搜索结果: 1-15 共查到“经济学 Market Power”相关记录17条 . 查询时间(0.167 秒)
Forward Reliability Markets: Less Risk, Less Market Power, More Efficiency
Less Risk Less Market Power
2015/9/18
A forward reliability market is presented. The market coordinates new entry through the
forward procurement of reliability options—physical capacity bundled with a financial
option to supply energ...
A Comparison of Ex Ante versus Ex Post Vertical Market Power: Evidence from the Electricity Supply Industry
Post Vertical Market Power Electricity Supply Industry
2015/7/31
This paper provides a prospective and retrospective quantitative assessment of the impact
of a passive vertical integration between a large electricity retailer and a large electricity
generator i...
A Comprehensive Market Power Mitigation Plan for the California Electricity Market
Comprehensive Market the California Electricity Market
2015/7/31
In its December 15, 2000 Report of the California electricity industry, the Federal Energy
Regulatory Commission (FERC) stated that electricity prices in California during the summer and autumn
of 2...
Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market, 1998–2000
Unilateral Market Power Electricity Markets
2015/7/31
This paper measures the unilateral incentive
each of the five largest electricity suppliers in
California had to exercise market power in the
state’s wholesale market during the four-month
p...
The past two decades of international experience with wholesale electricity markets has
demonstrated that significant co...
UNILATERAL MARKET POWER INWHOLESALE ELECTRICITY MARKETS
ELECTRICITY MARKETS UNILATERAL MARKET
2015/7/31
The role of the regulatory process is to ensure that
the conditions necessary for vigorous competition
exist and to limit the economic harm associated with
the exercise of unilateral market power w...
Regulation and the Leverage of Local Market Power in the California Electricity Market
Market Power Regulation
2015/7/31
Such generators possess ‘local’ monopoly power, and in deregulated settings have frequently
been able to extract significant rents from their advantageous locations within a power
system. Sinc...
Endogenous Participation and Local Market Power in Highway Procurement
Highway Procurement Endogenous Participation
2015/7/17
We use highway procurement data from Michigan to study the e§ect of
Örmsídistances to the auction site on participation and bidding decisions. Motivated
by ìreduced formî evidence, we acco...
The proposed model, while highly
stylized, maintains certain symmetry properties that allow us to obtain
equilibrium existence and uniqueness. We then study the comparative
statics of the model and...
The Apple-Cinnamon Cheerios War:Valuing New Goods,Identifying Market Power,and Economic Measurement
Apple-Cinnamon Cheerios War Valuing New Goods Identifying Market Power Economic Measurement
2015/7/15
The contribution of new goods to economic welfare is a first order question for understanding the growth of modern economies. New attention to this question has improved both our understanding of the ...
Economic Evidence in Antitrust: Defining Markets and Measuring Market Power
Economic Evidence Defining Markets Measuring Market Power
2015/7/15
Antitrust law, policy, and practice are the product of a long and fruitful interdisciplinary collaboration between law and economics. Our chapter addresses an important aspect of that collaboration: t...
A Darker Side to Decentralized Banks:Market Power and Credit Rationing in SME Lending
Geographic Location Customers Financing and Loans Credit Organizational Structure
2015/5/13
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks-where branch managers have greater autonomy over lending deci...
Market Power in Mortgage Lending and the Transmission of Monetary Policy
Mortgages Banking Industry United States
2015/5/12
We present evidence that high concentration in mortgage lending reduces the sensitivity of mortgage rates and refinancing activity to mortgage-backed security (MBS) yields. We isolate the direct effec...
Leveraging Market Power through Tying:Does Google Behave Anti-Competitively?
Antitrust Google Tying Bundling Competitive Strategy Competition Law Information Technology Industry
2015/4/29
I examine Google's pattern and practice of tying to leverage its dominance into new sectors. In particular, I show how Google used these tactics to enter numerous markets, to compel usage of its servi...
A Darker Side to Decentralized Banks:Market Power and Credit Rationing in SME Lending
Organizational Structure Financing and Loans Industry Structures Banks and Banking Banking Industry Mexico
2015/4/22
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks—where branch managers have greater autonomy over lending deci...