| WP-194 |
Lucas W. Davis and Erich Muehlegger, "Do Americans Consume Too Little Natural Gas? An Empirical Test of Marginal Cost Pricing" (September 2009) |
 | | WP-193 |
Marc N. Conte and Matthew J. Kotchen, "Explaining the Price of Voluntary Carbon Offsets" (September 2009) |
| | WP-192 |
Piet Eichholtz, Nils Kok and John M. Quigley, "Doing Well by Doing Good? Green Office Buildings" (August 2009) |
| | WP-191 |
James Bushnell, Benjamin F. Hobbs and Frank A. Wolak, "When it comes to Demand Response, is FERC its Own Worst Enemy?" (August 2009) |
| | WP-190 |
Stephen P. Holland, "Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power" (August 2009) |
| | WP-189 |
Christopher R. Knittel, "The Implied Cost of Carbon Dioxide under the Cash for Clunkers Program" (August 2009) |
| | WP-188 |
Kenneth S. Corts, "Building Out Alternative Fuel Retail Infrastructure: Government Fleet Spillovers in E85" (July 2009) |
| | WP-187 |
Christopher R. Knittel, "Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector" (July 2009) |
| | WP-186 |
Meredith Fowlie, Stephen P. Holland and Erin T. Mansur, "What Do Emissions Markets Deliver and to Whom? Evidence from Southern California’s NOx Trading Program" (June 2009) |
| | WP-185 |
Maximilian Auffhammer and Ryan Kellogg, "Clearing the Air? The Effects of Gasoline Content Regulation on Air Quality " (April 2009) |
| | WP-184 |
Carl Blumstein, "Program Evaluation and Incentives for Administrators of Energy-Efficiency Programs: Can Evaluation Solve the Principal/Agent Problem?" (March 2009) |
| | WP-183 |
James Bushnell and Yihsu Chen, "Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2" (March 2009) |
| | WP-182 |
Severin Borenstein, "The Implications of a Gasoline Price Floor for the California Budget and Greenhouse Gas Emissions" (December 2008) |
| | WP-181 |
Meredith Fowlie, Christopher R. Knittel and Catherine Wolfram, "Sacred Cars? Optimal Regulation of Stationary and Non-stationary Pollution Sources" (November 2008) |
| | WP-180 |
Severin Borenstein, "Equity Effects of Increasing-Block Electricity Pricing" (November 2008) |
| | WP-179 |
Matthew J. Kotchen and Laura E. Grant, "Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana" (November 2008) |
| | WP-178 |
Stephen P. Holland and Michael R. Moore, "When to Pollute, When to Abate? Intertemporal Permit Use in the Los Angeles NOx Market" (May 2008) |
| | WP-177R |
Severin Borenstein, "Cost, Conflict and Climate: U.S. Challenges in the World Oil Market" (Revised June 2008) |
| | WP-176 |
Severin Borenstein, "The Market Value and Cost of Solar Photovoltaic Electricity Production" (January 2008) |
| | WP-175 |
Meredith Fowlie, "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage" (December 2007) (Revised version forthcoming in American Economic Journal: Economic Policy.) |
| | WP-174 |
Severin Borenstein, Meghan Busse and Ryan Kellogg, "Principal-agent incentives, excess caution, and market inefficiency: Evidence from utility regulation" (December 2007) |
| | WP-173 |
Ryan Kellogg, "Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oilpatch" (November 2007) |
| | WP-172 |
Severin Borenstein, "Electricity Rate Structures and the Economics of Solar PV: Could Mandatory Time-of-Use Rates Undermine California’s Solar Photovoltaic Subsidies?" (September 2007) |
| | WP-171 |
Jeffrey Harris, Rick Diamond, Maithili Iyer, Christopher Payne, Carl Blumstein, Hans-Paul Siderius, "Towards a Sustainable Energy Balance: Progressive Efficiency and the Return of Energy Conservation" (September 2007) |
| | WP-170 |
James Bushnell, "The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets" (August 2007) (Revised version published in Climate Policy, Vol. 8, 2008.) |
| | WP-169 |
Olivier Deschênes and Michael Greenstone, "Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US" (August 2007) |
| | WP-168 |
James B. Bushnell and Catherine Wolfram, "The Guy at the Controls: Labor Quality and Power Plant Efficiency" (June 2007) |
| | WP-167 |
Stephen P. Holland, Christopher R. Knittel and Jonathan E. Hughes, "Greenhouse Gas Reductions under Low Carbon Fuel Standards?" (May 2007) (Revised version published in The American Economic Journal: Economic Policy 1(1).) |
| | WP-166 |
James Bushnell, Carla Peterman, Catherine Wolfram, "California’s Greenhouse Gas Policies: Local Solutions to a Global Problem? " (April 2007) (Revised version published in Review of Environmental Economics and Policy, Vol. 2, 2008) |
| | WP-165R |
