Aguiar, Nayara; Chakraborty, Indraneel; Gupta, Vijay - 2021
-intuitive grid congestion externalities. We derive the conditions under which negative network externalities due to power trades … externalities suggest that new investments in the electric grid infrastructure cannot be made piecemeal. In our example, power … economic challenge is regions facing externalities do not always have the financial ability to invest in infrastructure. Power …