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Auction Design for Standard Offer Service

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Author Info
Peter Cramton () (Economics Department, University of Maryland)
Andrew Parece ()
Robert Wilson ()

Additional information is available for the following registered author(s):

Abstract

During the transition to a competitive electricity market, when a consumer does not select an electricity provider, who provides service to the customer and at what price? An auction for this "standard offer service" is a market-based way to assign the service responsibility and to determine its price. We explore the design issues in establishing rules for such an auction.

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File URL: http://www.cramton.umd.edu/papers1995-1999/97wp-auction-design-for-standard-offer-service.pdf
File Format: application/pdf
File Function: Full text
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Publisher Info
Paper provided by University of Maryland, Department of Economics - Peter Cramton in its series Papers of Peter Cramton with number 97wpad.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 24 pages
Date of creation: 26 Sep 1997
Date of revision: 26 Sep 1997
Handle: RePEc:pcc:pccumd:97wpad

Note: Working Paper
Contact details of provider:
Postal: Economics Department, University of Maryland, College Park, MD 20742-7211
Phone: (202) 318-0520
Fax: (202) 318-0520
Web page: http://www.cramton.umd.edu

For technical questions regarding this item, or to correct its listing, contact: (Peter Cramton).

Related research
Keywords: Auctions; Pricing; Electric Utilities;

Find related papers by JEL classification:
D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

Statistics
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This page was last updated on 2009-12-10.


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