Maximilian Auffhammer, Carl Blumstein, Meredith Fowlie, "Demand-Side Management and Energy Efficiency Revisited" (April 2007) (Revised version published in The Energy Journal, 29(3) 2008.) |
| | WP-164 |
James Bushnell and Jun Ishii, "An Equilibrium Model of Investment in Restructured Electricity Markets" (January 2007) |
| | WP-163 |
Ryan Kellogg and Hendrik Wolff, "Does Extending Daylight Saving Time Save Energy? Evidence From an Australian Experiment" (January 2007) (Revised version published in Journal of Environmental Economics and Management, 56, 2008.) |
| | WP-162 |
Robert Letzler, "Applying Psychology to Economic Policy Design: Using Incentive Preserving Rebates to Increase Acceptance of Critical Peak Electricity Pricing" (December 2006) |
| | WP-161 |
Jennifer Kaiser Shanefelter, "Restructuring, Ownership and Efficiency: The Case of Labor in Electricity Generation" (November 2006) |
| | WP-160 |
Nathaniel O. Keohane, Erin T. Mansur, and Andrey Voynov, "Averting Enforcement: Strategic Response to the Threat of Environmental Regulation" (October 2006) (Revised version published in Journal of Economics and Management Strategy, 18(1), Spring 2009.) |
| | WP-159 |
Jonathan E. Hughes, Christopher R. Knittel, and Daniel Sperling, "Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand" (September 2006) (Revised version published in The Energy Journal 29(1), January 2008.) |
| | WP-158 |
Olivier Deschênes and Michael Greenstone, "The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather" (August 2006) (Revised version published in American Economic Review, 2007.) |
| | WP-157 |
James B. Bushnell and Catherine Wolfram, "The Economic Effects of Vintage Differentiated Regulations: The Case of New Source Review" (July 2006) |
| | WP-156 |
Severin Borenstein, "Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing " (July 2006) (Revised version published in The Energy Journal, 28(2) 2007.) |
| | WP-155 |
Severin Borenstein, "Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability" (July 2006) (Revised version published in The Energy Journal, 28(2) 2007.) |
| | WP-154 |
Richard Green and Chloé Le Coq, "The Length of Contracts and Collusion" (June 2006) |
| | WP-153 |
Chloé Le Coq, "Index Contracts and Spot Market Competition" (June 2006) |
| | WP-152 |
Amol Phadke, "Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India" (June 2006) |
| | WP-151 |
Frank Wolak, "Residential Customer Response to Real-Time Pricing: The Anaheim Critical-Peak Pricing Experiment" (May 2006) |
| | WP-150 |
Bert Willems, "Virtual Divestitures, Will They Make a Difference? Cournot Competition, Option Markets and Efficiency" (May 2006) |
| | WP-149 |
Meredith Fowlie, "Emissions Trading, Electricity Industry Restructuring, and Investment in Pollution Abatement" (November 2005) (Revised version forthcoming in American Economic Review.) |
| | WP-148R |
James Bushnell, "Oligopoly Equilibria in Electricity Contract Markets" (October 2006) (Revised version published in Journal of Regulatory Economics, Vol. 32, 2008.) |
| | WP-147 |
Severin Borenstein, "Wealth Transfers from Implementing Real-Time Retail Electricity Pricing" (August 2005) |
| | WP-146 |
James Bushnell, "Electricity Resource Adequacy: Matching Policies and Goals" (August 2005) (Revised version published in The Electricity Journal, September 2005) |
| | WP-145 |
Guido Pepermans and Bert Willems, "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium" (June 2005) |
| | WP-144 |
Severin Borenstein and James Bushnell, "Retail Policies and Competition in the Gasoline Industry" (May 2005) |
| | WP-143R |
Stephen P. Holland and Erin T. Mansur, "The Short-Run Effects of Time-Varying Prices in Competitive Electricity Markets" (May 2006) (Revised version published in The Energy Journal, 27(4): 127-155, 2006.) |
| | WP-142 |
Severin Borenstein, "Valuing the Time-Varying Electricity Production of Solar Photovoltaic Cells" (March 2005) |
| | WP-141 |
Julie Berry Cullen, Leora Friedberg, Catherine Wolfram, "Do Households Smooth Small Consumption Shocks? Evidence from Anticipated and Unanticipated Variation in Home Energy Costs" (April 2005) |
| | WP-140 |
James B. Bushnell and Catherine Wolfram, "Ownership Change, Incentives and Plant Efficiency: The Divestiture of U.S. Electric Generation Plants" (March 2005) |
| | WP-139 |
Bert Willems, "Cournot Competition, Financial Option Markets and Efficiency" (March 2005) |
| | WP-138 |
