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Asymmetric price effects in the telecommunications services markets

โœ Scribed by Manoj K. Agarwal


Book ID
117319656
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
139 KB
Volume
55
Category
Article
ISSN
0148-2963

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An analysis suggests that price volatility has been caused by generators' exercise of market power. The response by the California ISO has included the imposition of a fixed price cap and reforms intended to curb market power; but mechanisms used in other restructured electricity markets could have