Center for Energy and Environmental Policy Research: Recent submissions
Now showing items 70-72 of 334
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Market Power in Pollution Permit Markets
(MIT Center for Energy and Environmental Policy Research, 2009-04)As with other commodity markets, markets for trading pollution permits have not been immune to market power concerns. In this paper, I survey the existing literature on market power in permit trading but also contribute ... -
Measuring the degree of economic opening in the German electricity market
(MIT Center for Energy and Environmental Policy Research, 2004) -
Expandability, reversibility, and optimal capacity choice
(MIT Center for Energy and Environmental Policy Research, 1997)We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically, we consider costs of investing or disinvesting that ...


