Retail Competition in Electric Power: The Chicago Cubs Go Shopping

Lynne Kiesling The Chicago Cubs will buy their power from Constellation New Energy, a competing retailer in Illinois (as well as several other states). Constellation will purchase the power from generators, transmit it to the local distribution network, where they will pay ComEd to distribute it to 1060 W. Addison St. [Note: technically, because of … More Retail Competition in Electric Power: The Chicago Cubs Go ShoppingMore Retail Competition in Electric Power: The Chicago Cubs Go Shopping

Wanted: Economic Analysis of Urban Rail Transportation

Lynne Kiesling One of the big stories in Chicago at the moment is the Chicago Transit Authority (CTA), its expenditures, and its management decisions. Last week I mentioned the ongoing construction and expansion of the Brown Line stations, as well as Time Out Chicago’s set of feature articles. But there’s more frustration and discontent simmering … More Wanted: Economic Analysis of Urban Rail TransportationMore Wanted: Economic Analysis of Urban Rail Transportation

Accenture Chicago Triathlon 2006

Lynne Kiesling Sunday was the Accenture Chicago Triathlon. I had been hesitating to do this event for years because of the sheer mass of humanity: this year there were 8,000 athletes and 500,000 spectators. Happily, my sprint-distance wave was not too congested, and I was more able to swim than I expected. I had more … More Accenture Chicago Triathlon 2006More Accenture Chicago Triathlon 2006

SOME CHICAGO LINKS

Lynne Kiesling Chicagoist has a couple of good posts up right now, including this one on chef Charlie Socher, whose Café Matou is in the regular KP rotation. Socher has a new restaurant in Lincoln Square, Charlie’s on Leavitt, that will be on the short list to try when I get home. They also link … More SOME CHICAGO LINKSMore SOME CHICAGO LINKS

HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUE

Lynne Kiesling One of the most fascinating phenomena to be analyzed using industrial organization is the clustering of competing retailers. Ask yourself: why do Oriental rug stores all cluster in the same block? And what about car dealers? Don’t you want to be farther away from your competitors? Enter Harold Hotelling, who developed a simple … More HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUEMore HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUE