The behavior of nuclear plant operators is consistent with a model of dynamic cost minimization. Utilities compare the cost the cost of generating power from their own nuclear plants with the cost of obtaining "replacement power" form other sources and then optimaze the respective shares over time.
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Paper provided by U.S. Department of Justice - Antitrust Division in its series Papers with number
96-03.
Length: 18 pages Date of creation: 1996 Date of revision: Handle: RePEc:fth:usjuat:96-03
Contact details of provider: Postal: U.S. DEPARTMENT OF JUSTICE; ANTITRUST DIVISION, JUDICIARY CENTER BUILDING 555 4TH ST. N.W. WASHINGTON D.C. 20001 U.S.A.. Email: Web page: http://www.justice.gov/atr/ More information through EDIRC
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Find related papers by JEL classification: Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation