January 28, 2008

How Do You Know if a Prediction Market is Any Good?

Michael Giberson If you have a long political memory — say going back about two weeks, which now seems like ages ago — you might remember the furor over the “failure” of polls and prediction markets when Hillary Clinton won the New Hampshire Democratic primary. Prediction markets, the boastful new kid on the block, were …

How Do You Know if a Prediction Market is Any Good? Read More »

What Institutional Framework for Electric Power Transmission?

Michael Giberson From the EU Energy Policy Blog, Thomas-Olivier Léautier contemplates the factors that contribute to efficient investment and management of transmission systems: As power engineers and economists have known for a long-time, the transmission grid is essential to the operation of well-functioning electric power markets. Yet, grid expansion in several regions has been nil …

What Institutional Framework for Electric Power Transmission? Read More »

Texas Electric Choice: The Power is Yours. Use It.

Lynne Kiesling I declare our conference on the experience of electricity restructuring in Texas on Friday at AEI a success! In regulatory policy analysis we usually don’t do a good job of telling the stories of successful institutional change, so I thought it was really important to highlight the Texas experience so that other regulatory …

Texas Electric Choice: The Power is Yours. Use It. Read More »