developments in discrete time asset pricing methods based on the notions of stochastic discount factor and of compound …

The present paper attempts at a contribution to peak load pricing, in both theory and application. The general result … question in the literature. It has also been shown that the equity norms are violated in the traditional peak load pricing …

overlooked. To fill this gap, our paper focuses on the pricing behavior of five major power marketers in the California PX during … investigation of energy market pricing manipulation, allows us to assess the level of market power using the conduct parameter … pricing model. The estimated conduct parameter allows us to determine power marketer pricing behavior is competitive, Cournot …

The recent deregulation of the electricity industry and reliance on competitive wholesale markets has generated …, this paper estimates and evaluates the forecasting performance of four ARMAX–GARCH models for five MISO pricing hubs …