residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …

We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This … for significant market power in high demand hours. During some months, congestion over Path 15, the primary in-state north …-south transmission line, exacerbates the market power potential in northern California. While these results make deregulation of …

Electricity restructuring has created the opportunity for producers to exercise market power. Oligopolists increase … implications of production inefficiencies attributed to market power in the Pennsylvania, New Jersey, and Maryland electricity … market. Air pollution fell substantially during 1999, the year in which both electricity restructuring and new environmental …

We study price convergence between the two major markets for wholesale electricity in California from their … deregulation in April 1998 through November 2000, nearly the end of trading in one market. We would expect profit … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity …

electricity prices in peak hours, contrary to predictions from short run models, while decreasing Capacity Market prices and total … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The … counterfactual bid functions. This routine is nested as the second stage of a static entry game that models the Capacity Market, an …

This paper quantifies and decomposes recent trends in U.S. PM2.5 disparities from the electricity sector using a high …-resolution pollution transport model. Between 2000-2018, PM2.5 concentrations from electricity fell by 89% for the average individual, more … dramatic convergence: since 2000, the Black-White PM2.5 disparity from electricity has narrowed by 95% and the Hispanic …

The manufacturing sector in Taiwan has a market structure composed of large numbers of small firms, a focus on less … argued that these features lower the start-up costs of new manufacturing firms. Recent theoretical models of market evolution … the domestic and export market. Cohorts of new firms have lower average productivity than incumbents but are also a …

What prevents the spread of information among coworkers, and which management practices facilitate workplace knowledge … flows? We conducted a field experiment in a sales company, addressing these questions with three active treatments. (1 …) Encouraging workers to talk about their sales techniques with a randomly chosen partner during short meetings substantially lifted …

Although typically overlooked, many purchase datasets exhibit a high incidence of products with zero sales. We propose … a new estimator for the Random-Coefficients Logit demand system for purchase datasets with zero-valued market shares …