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Electricity Market Monitoring and the Economics of Regulation

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  • Robert Michaels

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Abstract

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Suggested Citation

  • Robert Michaels, 2008. "Electricity Market Monitoring and the Economics of Regulation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 32(3), pages 197-216, May.
  • Handle: RePEc:kap:revind:v:32:y:2008:i:3:p:197-216
    DOI: 10.1007/s11151-008-9172-1
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    File URL: http://hdl.handle.net/10.1007/s11151-008-9172-1
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    References listed on IDEAS

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    1. Paul L. Joskow, 2006. "Markets for Power in the United States: An Interim Assessment," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 1-36.
    2. Sah, Raaj Kumar & Stiglitz, Joseph E, 1986. "The Architecture of Economic Systems: Hierarchies and Polyarchies," American Economic Review, American Economic Association, vol. 76(4), pages 716-727, September.
    3. Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
    4. Catherine D. Wolfram, 1999. "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, American Economic Association, vol. 89(4), pages 805-826, September.
    5. Jarrell, Gregg A, 1978. "The Demand for State Regulation of the Electric Utility Industry," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 269-295, October.
    6. Quan, Nguyen T. & Michaels, Robert J., 2001. "Games or Opportunities: Bidding in the California Markets," The Electricity Journal, Elsevier, vol. 14(1), pages 99-108.
    7. Christopher R. Knittel, 2006. "THE ADOPTION OF STATE ELECTRICITY REGULATION: THE ROLE OF INTEREST GROUPS -super-," Journal of Industrial Economics, Wiley Blackwell, vol. 54(2), pages 201-222, June.
    8. Robert Wilson, 2002. "Architecture of Power Markets," Econometrica, Econometric Society, vol. 70(4), pages 1299-1340, July.
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    Cited by:

    1. Pollitt, M. J., 2011. "Lessons from the History of Independent System Operators in the Energy Sector, with applications to the Water Sector," Cambridge Working Papers in Economics 1153, Faculty of Economics, University of Cambridge.
    2. Pollitt, Michael G., 2012. "Lessons from the history of independent system operators in the energy sector," Energy Policy, Elsevier, vol. 47(C), pages 32-48.
    3. Serra, Pablo, 2013. "Contract market power and its impact on the efficiency of the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 653-662.

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