Working Papers: Recent submissions

Now showing items 319-321 of 334

    • Multipollutant markets 

      Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2001)
      I study the optimal design of marketable permit systems to regulate various pollutants (e.g. air pollution in urban areas) when the regulator lives in a real world of imperfect information and incomplete enforcement. I ...

    • Volatility and commodity price dynamics 

      Pindyck, Robert S. (MIT Center for Energy and Environmental Policy Research, 2001)
      Commodity prices tend to be volatile, and volatility itself varies over time. changes in volatility can affect market variables by directly affecting the marginal value of storage, and by affecting a component of the total ...

    • California's electricity crisis 

      Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2001)
      The collapse of California's electricity restructuring and competition program has attracted attention around the world. Prices in California's competitive wholesale electricity market increased by 500% between the second ...