January 2007

NYT on Electricity: Metering and Asymmetric Information in Retail Markets

Lynne Kiesling Monday’s front-page article on electricity metering and pricing by David Cay Johnston highlights two important developments in modernizing electricity policy. One overarching theme in the article is that markets cannot function up to their potential when buyers and sellers face systematic asymmetric information. In the case of electricity, retail customers do not see …

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Tri-Shark 2007

Lynne Kiesling I signed up for my first planned trathlon of 2007 today: Tri Shark Sprint Triathlon, 2 June 2007. Off-season training is going well, although I’ve been a bit lacking in motivation during the past two weeks. One of the Christmas presents in the KP house was a “killer headwind” attachment to our bike …

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