Severin Borenstein, James Bushnell, Christopher R. Knittel, Catherine Wolfram, "Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets" (December 2004) (Revised version published in Journal of Industrial Economics, 56(2) 2008.) |
| | WP-137 |
Meghan R. Busse and Nathaniel O. Keohane, "Market Effects of Environmental Regulation: Coal, Railroads, and the 1990 Clean Air Act" (September 2004) (Revised version published in The Rand Journal of Economics, 38(4), 2007.) |
| | WP-136R |
Stephen P. Holland and Erin T. Mansur, "Is Real-Time Pricing Green?: The Environmental Impacts of Electricity Demand Variance" (September 2006) (Revised version published in Review of Economics and Statistics, 90(3), August 2008.) |
| | WP-135R |
Kira M. Fabrizio, Nancy L. Rose, Catherine Wolfram, "Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency" (December 2004) (Revised version forthcoming in American Economics Review.) |
| | WP-134 |
Frank Wolak, "Lessons from International Experience with Electricity Market Monitoring" (June 2004) |
| | WP-133R |
Severin Borenstein, "The Long-Run Efficiency of Real-Time Electricity Pricing" (Revised February 2005) (Revised version published in Energy Journal 26(3), 2005.) |
| | WP-132 |
Severin Borenstein, James Bushnell and Matthew Lewis, "Market Power in California's Gasoline Market" (May 2004) |
| | WP-131 |
Dae-Wook Kim and Christopher R. Knittel, "Biases in Static Oligopoly Models?: Evidence from the California Electricity Market " (May 2004) (Revised version published in Journal of Industrial Economics, December 2006, 54(4): 451-70.) |
| | WP-130 |
Paul Joskow and Jean Tirole, "Retail Electricity Competition " (April 2004) (Revised version published in Rand Journal of Economics, 37(4), Winter 2006.) |
| | WP-129 |
Paul Joskow and Jean Tirole, "Reliability and Competitive Electricity Markets" (April 2004) (Revised version published in Rand Journal of Economics, 38(1), Spring 2007.) |
| | WP-128 |
Jun Ishii, "Technology Adoption and Regulatory Regimes: Gas Turbines Electricity Generators from 1980 to 2001" (March 2004) |
| | WP-127 |
Jun Ishii and Jingming Yan, "Investment under Regulatory Uncertainty: U.S. Electricity Generation Investment Since 1996" (March 2004) |
| | WP-126R |
James Bushnell, Erin T. Mansur, and Celeste Saravia, "Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured U.S. Electricity Markets" (Revised February 2005) (Revised version published in American Economic Review, 98(1) 2008.) |
| | WP-125 |
Ali Hortacsu and Steven L. Puller, "Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT" (Revised November 2004) (Revised version published in RAND Journal of Economics, 39(1), Spring 2008. ) |
| | WP-124 |
Anna Creti and Natalia Fabra, "Capacity Markets for Electricity" (February 2004) (Revised version published in Energy Economics, 29(2), March 2007.) |
| | WP-123 |
Catherine Waddams Price, "Spoilt for Choice? The Costs and Benefits of Opening UK Residential Markets" (February 2004) |
| | WP-122 |
Natalia Fabra, Nils-Henrik von der Fehr, and David Harbord, "Designing Electricity Auctions" (February 2004) (Revised version published in Rand Journal of Economics, Vol. 37(1), Spring 2006.) |
| | WP-121 |
Celeste Saravia, "Arbitrageurs on Efficiency and Market Power in the New York Electricity Market" (November 2003) |
| | WP-120 |
Matt Lewis, "Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market" (November 2003) |
| | WP-119 |
James Bushnell, "California's Electricity Crisis: A Market Apart?" (November 2003) (Revised version published in Energy Policy, Vol. 32: 1045-1052, 2004.) |
| | WP-118 |
Shulamit Kahn and Christopher R. Knittel, "The Impact of the Clean Air Act Amendments of 1990 on Electric Utilities and Coal Mines: Evidence from the Stock Market" (September 2003) |
| | WP-117 |
Erin T. Mansur, "Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct" (October 2003) (Revised version published in Review of Economics and Statistics, 90(2), May 2008.) |
| | WP-116 |
Severin Borenstein and Stephen P. Holland, "On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices" (August 2003) (Revised version published in Rand Journal of Economics, 36 (Autumn 2005)) |
| | WP-115 |
Carl Blumstein, Charles Goldman, and Galen Barbose, "Who Should Administer Energy-Efficiency Programs?" (August 2003) (Revised version published in Energy Policy, 33, p.1053 (2005).) |
| | WP-114 |
Frank Wolak, "Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market 1998 - 2000" (June 2003) (Revised version published in American Economic Review, May 2003; 93(2):425-30.) |
| | WP-113 |
