Vertical Arrangements, Market Structure, and Competition An Analysis of Restructured U.S. Electricity Markets

By James Bushnell, Erin T. Mansur, Celeste Saravia. 2008

402 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Electrical and Electronic Engineering, Media Technology

View Paper: https://www.semanticscholar.org/paper/eaf797e1d2895c10f0fdaf77b5cdfc9f95b4dfb2

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Citations in the corpus

Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market (2015, background): “In the most closely related paper, Giulietti et al. [forthcoming] estimate an equilibrium model of search costs to explain price dispersion in the British electricity market. Retail choice has been investigated in natural gas (Giulietti et al. [2005]) and telecommunications (Miravete [2003] and Mira”
Impacts of the German Support for Renewable Energy on Electricity Prices, Emissions, and Firms (2009, background): “This procedure allows us to assess the “space of possible static, non cooperative outcomes” as Bushnell et al. (2008) put it.”
Implications of CO2 emissions trading for short-run electricity market outcomes in northwest Europe (2008, background): “Perfect competition and Cournot assumptions provide the most and least competitive market conditions, respectively, and have been commonly used to estimate the lower and upper bounds of possible power prices (Bushnell et al. 2008).”
A review of the value of aggregators in electricity systems (2017, background): “Certain scholars have argued that this vertical integration decreases incentives to exercise market power in wholesale electricity markets [16]; however, other scholars have noted that this vertical integration creates barriers to entry for retailers, reducing competition [17].”
Pricing and Firm Conduct in California's Deregulated Electricity Market (2007, background): “26 In fact, other markets that have required forward contracting or vesting contracts do not exhibit evidence of substantial market power except at high levels of demand (Bushnell et al., 2005).”
Intermittency and the Value of Renewable Energy (2011, neutral): “We estimate the parameters of net import supply using the methods of Bushnell et al. (2008).”
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.”
Lessons Learned From Electricity Market Liberalization (2008, background): “See also Bushnell, Mansur and Saravia (2007) and Mansur (2007).”
Pass-Through of Emissions Costs in Electricity Markets (2014, neutral): “…given by, markupit(qit) = ∣∣∣∂pit(qit) ∂qit ∣∣∣qNit , where qNit is the net quantity sold by the firm, i.e., its production minus its vertical commitments (Bushnell et al., 2008), and pit is the inverse residual demand a firm faces, i.e., it gives the resulting market clearing price if the firm…”
Measuring Welfare in Restructured Electricity Markets (2008, background): “The value function, V (Sit), depends on several parameters.”
Strategic Supply Function Competition with Private Information (2008, neutral): “There is evidence of private information in Treasury auctions, which prices feature a discount from secondary market prices, increasing with the noise in the signal of the bidders, as well as of auctions prices aggregating information (Cammack (1991), Nyborg et al. (2002)).”