Horizontal shifts in bid curves observed in wholesale electricity markets are consistent with Cournot competition …. Quantity competition reduces the informational requirements associated with evaluating market performance because the markups …

strongly diminished by competition among CPs, and when consumers are not highly sensitive to content availability. We therefore …

We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …