The Energy Bills And The Administration’s Proposal Are Static And Backward-looking

My colleague Adrian Moore and I argue in this policy analysis, published by the Institute for Research on the Economics of Taxation, that the administration’s proposal and the House and Senate versions of the energy bill retain too much government manipulation of markets, and fail to recognize the range of institutional approaches available to address … More The Energy Bills And The Administration’s Proposal Are Static And Backward-lookingMore The Energy Bills And The Administration’s Proposal Are Static And Backward-looking

The Consequences Of Failing To Do Sound Economic Institutional Analysis:

As I argue in this presentation delivered last week at the Ronald Coase Institute Workshop on Institutional Analysis, the bifurcated PX/ISO pool trading structure created a myriad of incentives for both buyers and sellers to behave strategically. Furthermore, because I was making a methodological point to the students, better institutional analysis could have lessened or … More The Consequences Of Failing To Do Sound Economic Institutional Analysis:More The Consequences Of Failing To Do Sound Economic Institutional Analysis: