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Architecture of Power Markets

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Author Info
Robert Wilson () (Stanford Business School, Stanford CA 94305-5015 USA)

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Abstract

Liberalization of infrastructure industries presents classic economic issues about how organization and procedure affect market performance. These issues are examined in wholesale power markets. The perspective from game theory complements standard economic theory to examine effects on efficiency and incentives. Copyright The Econometric Society 2002.

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Article provided by Econometric Society in its journal Econometrica.

Volume (Year): 70 (2002)
Issue (Month): 4 (July)
Pages: 1299-1340
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Handle: RePEc:ecm:emetrp:v:70:y:2002:i:4:p:1299-1340

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This page was last updated on 2008-8-11.


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