Center for Energy and Environmental Policy Research: Recent submissions

Now showing items 277-279 of 334

    • Pollution markets with imperfectly observed emissions 

      Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2004)
      I study the advantages of pollution permit markets over traditional standard regulations when the regulator has incomplete information on firms₂ emissions and costs of production and abatement (e.g., air pollution in large ...

    • Market power in the England and Wales wholesale electricity [market, 1995-2000] 

      Sweeting, Andrew (MIT Center for Energy and Environmental Policy Research, 2004)
      This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was ...

    • Forward trading and collusion in oligopoly 

      Liski, Matti; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2004)
      We consider an infinitely-repeated oligopoly in which at each period firms not only serve the spot market by either competing in prices or quantities but also have the opportunity to trade forward contracts. Contrary to ...