Jonathan Kolstad and Frank Wolak, "Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market" (May 2003) |
| | WP-112 |
Monica Giulietti, Catherine Waddams Price, and Michael Waterson, "Consumer Choice and Industrial Policy: a Study of UK Energy Markets" (April 2003) (Revised version published in The Economic Journal, 115, October 2005.) |
| | WP-111R |
Catherine Wolfram, "The Efficiency of Electricity Generation in the US After Restructuring" (Revised June 2003) (Revised version published in Electricity Deregulation: Choices and Challenges, Griffin and Puller, eds., University of Chicago Press, 2005.) |
| | WP-110R |
Frank Wolak, "Lessons from the California Electricity Crisis" (Revised May 2003) (Revised version published in Electricity Deregulation: Choices and Challenges, Griffin and Puller, eds., University of Chicago Press, 2005.) |
| | WP-109R |
James Bushnell, "Looking for Trouble: Competition Policy in the U.S. Electricity Industry" (Revised April 2003) (Revised version published in Electricity Deregulation: Choices and Challenges, Griffin and Puller, eds., University of Chicago Press, 2005.) |
| | WP-108R |
Jun Ishii, "From Investor-owned Utility to Independent Power Producer" (Revised January 2006) (Revised version published in Energy Journal, 27(3), 2006.) |
| | WP-107 |
Jun Ishii and Jingming Yan, "Does Divestiture Crowd-Out New Investment? The 'Make or Buy' Decision in U.S. Electricity Generation Investments" (Revised January 2006) (Revised version published in Rand Journal of Economics, 38(1), 2007.) |
| | WP-106 |
Severin Borenstein and Stephen P. Holland, "Investment Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices" (July 2003) |
| | WP-105 |
Severin Borenstein, Michael Jaske, and Arthur Rosenfeld, "Dynamic Pricing Advanced Metering and Demand Response in Electricity Markets" (October 2002) (Revised version of Section I published in Electricity Deregulation: Choices and Challenges, Griffin and Puller, eds., University of Chicago Press, 2005.) |
| | WP-104 |
Ross Baldick, "Variation of Distribution Factors with Loading" (September 2002) (Revised version published in IEEE Transactions on Power Systems 18(4):1316-1323, November 2003.) |
| | WP-103 |
Carl Blumstein, L. S. Friedman, R. J. Green, "The History of Electricity Restructuring in California" (August 2002) (Revised version published in Journal of Industry, Competition, and Trade, 21(1) 9 (2002).) |
| | WP-102 |
Severin Borenstein, James Bushnell and Frank Wolak, "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market" (June 2002) (Revised version published in American Economic Review, Vol. 92, No. 5:1376-1405, Winter 2002.) |
| | WP-101 |
James Bushnell and Celeste Saravia, "An Emperical Assessment of the Competitiveness of the New England Electricity Market" (May 2002) |
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| PWP-092 |
Timothy E. Lipman, Jennifer L. Edwards and Daniel M. Kammen, "Economic Implications of Net Metering for Stationary and Motor Vehicle Fuel Cell Systems in California" (February 2002)
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| PWP-091 |
Rajnish Kamat and Shmuel S. Oren, "Two-Settlement Systems for Electricity Markets: Zonal Aggregation Under Network Uncertainty and Market Power" (February 2002) (Revised version published in Journal of Regulatory Economics, 25:1, pp. 5-37 (2004).)
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| PWP-090 |
Christopher J. Day, Benjamin F. Hobbs, and Jong-Shi Pang, "Oligopolistic Competition in Power Networks: A Conjectured Supply Function Approach" (February 2002) (Revised version published in IEEE Transactions on Power Systems, 17(3), 2002.)
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| PWP-089 |
Ross Baldick and William Hogan, "Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability, Non-decreasing constraints, and Function Space Iterations" (Revised August 2002) (Revised version published in Journal of Regulatory Economics, 30(2): 119-139, August 2006.)
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| PWP-088 |
Erin T. Mansur, "Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring" (September 2004) (Revised version published in Journal of Industrial Economics, 55(4), December 2007.)
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| PWP-087 |
Christopher R. Knittel and Michael R. Roberts, "An Empirical Examination of Deregulated Electricity Prices" (October 2001) (Revised version published in Energy Economics, 27(5), pp. 791-817, September 2005.)
