Electricity Market Design: The Good, the Bad, and the Ugly
| dc.contributor.author | Cramton, Peter | |
| dc.date.accessioned | 2007-08-08T14:13:10Z | |
| dc.date.available | 2007-08-08T14:13:10Z | |
| dc.date.issued | 2003-01 | |
| dc.description.abstract | This paper examines principles of market design as applied to electricity markets. I illustrate the principles with examples of both good and bad designs. I discuss one of the main design challenges—dealing with market power. I then discuss FERC’s choice of a standard market design. | en |
| dc.format.extent | 69591 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.identifier.citation | "Electricity Market Design: The Good, the Bad, and the Ugly," Proceedings of the Hawaii International Conference on System Sciences, January, 2003. | |
| dc.identifier.uri | http://hdl.handle.net/1903/7078 | |
| dc.language.iso | en_US | en |
| dc.publisher | Hawaii International Conference on System Sciences | |
| dc.relation | Copyright 2003 IEEE. Published in the Proceedings of the Hawai'i International Conference on System Sciences, January 2003, Big Island, Hawaii. | |
| dc.relation.isAvailableAt | Digital Repository at the University of Maryland | en_us |
| dc.relation.isAvailableAt | Economics Department | en_us |
| dc.relation.isAvailableAt | College of Behavioral and Social Sciences | en_us |
| dc.relation.isAvailableAt | University of Maryland (College Park, Md.) | en_us |
| dc.rights.license | Copyright 2003 IEEE. Published in the Proceedings of the Hawai'i International Conference on System Sciences, January 2003, Big Island, Hawaii. | |
| dc.subject | Electricity market design | en |
| dc.subject | Standard market design | en |
| dc.title | Electricity Market Design: The Good, the Bad, and the Ugly | en |
| dc.type | Article | en |