Results 231 to 240 of about 55,332 (269)
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SSRN Electronic Journal, 2023
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Spot Market Power and Futures Market Trading [PDF]
When a spot market monopolist participates in the futures market, he has an incentive to adjust spot prices to make his futures market position more pro…table. Rational futures market makers take this into account when they set prices. Spot market power thus creates a moral hazard problem which parallels the adverse selection problem in models with ...
Stephen Shore, Alexander Muermann
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Marketable Permits, Market Power, and Cheating
Journal of Environmental Economics and Management, 1996zbMATH Open Web Interface contents unavailable due to conflicting licenses.
van Egteren, Henry, Weber, Marian
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Economica, 1978
I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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Market power, market power mitigation, and efficiency
IEEE PES General Meeting, 2010In this panel session paper, we discuss the interaction of market power in electricity markets, market power mitigation procedures in place in various independent system operators in North America, particularly in the context of transmission constraints, and the efficiency of the markets.
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Finding Market Power in Electric Power Markets
International Journal of the Economics of Business, 2000As part of the regulatory review of electric utility mergers in the United States, the Federal Energy Regulatory Commission requires utilities to submit market power studies. The Commission has specified a detailed method for calculating market concentration in these studies.This paper shows that one can simulate the actual price effects from the ...
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Reactive power market design and its impact on market power
2008 IEEE Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008As one of the recognized ancillary services, reactive power support and voltage control plays a vital role in power system operation. Due to its importance in maintaining system security, reactive power continues to be procured by most system operators with limited financial compensation mechanisms.
Zhong, J, Bhattacharya, K
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Journal of Economic Theory, 2011
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Weargue that in market democracies firms can wield political power through a mechanism that does not rely on lobbying, campaign contributions, or persuasion. Whenvoters cannot commit to future regulation, firms can use irreversible techno-logical investments to reshape ex-post political incentives.
Gratton, Gabriele, Lee, Barton
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Gratton, Gabriele, Lee, Barton
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Market power in the Philippine power market
2009The Philippine electricity market is in a period of transition as the restructuring provisions of the Electric Power Industry Reform Act (EPIRA) of 2001 are being implemented. Under current structure, the market is highly concentrated, indicating the existence of market power.
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