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| PWP-086 |
Severin Borenstein, James Bushnell, Christopher R. Knittel, and Catherine Wolfram, "Trading Inefficiencies in California's Electricity Markets" (October 2001)
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| PWP-085 |
Fisher, Jolanka V. and Timothy P. Duane, "Trends in Electricity Consumption, Peak Demand, and Generating Capacity in California and the Western Grid 1977-2000" (September 2001)
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| PWP-084 |
Hastings, Justine and Richard Gilbert, "Vertical Integration in Gasoline Supply: An Empirical Test of Raising Rivals' Costs" (Revised March 2002) (Revised version published in Journal of Industrial Economics, 53(4), 2005.)
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| PWP-083 |
Mansur, Erin T., " Pricing Behavior in the Initial Summer of the Restructured PJM Wholesale Electricity Market " (April 2001)
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| PWP-082R |
Bushnell, James B. and Erin T. Mansur, "Consumption Under Noisy Price Signals: A Study of Electricity Retail Rate Deregulation in San Diego" (Revised November 2004) (Revised version published in Journal of Industrial Economics, 53(4): 493-513, 2005.)
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| PWP-081 |
Borenstein, Severin, "The Trouble With Electricity Markets and California's Electricity Restructuring Disaster" (September 2001) (Revised version pubished in Journal of Economic Perspectives, Winter, 2002)
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| PWP-080R |
Steven L. Puller, "Pricing and Firm Conduct in California's Deregulated Electricity Market" (July 2004) (Revised version published in Review of Economics and Statistics, February 2007, 89(1):75-87.)
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| PWP-079 |
Stoft, Steven, "Soft Price Caps and Underscheduling Penalties: How Would the FERC Plan Affect California Electricity Markets?" (November 2000)
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| PWP-078 |
Baldick, Ross, Ryan Grant, and Edward Kahn, "Linear Supply Function Equilibrium: Generalizations, Application, and Limitations " (August 2002) (Revised version published in Journal of Regulatory Economics, 25, pp. 143-167, 2004.)
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| PWP-077 |
Stoft, Steven, "PJM’s Capacity Market in a Price-Spike World " (May 2000)
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| PWP-076 |
Oren, Shmuel S. and Andrew M. Ross, "Economic Congestion Relief Across Multiple Regions Requires Tradable Physical Flow-gate Rights " (May 2000) (Revised version published in IEEE Transactions on Power Systems, Vol. 17, No. 1, pp. 157-165 (2002) )
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| PWP-075 |
Hastings, Justine, "Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California" (Revised April 2002) (Revised version published in American Economic Review, March 2004.)
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| PWP-074 |
Borenstein, Severin and James B. Bushnell, "Electricity Restructuring: Deregulation or Reregulation? " (February 2000) (Revised version published in Regulation, 2000, Vol 23(2)
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| PWP-073 |
Deng, Shijie, "Stochastic Models of Energy Commodity Prices and Their Applications: Mean-reversion with Jumps and Spikes" (February 2000)
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| PWP-072 |
Deng, Shijie and Shmuel S. Oren, "Priority Network Access Pricing for Electric Power" (February 2000) (Revised version published in Journal of Regulatory Economics, Vol. 19, No. 3, 239-270, (2001).)
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| PWP-071 |
Kamat, Rajnish and Shmuel S. Oren, "Exotic Options for Interruptible Electricity Supply Contracts " (February 2000) (Revised version published in Operations Research, Vol. 50, No.5: 835-850, 2002.)
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| PWP-070 |
Bushnell, James B. and Frank A. Wolak, "Regulation and the Leverage of Local Market Power in the California Electricity Market" (September 1999)
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| PWP-069 |
Wolfram, Catherine D, "Electricity Markets: Should the Rest of the World Adopt the UK Reforms?" (September 1999) (Revised version published in Regulation, 1999, Vol. 22(4), pp. 48-53)
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| PWP-068 |
Knittel, Christopher R., "Does Incentive Regulation Provide the Correct Incentives?: Stochastic Frontier Evidence from the US Electricity Industry " (September 1999) (Revised version published in Review of Economics and Statistics, August 2002)
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| PWP-067 |
Borenstein, Severin, "Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets" (August 1999) (Revised version published in Electricity Journal, July 2000)
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| PWP-066 |
Blumstein, Carl, "Pricing Electricity for Default Customers: Pass Through or Performance-Based Rates? " (August 1999)
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| PWP-065 |
Knittel, Christopher R., "Regulatory Imperfections in the Electricity and Natural Gas Industries: Evidence from the Pricing and Investment Decisions of Single and Multi-Product Electricity Firms" (July 1999) (Revised version published in Journal of Industrial Economics, December 2006, 54(4).)
