February 23, 2005

Difficult Thinking About Institutional Change Ii: Organic Or Ordered Competition?

Lynne Kiesling My first stab at answering the question at the end of my previous post starts with what I think is a basic claim, but one that does not get discussed much, or well, in electricity policy debates: All other things equal, organic competition outperforms ordered/managed competition in delivering long-run dynamic benefits to both …

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Difficult Thinking About Institutional Change Ii: Organic Or Ordered Competition?

Lynne Kiesling My first stab at answering the question at the end of my previous post starts with what I think is a basic claim, but one that does not get discussed much, or well, in electricity policy debates: All other things equal, organic competition outperforms ordered/managed competition in delivering long-run dynamic benefits to both …

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Difficult Thinking About Institutional Change I: A Claim And A Question

Lynne Kiesling Those of you who read KP for commentary and analysis of electricity regulatory policy (and I thank you sincerely for doing so!) have probably noticed a relative dearth of such commentary and analysis in the past couple of months. I can’t speak for Mike, but the truth is that for my part, I …

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Other New Reads

Lynne Kiesling Here’s a placeholder link to some new (to me!) economics and technology sites, until I have time to update the links template: Division of Labour (home of my long-standing and delightful acquaintances Larry White and Deirdre McCloskey, although DM has yet to post) Market Power Economics Roundtable (not really new to me, but …

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