Working Papers: Recent submissions

Now showing items 301-303 of 334

    • Inscrutable OPEC? : behavioral tests of the cartel hypothesis 

      Smith, James L. (MIT Center for Energy and Environmental Policy Research, 2003)
      We show that standard statistical tests of OPEC behavior have very low power across a wide range of alternative hypotheses regarding market structure. Consequently, it is difficult, given the current availability and ...

    • Merchant transmission investment 

      Joskow, Paul L.; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 2003)
      We examine the performance attributes of a merchant transmission investment framework that relies on "market driven" transmission investment to provide the infrastructure to support competitive wholesale markets for ...

    • Ex post evaluation of tradable permits : the U.S. SO₂ cap-and-trade program 

      Ellerman, A. Denny (MIT Center for Energy and Environmental Policy Research, 2003)
      The U.S. SO2 cap-and-trade program was established as a result of the enactment of the 1990 Clean Air Act Amendments (1990 CAAA) under the authority granted by Title IV, which included several measures to reduce precursor ...