October 6, 2009

Does Ferc Have Jurisdiction over Installed Capacity Requirements in Wholesale Power Systems?

Michael Giberson Does the Federal Energy Regulatory Commission’s (FERC) asserted authority over the Installed Capacity Requirement, on the ground that it is “a practice affecting rates,” contravene the Federal Power Act’s specific limits on FERC’s authority, and express preservation of State authority over generation facilities and system adequacy? That is the question for the U.S. …

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Did Prediction Markets Miss the Call on Chicago’s Olympic Bid?

Michael Giberson The IOC recently selected Rio de Janerio over three competing bids to host the 2016 summer Olympic games.  The Chicago bid was favored in public prediction markets, with prices at Intrade between 50 and 60 at the time of decision and prices at Betfair implying about a 50 percent chance.  Did the prediction …

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