market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …

market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …

When deciding whether to introduce market competition into a regulated industry, a regulator faces an important … impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups … dominates despite modest efficiency gains, leading to higher consumer prices. Deregulation does not necessarily reduce prices …

new estimation approaches and compare them to the currently applied benchmark method. We test the performance of all the … approach significantly, reducing the mean absolute estimation error from 11.53 €/MWh to 2.77 €/MWh for our most precise …

structural estimation model of household electricity demand and analyze a data set from an Irish field experiment, consisting of …

nor on estimation of demand or marginal cost functions. …

Supplier Index, which are utilized in a Cournot competition model to structurally estimate price elasticity of demand during …