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Full-Text Articles in Economic Theory
Auction Design For Standard Offer Service, Peter Cramton, Andrew Parece, Robert Wilson
Auction Design For Standard Offer Service, Peter Cramton, Andrew Parece, Robert Wilson
Peter Cramton
During the transition to a competitive electricity market, when a consumer does not select an electricity provider, who provides service to the customer and at what price? An auction for this "standard offer service" is a market-based way to assign the service responsibility and to determine its price. We explore the design issues in establishing rules for such an auction.
The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky
The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky
Charles F Mason
No abstract provided.