Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market, 1998-2000

By F. Wolak. 2003

277 citations recorded by the source corpus.

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Real Time Pricing and Electricity Markets (2009, background): “23The e¤ects of forward contracting on pricing decisions in electricity markets are explored by Bushnell, Mansur, and Saravia (2008), Gans and Wolak (2008), Wolak (2003, 2005), and others.”
The EU internal electricity market: Done forever? (2014, background): “[51] showed that more accurate definitions of market power, and more sophisticated econometrics, might be able to identify most of the “new industrial economics” ways in which market power is abused in power markets.”
Measuring Welfare in Restructured Electricity Markets (2008, background): “These include Wolfram (1998), Wolak (2000, 2003), Hortaçsu and Puller (forthcoming), Fabra and Toro (2005), and Puller (2007).”
Price Wars and Collusion in the Spanish Electricity Market (2005, background): “The studies have identified strategic bidding and output decisions by individual firms (Borenstein and Bushnell, 1999; Wolak, 2000, 2003; Wolfram, 1998) and have measured the departures of market outcomes from the competitive benchmark (Borenstein et al., 2002; Joskow and Kahn, 2002; Wolfram, 1999).”
A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems (2005, background): “residual demand schedule, but the econometrics are considerably more demanding, as Wolak (2003) shows.”