On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices
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The standard economic model of efficient competitive markets relies on the ability of sellers to charge prices that vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged realtime prices (RTP), prices that can change as frequently
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美国国家经济研究局创建时间：
2003-08-01
