This paper analyses the interdependencies existing in wholesale electricity prices in six major European countries. The results of a robust multivariate long-run dynamic analysis reveal the presence of four highly integrated central European markets (France, Germany, the Netherlands and...

In this paper we apply a model of optimal bidding behavior to the Italian wholesale electricity market under three hypotheses: i) costs of generation are private knowledge, ii) firms can be vertically integrated, and iii) firms can sell part of their production in advance with bilateral...

In many electricity markets the production capacity of a single supplier may be necessary to satisfy the total demand even when its competitors offer their total capacity. These pivotal suppliers are expected to sell at monopolistic prices on their portions of the market demand.

The possible relationship between warm katabatic winds and human health and behaviour is analyzed; notwithstanding popular belief which is very positive about it, the connection has not been previously analyzed with the proper methods. We use a statistical model to address this question and our...

In this paper, we propose a new least-squares based procedure to extract exogenous and endogenous latent variables in formative-reflective structural equation models. The procedure is a valuable alternative to PLS-PM and Lisrel; it is fully consistent with the causal structure of...

This is a review of Norman Matloff's book "The Art of R Programming".