This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market … operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is … similar relative market power findings are obtained if the electricity buyer and seller populations instead each engage in …

job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to …This study uses an agent-based computational labor market framework to experimentally study the relationship between … behaviors over time. The main finding is that job capacity consistently trumps job concentration when it comes to predicting the …

zero. The paper shows that declining nominal prices were a rather common phenomenon during this period of low or no … inflation. The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies …. Hence, the downward rigidity of nominal prices has not prevented relative price adjustments under price stability. The paper …

This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government … limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers’ social security …

-interests confront the challenge of cleaning up the environment through recycling and other waste management programs. Among these agents …

usually stems from unpredictability of demand and/or prices of energy, or from resource availability and prices. Since most … models deal with electricity investments and operations, but some oil and gas applications are also presented. We consider … research coincides with the birth of linear programming, and most models within the market paradigm have not yet found their …