An Empirical Analysis of the Potential for Market Power in California's Electricity Industry
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We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This approach recognizes that firms might have an incentive to restrict output in order to raise price and enables us to explicitly analyze each firm's ability to do so. We find that,
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美国国家经济研究局创建时间：
1998-03-01
