Price Discrimination, Regulation and Entry in the UK Residential Electricity Market
AbstractThe residential electricity market in Great Britain has recently been opened to competition and is served by 14 regional incumbents, and up to 15 entrants in each area. This study finds that the incumbents' regulated prices are discriminatory between consumers using different payment methods, and that firms are practising third-degree price discrimination between areas. The authors discuss the implications for regulatory policy both in the UK and in other countries where electricity markets are being deregulated. Copyright 2001 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Bulletin of Economic Research.
Volume (Year): 53 (2001)
Issue (Month): 3 (July)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378
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- Evens Salies & Catherine Waddams Price, 2004. "Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market," Sciences Po publications info:hdl:2441/7189, Sciences Po.
- Evens Salies & Catherine Waddams Price, 2003. "Pricing structure in the deregulated UK electricity market," Sciences Po publications 03-6, Sciences Po.
- Alberto Iozzi & Roberta Sestini & Edilio Valentini, 2005.
"Pricing Discretion and Price Regulation in Competitive Industries,"
CEIS Research Paper
69, Tor Vergata University, CEIS.
- Alberto Iozzi & Roberta Sestini & Edilio Valentini, 2006. "Pricing Discretion and Price Regulation in Competitive Industries," Journal of Regulatory Economics, Springer, vol. 29(2), pages 151-165, 03.
- Hattori, Toru, 2010. "Determinants of the number of bidders in the competitive procurement of electricity supply contracts in the Japanese public sector," Energy Economics, Elsevier, vol. 32(6), pages 1299-1305, November.
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