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Imperfect Markets versus Imperfect Regulation in US Electricity Generation - American Economic Association

  • Paper
  • Feb, 2022
  • #EnergyPolicy #PoliticalEconomy
Steve Cicala
@SteveCicala
(Author)
www.aeaweb.org
Read on www.aeaweb.org
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Imperfect Markets versus Imperfect Regulation in US Electricity Generation by Steve Cicala. Published in volume 112, issue 2, pages 409-41 of American Economic Review, February 2022... Show More

Imperfect Markets versus Imperfect Regulation in US Electricity Generation by Steve Cicala. Published in volume 112, issue 2, pages 409-41 of American Economic Review, February 2022, Abstract: This paper evaluates changes in electricity generation costs caused by the introduction of market mechanism...

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Robin Hanson @robinhanson · Mar 15, 2022
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"electricity generation … introduction of market mechanisms … in the U.S. … 1999 to 2012 … markets reduce production costs by 5 percent"
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