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Outsourcing of labor services grew substantially during the 1980s and 1990s and was associated with lower
wages, fewer benefits, and lower rates of unionization. The authors focus on two occupations ...
Measuring the Benefits of Greater Spatial Granularity in Short-Term Pricing in Wholesale Electricity Markets
Short-Term Pricing Greater Spatial Granularity
2015/7/31
This paper quantifies the economic benefits associated with the introduction of greater
spatial granularity in short-term pricing in the
California wholesale electricity market. On
April 1, 2009...
Designing a Competitive Wholesale Electricity Market That Benefits Consumers
Benefits Consumers Electricity Market
2015/7/31
All wholesale electricity markets currently operating in the United States are unlikely to
yield significant consumer benefits relative to the former vertically-integrated monopoly regime
because of...
QUANTIFYING THE SUPPLY-SIDE BENEFITS FROM FORWARD CONTRACTING IN WHOLESALE ELECTRICITY MARKETS
WHOLESALE ELECTRICITY MARKETS SUPPLY-SIDE BENEFITS
2015/7/31
The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with
step-function supply curves is used to estimate cost functions for electricity generatio...