Browsing Working Papers by Subject "market power"

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Title: Structural versus Behavioral Measures in the Deregulation of Electricity Markets: An Experimental Investigation Guided by Theory and Policy Concerns Author(s): VAN KOTEN, Silvester; ORTMANN, Andreas Date: 2011-02-25 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: We try to better understand the comparative advantages of structural and behavioral measures of deregulation in electricity markets, an eminent policy issue for which the experimental evidence is scant and problematic. ...
Title: Predicting Market Power in Wholesale Electricity Markets Author(s): NEWBERY, David Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: The traditional measure of market power is the HHI, which gives implausible results given the low elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the ...

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