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Markets for Power: An Analysis of Electrical Utility Deregulation

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Author Info
Paul L. Joskow () (Massachusetts Institute of Technology)
Richard Schmalensee () (Massachusetts Institute of Technology)

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Abstract

Markets for Power provides an unusually complete analysis of the economic, technical, and institutional aspects of the electric utility industry. The authors evaluate four currently popular options for deregulating this unique segment of the economy, and in a balanced program for reform, they advise against total deregulation and recommend a cautious approach to even partial deregulation.

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Publisher Info
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
This book is provided by The MIT Press in its series MIT Press Books with number 0262600188 and published in 1988.

Volume: 1
Edition: 1
ISBN: 0-262-60018-8
Handle: RePEc:mtp:titles:0262600188

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Web page: http://mitpress.mit.edu

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Related research
Keywords: electric utility industry; deregulation;

Other versions of this item:

Find related papers by JEL classification:
L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Donald N. Dewees, 2003. "Price and Environment in Electricity Restructuring," Working Papers dewees-01-01, University of Toronto, Department of Economics. [Downloadable!]
  2. Markus Ksoll & Klaus Schöler, 2001. "Alternative Organisation zweistufiger Strommmärkte - Ein räumliches Marktmodell bei zweidimensionaler Verteilung der Nachfrage -," Volkswirtschaftliche Diskussionsbeiträge 47, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]
  3. Daniel A. Benitez, 2004. "On Quantity Competition and Transmission Constraints in Electricity Market," Econometric Society 2004 Latin American Meetings 98, Econometric Society. [Downloadable!]
  4. Richard Gilbert & Neuhoff, K. & Newbery, D., 2002. "Allocating Transmission to Mitigate Market Power in Electricity Networks," Cambridge Working Papers in Economics 0225, Faculty of Economics, University of Cambridge. [Downloadable!]
  5. Markus Ksoll, 2001. "Two stages of uniform delivered pricing and a monopolistic network in competitive electricity markets," ERSA conference papers ersa01p280, European Regional Science Association. [Downloadable!]
  6. Paul L. Joskow, 2005. "Markets For Power In The United States - An Interim Assessment," Working Papers 0512, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research. [Downloadable!]
    Other versions:
  7. Pierre Heumann, 1984. "Markthindernisse, Transaktionskosten und property rights: Möglichkeiten für eine rationale Energiepolitik," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 120(III), pages 367-382, September. [Downloadable!]
  8. Donald N Dewees, 2006. "Pollution and the Price of Power," Working Papers tecipa-246, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  9. Michael Maloney, 2001. "Economies and Diseconomies: Estimating Electricity Cost Functions," Review of Industrial Organization, Springer, vol. 19(2), pages 165-180, September. [Downloadable!] (restricted)
  10. Jamasb, T., 2002. "Reform and Regulation of the Electricity Sectors in Developing Countries," Cambridge Working Papers in Economics 0226, Faculty of Economics, University of Cambridge. [Downloadable!]
  11. Joskow, Paul L, 1997. "Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 119-38, Summer. [Downloadable!] (restricted)
  12. Toman, Michael & Jemelkova, Barbora, 2003. "Energy and Economic Development: An Assessment of the State of Knowledge," Discussion Papers dp-03-13, Resources For the Future. [Downloadable!]
  13. João Lizardo de Araújo, 2001. "A questão do investimento no Setor Elétrico Brasileiro: reforma e crise [The investment in the Brazilian power sector: reform and crisis]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 11(1), pages 77-96, July. [Downloadable!]
  14. Glanchant, J-M. & Pignon, V., 2003. "Nordic Electricity Congestion's Arrangement as a Model for Europe: Physical Constraints or Operators' Opportunity," Cambridge Working Papers in Economics 0313, Faculty of Economics, University of Cambridge. [Downloadable!]
  15. Steven J. Davis & Cheryl Grim & John Haltiwanger & Mary Streitwieser, 2008. "Electricity Pricing to U.S. Manufacturing Plants, 1963-2000," NBER Working Papers 13778, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  16. Manuel Fernández & Isabel Ortega & Julio Segura, 1993. "Simulación de ganancias de eficiencia en el mercado interior europeo de electricidad," Investigaciones Economicas, Fundación SEPI, vol. 17(2), pages 239-261, May. [Downloadable!]
  17. Niamh McCarthy, 2005. "Market Size, Market Structure & Market Power in the Irish Electricity Industry," Papers WP168, Economic and Social Research Institute (ESRI). [Downloadable!]
  18. Bernard, Jean-Thomas & Guertin, Chantal, 2000. "Nodal Pricing and Transmissions Losses. An Application to a Hydroelectric Power System," Cahiers de recherche 0007, GREEN. [Downloadable!]
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