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The Existence of an Equilibrium Density for Marginal Cost Prices, and the Solution to the Shifting-Peak Problem

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  • Horsley, A.

    (Tilburg University, Center For Economic Research)

  • Wrobel, A.J.

    (Tilburg University, Center For Economic Research)

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  • Horsley, A. & Wrobel, A.J., 1990. "The Existence of an Equilibrium Density for Marginal Cost Prices, and the Solution to the Shifting-Peak Problem," Discussion Paper 1990-12, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:c996282e-207b-41cd-8094-9762658f1f5f
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    References listed on IDEAS

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    1. Anthony Horsley & Andrew J Wrobel, 1989. "The Envelope Theorem, Joint Costs, and Equilibrium," STICERD - Theoretical Economics Paper Series 199, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    2. Back, Kerry, 1988. "Structure of consumption sets and existence of equilibria in infinite-dimensional spaces," Journal of Mathematical Economics, Elsevier, vol. 17(1), pages 89-99, February.
    3. Horsley, A. & Wrobel, A.J., 1990. "The Continuity of the Equilibrium Price Density : The Case of Symmetric Joint Costs, and a Solution to the Shifting-Pattern Problem," Other publications TiSEM b1e97971-f257-414c-8c6c-1, Tilburg University, School of Economics and Management.
    4. Florenzano, Monique, 1983. "On the existence of equilibria in economies with an infinite dimensional commodity space," Journal of Mathematical Economics, Elsevier, vol. 12(3), pages 207-219, December.
    5. Littlechild, S C, 1970. "Marginal-cost Pricing with Joint Costs," Economic Journal, Royal Economic Society, vol. 80(318), pages 323-335, June.
    6. Bewley, Truman F., 1972. "Existence of equilibria in economies with infinitely many commodities," Journal of Economic Theory, Elsevier, vol. 4(3), pages 514-540, June.
    7. BEWLEY, Truman F., 1972. "Existence of equilibria in economies with infinitely many commodities," LIDAM Reprints CORE 122, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    8. Richard, Scott F., 1989. "A new approach to production equilibria in vector lattices," Journal of Mathematical Economics, Elsevier, vol. 18(1), pages 41-56, February.
    9. Anthony Horsley & Andrew J Wrobel, 1986. "The Formal Theory of Electricity Pricing and Investment I: A Continuous-Time Model of Deterministic Production," STICERD - Theoretical Economics Paper Series 132, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    10. Anthony Horsley & Andrew J Wrobel, 1988. "Local Compactness of Choice Sets, Continuity of Demand on Prices, and the Existence of a Competitive Equilibrium," STICERD - Theoretical Economics Paper Series 168, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    11. Peter O. Steiner, 1957. "Peak Loads and Efficient Pricing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(4), pages 585-610.
    12. Roger E. Bohn & Bennett W. Golub & Richard D. Tabors & Fred C. Schweppet, 1984. "Deregulating the Generation of Electricity Through the Creation of Spot Markets for Bulk Power," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 71-92.
    13. Gallant, A. Ronald & Koenker, Roger W., 1984. "Costs and benefits of peak-load pricing of electricity : A continuous-time econometric approach," Journal of Econometrics, Elsevier, vol. 26(1-2), pages 83-113.
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    1. Anthony Horsley & Andrew J Wrobel, 1999. "Efficiency Rents of Storage Plants in Peak-Load Pricing, II: Hydroelectricity - (Now published as Efficiency rents of hydroelectric storage plants in continuous-time peak-load pricing, in The Current ," STICERD - Theoretical Economics Paper Series 372, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    2. Horsley, A. & Wrobel, A., 1990. "The Continuity Of The Equilibrium Price Density: The Case Of Symmetric Joint Costs, And A Solution To The Shifting-Pattern Problem," Papers 9014, Tilburg - Center for Economic Research.
    3. Anthony Horsley & Andrew J Wrobel, 1999. "The Density Form of Equilibrium Prices in Continuous Time and Boiteuxs Solution to the Shifting-Peak Problem- (Now published as Boiteuxs solution to the shifting-peak problem and the equilibrium price," STICERD - Theoretical Economics Paper Series 371, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

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