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Full-Text Articles in Social and Behavioral Sciences
Essays On The Economics Of Sports Wagering Markets, Jacob Lamb
Essays On The Economics Of Sports Wagering Markets, Jacob Lamb
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Economists have long been enamored with using wagering markets and sports data to answer various economic questions. Wagering market data are readily available to answer any number of questions relating to sports and economics. However, most studies surrounding wagering markets have focused on searching for inefficiencies and, consequently, profitable betting strategies against the house. This dissertation takes a different approach, focusing on the information that can be extracted from efficient wagering markets and using that information to answer economic questions. Rather than hunting for inefficiencies, this dissertation confirms the efficiency of wagering markets and uses wagering markets to answer questions …
State Policy Change: Revenue Decoupling In The Electricity Market, Kytson Mcneil
State Policy Change: Revenue Decoupling In The Electricity Market, Kytson Mcneil
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ABSTRACT
The study seeks to answer the question, why are states adopting revenue decoupling in the electricity market, by investigating the relationship between policy adoption and attributes of the electricity market, the structure of the state utility commissions, and the political climate of the state. The study examines the period 1978-2008. Two econometric models, the marginal risk set model and the conditional risk set model, are estimated to predict the influence of covariates on the probability of the state adopting revenue decoupling in the electricity market. The models are both variants of the Cox proportional hazard model and use different …
Essays On Electricity Regulation And Restructuring, Earl Davis
Essays On Electricity Regulation And Restructuring, Earl Davis
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The study of the regulation of the electric power industry is important to understanding the role of the industry in the economic development of this country. These essays attempt to clarify the analysis and emphasize the salient features of regulation and the restructuring of the electric power industry and the organization of the firms that make up the industry.