IDEAS home Printed from https://ideas.repec.org/p/vuw/vuwcrt/373504.html
   My bibliography  Save this paper

Do Current Power and Future Risk Cause Future Power and Current Risk?

Author

Listed:
  • Gabriel Fiuza de Bragança

Abstract

Little is known about the relationship between risk and market power in electricity markets. It's widely agreed that the expansion of forward markets decreases market power in concentrated electricity industries, and that this increases social welfare. However, such one-way causality tells only half the story. Gabriel Fiuza de Bragança finds that market-power indicators such as the Lerner Index may be telling us something different from what we thought they were.

Suggested Citation

  • Gabriel Fiuza de Bragança, 2012. "Do Current Power and Future Risk Cause Future Power and Current Risk?," Competition & Regulation Times 373504, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:373504
    as

    Download full text from publisher

    File URL: https://ojs.victoria.ac.nz/crt/article/view/3735
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vuw:vuwcrt:373504. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Library Technology Services (email available below). General contact details of provider: https://edirc.repec.org/data/fcvuwnz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.