substitute energy at or below current market prices for oil. Six additional locations - Ellsworth, Luke, Williams, Bliss, Fallon … be economically competitive with natural gas at current controlled prices. Generation of electric power at the locations …

corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot …

(CIA) and Energy Information Agency (EIA) forecasting models of world oil prices is presented. This comparison consists of … encompassing. In particular, the analysis does not provide data on crude oil prices in the spot market, but does provide … changes in oil prices. Throughout this paper, world oil prices are defined in terms of real 1978 dollars per barrel of crude …

, macroeconomic forecasts of individual subsector growth rates and energy prices can then be combined with endogenous forecasts of …

, macroeconomic forecasts of individual subsector growth rates and energy prices can then be combined with endogenous forecasts of …

markets based on wages and prices. Firms experiment with prices and employment levels to maximize their profits. We developed …-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment, but also suffer …

multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment …. However, we find that competition also leads to churn by consumers seeking lower prices, making it difficult for firms to … optimize with respect to wages, prices, and employment levels. Thus, competitive firms generate market ''noise'' in the steady …