Browsing RSCAS Working Papers by Subject "multi-unit auction"

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Title: How Do Firms Exercise Unilateral Market Power? Evidence from a Bid-Based Wholesale Electricity Market Author(s): MCRAE, Shaun D.; WOLAK, Frank A. Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: This paper uses the framework in Wolak (2003a,b and 2007) and data on half-hourly offer curves and market-clearing prices and quantities from the New Zealand wholesale electricity market over the period January 1, 2001 to ...

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