Grid Economics -- Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing), Demand Response -- Part II Field Experimental Economics -- Chapter 2 Economics of Field Experiment: History of Field Experiment, especially in Energy and Environmental...
Persistent link: https://www.econbiz.de/10014447351
Low-quality infrastructure services are persistent in developing countries, a situation mainly affecting the poorest households in contexts of high rates of informal access and heavily subsidized services. This paper exploits choice experiments, specifically designed for formal and informal...
Persistent link: https://www.econbiz.de/10011715694
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be ranked by their theoretical allocative efficiency. According to the theory, both versions of proportional service … predicted by theory. In spite of its theoretical superiority to random interruption and priority service, the proportional …
Persistent link: https://www.econbiz.de/10015390132
theory. The theory predicts that forward premia in electricity markets are determined by the statistical properties of demand …
Persistent link: https://www.econbiz.de/10012832110
We use a field experiment to study price discrimination in a market with price posting and negotiation. Motivated by concerns that low-income consumers do poorly in markets with privately-negotiated prices, we built a call center staffed with actors armed with bargaining scripts to reveal the...
Persistent link: https://www.econbiz.de/10012890707
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