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| PWP-064 |
Borenstein, Severin, James, Bushnell, and Frank Wolak, "Diagnosing Market Power in California's Deregulated Wholesale Electricity Market" (Revised, August 2000) (Revised version published in American Economic Review, December 2002)
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| PWP-063 |
Johnsen, Tor Arnt, Shashi Kant Verma, and Catherine Wolfram, "Zonal Pricing and Demand-Side Bidding in the Norwegian Electricity Market" (June1999)
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| PWP-062 |
Bushnell, James, "Transmission Rights and Market Power" (November 1998) (Revised version published in Electricity Journal, October 1999)
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| PWP-061 |
McGuire, Bart, "Power-Grid Decentralization" (March 1999)
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| PWP-060 |
Green, Richard, "England and Wales - A Competitive Electricity Market?" (September 1998)
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| PWP-059 |
Borenstein, Severin, James Bushnell, and Christopher R. Knittel, "Market Power in Electricity Markets: Beyond Concentration Measures" (Revised January 1999) (Revised version published in Energy Journal, 20(4), October 1999, pages 65-88)
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| PWP-058 |
Green, Richard, "Electricity Transmission Pricing: How much does it cost to get it wrong?" (May 1998)
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| PWP-057 |
Green, Richard and Tanga McDaniel, "Competition in Electricity Supply: Will 1998 Be Worth It? " (April 1998) (Revised version published in Fiscal Studies, 19(3), August 1998, pp. 273-293)
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| PWP-056 |
Bushnell, James, "Water and Power: Hydroelectric Resources in the Era of Competition in the Western U.S." (Revised July 1998) (Revised version published in Operations Research, Jan/Feb 2003)
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| PWP-055 |
Stoft, Steven, "Fewer Prices than Zones" (February 1998) (Revised version appeared as Congestion Pricing with Fewer Prices than Zones, in Electricity Journal, 11(4), May 1998, pp. 23-31)
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| PWP-054 |
McGuire, Bart, "Power Auctions and Intertemporal Production Costs: Dealing with Unit Commitment" (October 1997)
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| PWP-053 |
Elmaghraby, W.J., "Multi-Unit Auctions with Complementarities: Issues of Efficiency in Electricity Auctions." (Revised 1998) (Revised version published in European Journal of Operations Research, Vol. 166, No. 2, pp. 430-448, 2005.)
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| PWP-052 |
Bergara, M., Henisz, W. J., and Spiller, P. T., "Political Institutions and Electric Utility Investment: A Cross-Nation Analysis," (September 1997) (Revised version published in California Management Review, 40(2), Winter 1998, pp. 18-35)
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| PWP-051 |
Wolak, Frank .A., "Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison." (August 1997) (Revised version published in Pricing Competitive Electricity Markets. Topics in Regulatory Economics and Policy Series, Faruqui & Eakin, eds., Kluwer Academic, 2000.)
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| PWP-050 |
McGuire, Bart, "Optimal Power Flow, Node Prices, and Transmission Toll in a Number of Instructive Examples" (June 1997)
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| PWP-049 |
Stoft, Steven, "How Financial Transmission Rights Curb Market Power." (June 1997) (Revised version appeared as Financial Transmission Rights Meet Cournot: How TCCs Curb Market Power, in Energy Journal, 20(1), 1999, pp. 1-23)
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| PWP-048 |
Knittel, Christopher .R, "The Origins of State Electricity Regulation: Revisiting an Unsettled Topic" (Revised November 1999) (Revised version published in Journal of Industrial Economics, 54(2): 201-22, June 2006.)
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| PWP-047 |
Wolak, F.A., Patrick, R.H., "The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market" (April1997) (Revised version published in Regulation Under Increasing Competition, Topics in Regulatory Economics and Policy Series, Crew, ed., Kluwer Academic, 1999.)
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| PWP-046 |
Tseng, C., Li, C., Oren, S., "Solving Unit Commitment by a Unit Decommitment Method." (February 1997) (Revised version published in Journal of Optimization Theory, Vol. 105, No. 3, June 2000.)
