Full metadata record
DC Field | Value | Language |
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dc.contributor.author | Ciarreta, Aitor - Universitat de Pais Vasco | - |
dc.contributor.author | Fatas, Enrique - Universitat de Valencia | - |
dc.contributor.author | Georgantzis, Nikolaos - Universitat Jaume | - |
dc.contributor.author | Gutierrez Hita, Carlos - Universitas Miguel Hernadez | - |
dc.date.accessioned | 2009-12-17T22:12:18Z | - |
dc.date.available | 2009-12-17T22:12:18Z | - |
dc.date.issued | 2007 | - |
dc.identifier.uri | http://hdl.handle.net/2451/28511 | - |
dc.description.abstract | We present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent alternative market structures. In one of them, labeled as vertical separation, we assume that power generating firms and electricity distributors-end-suppliers belong to separate business groups. In the second, we study the effect of entry by independent end-suppliers. Both alternative scenarios dominate the status quo in terms of market efficiency, whereas the latter of them dominates the former. | en |
dc.relation.ispartofseries | NET Institute Working Paper;07-31 | - |
dc.subject | Experimental economics, Spanish Electricity Market, vertical relations | en |
dc.title | Vertical Separation vs. Independent Entry in the Spanish Electricity Network: An Experimental Approach | en |
Appears in Collections: | NET Institute Working Papers Series |
Files in This Item:
File | Description | Size | Format | |
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Georgantzis_07-31.pdf | 612.97 kB | Adobe PDF | View/Open |
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