$2.00 Gas! Studying the Effects of Gas Tax Moratorium
Posted on January 6th, 2022 by tagadminDespite the considerable attention paid to the theory of tax incidence, there are surprisingly few estimates of the pass-through rate […]
READ moreMarket Power in a Storable-good Market: Theory and Applications to Carbon and Sulfur Trading
Posted on January 6th, 2022 by tagadminWe consider a market for storable pollution permits in which a large agent and a fringe of small agents gradually […]
READ moreElectricity Internal Market in the European Union: What to do next?
Posted on January 6th, 2022 by tagadminThe European Union’s “internal energy market” remains a work in progress. It is even possible its construction were to stall. […]
READ moreIncentive Regulation in Theory and Practice: Electricity Distribution and Transmission Networks
Posted on January 6th, 2022 by tagadminModern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying […]
READ moreOil and Natural Gas Reserve Prices: Addendum to CEEPR WP 03-016: Including Results for 2003 and Revisions to 2001
Posted on January 6th, 2022 by tagadminIntroduction. A working paper entitled “Oil and Natural Gas Reserve Prices 1982-2002: Implications for Depletion and Investment Cost” was published […]
READ moreMarkets for Power in the United States: An Interim Assessment
Posted on January 6th, 2022 by tagadminThe transition to competitive wholesale and retail markets for electricity in the U.S. has been a difficult and contentious process. […]
READ moreWelfare-enhancing Collusion in the Presence of a Competitive Fringe
Posted on January 6th, 2022 by tagadminFollowing the structure of many commodity markets, we consider a reduced number of large firms and a competitive fringe of […]
READ moreWhat Should the Government Do to Encourage Technical Change in the Energy Sector?
Posted on January 6th, 2022 by tagadminGovernment support of innovation – both technology creation and technology demonstration – is desirable to encourage private investors to adopt […]
READ moreRegulation of Natural Monopolies
Posted on January 6th, 2022 by tagadminThis chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural monopolies. It covers […]
READ moreDiversification and the Value of Exploration Portfolios
Posted on January 6th, 2022 by tagadminConventional wisdom holds that dependence among geological prospects increases exploration risk. However, dependence also creates the option to truncate exploration […]
READ moreForward Trading and Collusion in Oligopoly
Posted on January 6th, 2022 by tagadminWe consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing […]
READ moreThe Efficiency and Robustness of Allowance Banking in the U.S. Acid Rain Program
Posted on January 6th, 2022 by tagadminThis paper provides an empirical evaluation of the efficiency of allowance banking (i.e., abating more in early periods in order […]
READ morePatterns of Transmission Investment
Posted on January 6th, 2022 by tagadminThis paper examines a number of issues associated with alternative analytical approaches for evaluating investments in electricity transmission infrastructure and […]
READ moreElectricity Market Reform in the European Union: Review of Progress toward Liberalization & Integration
Posted on January 6th, 2022 by tagadminThe energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This […]
READ moreA Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems
Posted on January 6th, 2022 by tagadminThe paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing […]
READ moreA Residential Energy Demand System for Spain
Posted on January 6th, 2022 by tagadminSharp price fluctuations and increasing environmental and distributional concerns, among other issues, have led to a renewed academic interest in […]
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