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| PWP-045 |
McGuire, B., "Price Driven Coordination in a Lossy Power Grid." (February 1997)
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| PWP-044R |
Borenstein, S., Bushnell, J., "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry" (Revised December 1998) (Revised version published in the Journal of Industrial Economics, September 1999, 47(3)
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| PWP-043 |
Bergara, M.E., Spiller, P.T., "The Introduction of Direct Access in New Zealand's Electricity Market" (November 1996) (Revised version published in Utilities Policy, 6(2), 1997, pp. 97-105)
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| PWP-042 |
Stoft, S., "An Analysis of the California WEPEX Applications to the FERC" (October 1996)
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| PWP-041 |
Oren, S.S., "Preemption of TCCs and Deadweight Loss in Centrally Dispatched Electric Systems with Competitive Generation." (September 1996) (Revised version appeared as Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive Generation, in Energy Journal, 18(1), 1997, pp. 63-83)
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| PWP-040R |
Borenstein, S., Bushnell, J., Stoft, S., "The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry" (October 98, Revised October 1999) (Revised version published in Rand Journal of Economics, Summer 2000)
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| PWP-039 |
Johnson, R. B., Oren, S.S., Svoboda, A.J., "Equity and Efficiency of Unit Commitment in Competitive Electricity Markets" (June 1996) (Revised version published in Utilitites Policy, 6(1), 1997, pp. 9-19)
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| PWP-038 |
Kahn, E., Bailey, S., Pando, L., "Simulating Electricity Restructuring in California: Interactions with the Regional Market" (April 1996) (Revised version published in Resource and Energy Economics, 19(1-2), March 1997, pp. 3-28)
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| PWP-037R |
Borenstein, S., Shepard, A., "Sticky Prices, Inventories, and Market Power in Wholesale Gasoline Markets" (January 96, Revised August 2000) (Revised version published in Rand Journal of Economics, Spring 2002)
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| PWP-036 |
Borenstein, S., Bushnell, J., Kahn, E., Stoft, S.,, "Market Power in California Electricity Markets" (December 1995) (Revised version published in Utilities Policy, 5(3-4), 1995, pp. 219-236)
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| PWP-035 |
Baldick, R., Kahn, E., "Contract Paths, Phase Shifters, and Efficient Electricity Trade" (October 1995) (Revised version published in IEEE Transactions on Power Systems, 12(2), May 1997, pp. 749-755)
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| PWP-034 |
Bushnell, J., Stoft, S., "Electric Grid Investment Under a Contract Network Regime" (August 1995) (Revised version published in Journal of Regulatory Economics, 10(1), July 1996, pp. 61-79)
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| PWP-033 |
White, M., "Valuing Market Trading Mechanisms: Evidence from Electricity Markets" (July 1995)
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| PWP-032 |
Kahn, E., "The Electricity Industry in Spain" (July 1995) (Revised version published in Electricity Journal, 9(2), March 1996, pp. 46-55)
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| PWP-031 |
Wu, F., Varaiya, P., "Coordinated Multilateral Trades for Electric Power Networks: Theory and Implementation" (June 1995)
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| PWP-030 |
Bushnell, J., Stoft, S., "Transmission and Generation Investment in a Competitive Electric Power Industry" (May 1995) (Revised version appeared as Improving Private Incentives for Electric Grid Investment in Resource and Energy Economics, 19(1-2), March 1997, pp. 85-108)
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| PWP-029 |
Blumstein, C., Stoft, S., "Technical Efficiency, Production Functions and Conservation Supply Curves S." (April 1995) (Revised version published in Energy Policy, 23(9), September 1995, pp. 765-768)
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| PWP-028 |
Stoft, S., "The Economics of Conserved-Energy Supply Curves" (April 1995) (Revised version published in Energy Journal, 16(4), May 1995, pp. 109-137)
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| PWP-027 |
Blumstein, C., Sanstad, A., Stoft, S., "How High Are Option Values In Energy-Efficiency Investments?" (March 1995) (Revised version published in Energy Policy, 23(9), September 1995, pp. 739-743)
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| PWP-026 |
Bushnell, J., Kahn, E., Outhred, H., "California Energy Commission - Bulk Power Market Study" (February 1995)
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| PWP-025 |
Oren, S., Spiller, P., Varaiya, P., Wu, F., "Nodal Prices and Transmission Rights: A Critical Appraisal" (December 1994) (Revised version published in Electricity Journal, 8(3), April 1995, pp. 24-35)
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| PWP-024 |
Spiller, P., "Implementing Transmission Open Access: with Special Emphasis on Chile's Experience" (November 1994) (Revised version published in Journal of Regulatory Economics, 10(1), July 1996, pp 5-23)
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| PWP-023 |
Oren, S., Spiller, P., Varaiya, P., Wu, F., "Folk Theorems on Transmission Access: Proofs and Counter Examples" (October 1994) (Revised version published in Journal of Regulatory Economics, Vol. 10, pp. 5-23, 1996.)
