Supply function competition in the spanish wholesale electricity market

Energy Journal

Volumn 31, Issue 4, 2010, Pages 137-157

  Ciarreta, Aitor ^a   Espinosa, Maria Paz ^a  

^a UNIVERSITY OF THE BASQUE COUNTRY UPV EHU   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 78049323658     PISSN: 01956574     EISSN: None     Source Type: Trade Journal    
DOI: 10.5547/ISSN0195-6574-EJ-Vol31-No4-6     Document Type: Article

References (26)

1. Akgün, U. (2004). "Mergers with Supply Functions." Journal of Industrial Economics 52(4): 535-546.
2. Bolle, F. (1992). "Supply Function Equilibria and the Danger of Tacit Collusion: The Case of Spot Markets of Electricity." Energy Economics, 14(2): 94-102.
3. Baldick, R., Grant, R., and Kahn, E. (2004). "Theory and Application of Linear Supply Function Equilibrium in Electricity Markets." Journal of Regulatory Economics, 25(2), 143-167.
4. Baldick, R. and W. Hogan (2002). "Capacity Constrained supply function equilibrium models of electricity markets: stability, non-decreasing constraints, and function space iterations." POWER Working Paper PWP-089, UCEI.
5. Borenstein, S., J. B. Bushneil, and F. A. Wolak (2002). "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market." American Economic Review 92, 5: 1376-1405.
6. Bushnell, J., Mansur, E., and Saravia, C. "Vertical Arrangements, Market Structure and Competition: An analysis of Restructured U.S. Electricity Markets." American Economic Review. Vol. 98, No. 1. March 2008.
7. Ciarreta, A., and C. Gutiérrez-Hita (2006), "Supply Function vs. Quantity Competition in Superga-mes." International Journal of Industrial Organization 24: 773-783.
8. Crampes, C. and N. Fabra (2005), "The Spanish Electricity Industry: Plus ca Change..." The Energy Journal, Vol. 26, 127-154.
9. Delgado, J. (2006). "Coalition-proof supply function equilibria under capacity constraints." Economic Theory 29:219-229.
10. Delgado, J. and D. Moreno (2004). "Coalition-proof Supply Function Equilibria in Oligopoly." Jour-nal of Economic Theory 114: 231-254.
11. Fabra, N., von der Fehr and Harbord (2002). "Modeling Electricity Auctions." The Electricity Journal, Vol. 15, No. 7, pp. 72-81.
12. García-Díaz, A. and Marín, P. (2003). "Strategic Bidding in Electricity Pools with Short-Lived Bids: An Application to the Spanish Market." International Journal of Industrial Organization 21(2): 201-222.
13. Green, R. and D. Newbery (1992). "Competition in the British Electricity Spot Market". Journal of Political Economy 100(5): 929-953.
14. Green, R. ( 1996). "Increasing Competition in the British Electricity Market." The Journal of Industrial Economics 44: 205-216.
15. Holmberg, P. (2007). "Asymmetric supply function equilibrium with constant marginal costs." The Energy Journal 28(2): 55-82.
16. Holmberg, P. (2008). "Unique supply function equilibrium with capacity constraints." The Energy Journal 28(2): 55-82.
17. Klemperer P. and M. Meyer (1989). "Supply Function Equilibria in Oligopoly Under Uncertainty." Econometrica 57(6): 1243-1277.
18. Lasheras, M.A. (1998). "Stranded Costs in the Spanish Electricity Industry". Madrid, CNSE (http:// www.cne.es)
19. Laussel, D. (1992). "Strategic Commercial Policy Revisited: A Supply-Function Equilibrium Model". American Economic Review 82(1): 84-99.
20. OMEL Electricity Market Activity Rules, April 2001.
21. Sioshansi, R. and S. Oren (2007). "How good are supply function equilibrium models: an empirical analysis of the ERCOT balancing market." Journal of Regulatory Economics 31: 1-35.
22. Vives, X. (2008). "Strategic supply function competition with private information." D/774, IESE Research Papers, IESE Business School
23. von der Fehr, N.-H. M. and D. Harbord (1993). "Spot Market Competition in the UK Electricity Industry." Economic Journal 103, 418: 531-546.
24. Willeras, B., I. Rumiantseva and H. Weigt (2009), "Cournot versus Supply Functions: What does the data tell us?." Energy Economics 31, p. 38-47.
25. Wolfram, C. (1999). "Measuring duopoly power in the British electricity spot market." American Economic Review 89(4): 805-827.
26. Wolfram, C. (1998). "Strategic bidding in a multi-unit auction: An empirical analysis of bids to supply electricity in England and Wales." Rand Journal of Economics" 29(4): 703-725.