Title:Predicting Market Power in Wholesale Electricity Markets
Author(s):NEWBERY, DavidDate:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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 ...
Title:Market Power on the Colonial Frontier? Evidence From Sao Paulo 1800-1840
Author(s):FEDERICO, Giovanni; PAIXAO, RicardoDate:2009Type of Publication:ArticleAbstract:Economists often assume that agricultural markets in history were competitive, and all producers received the same price. in contrast, most agricultural historians deem prices to differ among agents, according to their ...