Lynne Kiesling Here’s one reason why I’ve been so incommunicado for the past few weeks: Retail Electricity Deregulation: Prospects and Challenges for Dynamic Pricing and Enabling Technologies, a paper for the new Searle Center Annual Review of Regulation at Northwestern University. Here’s a teaser from the introduction: Optimistic expectations from the 1990s restructuring changes have …
Michael Giberson As observed at Freakonomics, my home town of Falls Church, Virginia is (at present) leading Amazon.com’s contest to be the “The Harry-est Town in America.” Freakonomics puts it concisely: Whichever town pre-orders the most copies of Harry Potter and the Deathly Hallows will receive a $5,000 Amazon gift certificate, to be directed by …
Lynne Kiesling Here it is, the first week in May, and finally we have the whinging and melodrama that I usually associate with March or April (see, for example, the KP archives from March 2004, with lots of gasoline posts): record high gas prices!. Just two weeks ago, the U.S. average for a gallon of …
Michael Giberson I’ve just finished Ken Steiglitz’s book, Snipers, Shills, and Sharks: eBay and Human Behavior. Don’t let the subtitle throw you – the book is neither narrowly limited to eBay nor broadly focused on human behavior. Instead, the book is the best-writted introduction to auction theory I’ve seen. Steiglitz is a Princeton University computer …
Michael Giberson Last December I posted a few comments on a study by John Kwoka that examined the methods of 12 studies on electric power restructuring and found them lacking. Among other things, I said, “Kwoka’s study, funded by the American Public Power Association, did not review the recently completed [study by Scott Harvey, Bruce …
Another Round of “Are We Better Off Because of Power Industry Restructuring?” Read More »
Michael Giberson When it comes to providing for generation resource adequacy in U.S. regional power markets, FERC has generally walked a pretty fine line. On the one hand, FERC has tended to acknowledge the primary role that historically has been played by state law and policy. On the other hand, when regional power markets have …
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