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The conference focuses on the crucial linkage between wholesale and retail markets. We think of the market structure as a triangle with three key elements °(TM) regulatory policy, prices, and technolo...
Market Power, Vertical Integration, and the Wholesale Price
vertical integration raising rivals' costs market power
2009/4/28
Wholesale gasoline prices vary significantly from one location to another. City-level
wholesale price differentials can exceed fifty percent of the national average price net of
taxes. This pape...
There is a curious divergence between the debate over how to provide access and price transmission services, and the real source of the bulk of transmission revenues. The fact is that a small compon...