March 12, 2007

The Role of Market Monitors in Electric Power Networks

Michael Giberson Economists have devoted a great deal of attention to market power in electric power markets in the somewhat general, structural sense, but very little of that work focuses much attention on networked-nature of the industry. The network matters a lot – that’s one of the views well articulated in the Thomas, et al., …

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Fundamentals of Spring Gasoline Price Increases

Lynne Kiesling The following is a post I wrote in March 2004 about the regular, annual, seasonal rise in gasoline prices that always occurs at this time of year. I am reposting it here because it generally still applies, and I am inserting some updated comments in bold below. Being systematic, here are the primary …

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