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Transmission Rights and Market Power on Electric Power Networks

โœ Scribed by Paul L. Joskow and Jean Tirole

Book ID
124760260
Publisher
The RAND Corporation
Year
2000
Tongue
English
Weight
757 KB
Volume
31
Category
Article
ISSN
0741-6261

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## Abstract This paper develops a nonlinear, mathematical programming model for estimating production decisions in an open access, regional power market. Our approach allows one to estimate competitive power market equilibrium prices, which in turn offers empirical conclusions about marginal genera