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| PWP-022 |
White, M., "Regulating Bypass" (August 1994)
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| PWP-021 |
Bushnell, J.B., Blumstein, C., "A Reader's Guide to the Blue Book: Issues in California's Electric Industry Restructuring and Regulatory Reform" (June 1994) (Revised version published in Electricity Journal, 7(7), September 1994, pp. 18-29)
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| PWP-020 |
Bushnell, J.B., Oren, S.S., "Incentive Effects of Environmental Adders in Electric Power Auctions" (March 1994) (Revised version published in Energy Journal, Vol. 15, No. 3, pp. 55-73, 1994.)
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| PWP-019 |
Bushnell, J.B., Friedman, E., "Linearly Exchangable Permits for the Efficient Control of Multiple Pollutants" (February 1994)
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| PWP-018 |
Mehrez, G., Train, K., "Final Report: Optimal Time-of-Use Prices for Electricity" (January 1994)
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| PWP-017 |
Mehrez, G., Train, K., "Optional Time-of-Use Prices for Electricity: Econometric Analysis of Surplus and Pareto Impacts" (December 1993) (Revised version published in Rand Journal of Economics, 25(2), Summer 1994, pp. 263-283)
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| PWP-016 |
Oren, S.S., Svoboda, A.J., "Integrating Price-Based Resources in Short-term Scheduling of Electric Power Systems" (November 1993) (Revised version published in IEEE Transactions on Energy Conversion, Vol. 9, No. 4, pp. 760-769, 1994.)
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| PWP-015 |
Kling, C., Rubin, J., "An Emission Saved is an Emission Earned: An Empirical Study of Emission Banking" (October 1993) (Revised version published in Journal of Environmental Economics & Management, 25(3), November 1993, pp. 257-274)
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| PWP-014R |
Kahn, E., "Regulation by Simulation: The Role of Production Cost Models in Electricity Planning and Pricing" (June 1994 Revised September 1994) (Revised version published in Operations Research, 43(3), May/June 1995, pp. 388-398)
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| PWP-013 |
Gilbert, R.J., Nagler, M.G., "Hazardous Terrain: The Use of Financial Indicators in Utility Regulation" (August 1993)
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| PWP-012 |
Gilbert, R.J., Kahn, E., White, M., "The Efficiency of Market Coordination: Evidence from Wholesale Electric Power Pools" (June 1993) (Revised version published in Electricity Journal, October 1993, pp. 51-59)
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| PWP-011 |
Gilbert, R.J., Kahn, E., "Competition and Institutional Change In U.S. Electric Power Regulation" (August 1993) (Revised version published in Comparisons of Electricity Regulation, Gilbert & Kahn, eds., Cambridge University Press, pp. 179-230, 1996.)
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| PWP-010 |
Borenstein, S., "Price Incentives for Fuel Switching: Did Price Differences Slow the Phase-Out of Leaded Gasoline?" (April 1993)
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| PWP-009 |
Blumstein, C., Harris, J.P., Millhone, J.P., Rosenfeld, A.H., "Energy Efficiency RD&D: New Roles For States" (March 1993) (Revised version published in Energy Policy, 21(12), December 1993, pp. 1205-1216)
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| PWP-008 |
Gilbert, R.J., Riordan, M.H., "Regulating Complementary Products: A Problem of Institutional Choice" (February 1993) (Revised version published in Rand Journal of Economics, 26(2), Summer 1995, pp. 243-256)
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| PWP-007 |
Borenstein, S., Gilbert, R., "Uncle Sam at the Gas Pump: Causes and Consequences of Regulating Gasoline Distribution" (January 1993) (Revised version published in Regulation, 16(2), 1993, pp. 63-75)
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| PWP-006 |
Bushnell, J., Oren, S.S., "Bidder Cost Revelation in Electric Power Auctions" (December 1992) (Revised version published in Journal of Regulatory Economics, 6(1), February 1994, pp. 5-26)
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| PWP-005 |
Gilbert, R.J., Stoft, S., "A Review and Analysis of Electric Utility Conservation Incentives" (November 1992) (Revised version published in Yale Journal of Regulation, 11(1), Winter 1994, pp. 1-42)
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| PWP-004 |
Kahn, E.P., "Integrating Market Processes Into Utility Resource Planning" (October 1992)
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| PWP-003 |
Brownstone, D., Lave, C., "Transportation Energy Use" (September 1992) (Revised version published in The Environment of Oil, Studies in Industrial Organization, Vol. 17, Kluwer Academic, 1993.)
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| PWP-002 |
Lewis, T.R., "Designing Utility-Tailored Incentive Programs for Energy Efficiency and Conservation" (September 1992)
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| PWP-001R |
Borenstein, S., Cameron, A.C., Gilbert, R.J., "Do Gasoline Prices Response Asymmetrically to Crude Oil Price Changes?" (Revised June 1994) (Revised version published in Quarterly Journal of Economics, 112(1), February 1997, pp. 305-339)
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