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Persistent link: https://www.econbiz.de/10012084113
This paper determines three alternative Hopkinson tariffs to replace the Israel Electric Corporation's time-of-use (TOU) energy rate. The first apportions any system residual revenue requirement between customer classes, based on their respective historic peak demands. The second collects the...
Persistent link: https://www.econbiz.de/10005443116
It is well-established that a baseball player's salary is based on his performance, experience, star status, bargaining power, mobility and his team's ability to pay. This paper focuses on veteran players who are on the brink of retirement and on the determinants of their salaries. It is found...
Persistent link: https://www.econbiz.de/10005443192
We test and cannot reject the hypothesis that retail pricing of natural gas is transparent for commercial and residential customers served by regulated local distribution companies in the United States. The periods of adjustment to a wholesale price change are 1.54 months for the commercial...
Persistent link: https://www.econbiz.de/10011005984
Ruggiero et al. (1997) argue that the 'Pythagorean Theorem' is an inappropriate basis for evaluating baseball managers and has an illogical arithmetic property that can result in a manager's evaluation being dependent upon the strength of his team. Their argument in the former regard is based on...
Persistent link: https://www.econbiz.de/10005793105
The Granger-causality test is applied to the annual attendance and win-percentage data for 29 major-league teams. It is shown that bidirectional causality exists for these teams and that there are some essential differences between the original 10 of 16 franchises that comprised the majors in...
Persistent link: https://www.econbiz.de/10005200265
This paper develops a linear regression model for using actively traded NYMEX natural gas futures as a cross-hedge against electricity spot‐price risk in the Pacific Northwest and for pricing the forward contracts in the presence of temperature and hydro risks. Our approach comports with...
Persistent link: https://www.econbiz.de/10009147072