Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124309989> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W3124309989 abstract "We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of forward contracts prior to competing in the wholesale market. We apply our model to Alberta’s wholesale electricity market. Firms have an incentive to reduce their forward contract coverage in the more concentrated post-merger equilibrium. We demonstrate that endogenous forward contracting magnifies the price increasing impacts of mergers, resulting in larger reductions in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms’ preexisting forward commitments. We illustrate that ignoring the endogenous nature of firms’ forward commitments can yield biased conclusions regarding the impacts of market structure changes such as mergers. In particular, we show that the price effects of mergers can be largely underestimated when forward contract quantities are held at pre-merger levels. Whether the profits of the merged firm are greater with fixed or endogenous forward quantities is ambiguous." @default.
- W3124309989 created "2021-02-01" @default.
- W3124309989 creator A5002995832 @default.
- W3124309989 creator A5037435307 @default.
- W3124309989 date "2016-01-01" @default.
- W3124309989 modified "2023-09-24" @default.
- W3124309989 title "Electricity Market Mergers with Endogenous Forward Contracting" @default.
- W3124309989 cites W1512520166 @default.
- W3124309989 cites W3124434341 @default.
- W3124309989 doi "https://doi.org/10.2139/ssrn.2808637" @default.
- W3124309989 hasPublicationYear "2016" @default.
- W3124309989 type Work @default.
- W3124309989 sameAs 3124309989 @default.
- W3124309989 citedByCount "1" @default.
- W3124309989 countsByYear W31243099892017 @default.
- W3124309989 crossrefType "journal-article" @default.
- W3124309989 hasAuthorship W3124309989A5002995832 @default.
- W3124309989 hasAuthorship W3124309989A5037435307 @default.
- W3124309989 hasBestOaLocation W31243099892 @default.
- W3124309989 hasConcept C106159729 @default.
- W3124309989 hasConcept C106306483 @default.
- W3124309989 hasConcept C119599485 @default.
- W3124309989 hasConcept C127413603 @default.
- W3124309989 hasConcept C144133560 @default.
- W3124309989 hasConcept C146733006 @default.
- W3124309989 hasConcept C162324750 @default.
- W3124309989 hasConcept C175444787 @default.
- W3124309989 hasConcept C206658404 @default.
- W3124309989 hasConcept C2775881736 @default.
- W3124309989 hasConcept C2781127519 @default.
- W3124309989 hasConcept C29122968 @default.
- W3124309989 hasConcept C38904191 @default.
- W3124309989 hasConcept C40700 @default.
- W3124309989 hasConcept C52837651 @default.
- W3124309989 hasConcept C556758197 @default.
- W3124309989 hasConceptScore W3124309989C106159729 @default.
- W3124309989 hasConceptScore W3124309989C106306483 @default.
- W3124309989 hasConceptScore W3124309989C119599485 @default.
- W3124309989 hasConceptScore W3124309989C127413603 @default.
- W3124309989 hasConceptScore W3124309989C144133560 @default.
- W3124309989 hasConceptScore W3124309989C146733006 @default.
- W3124309989 hasConceptScore W3124309989C162324750 @default.
- W3124309989 hasConceptScore W3124309989C175444787 @default.
- W3124309989 hasConceptScore W3124309989C206658404 @default.
- W3124309989 hasConceptScore W3124309989C2775881736 @default.
- W3124309989 hasConceptScore W3124309989C2781127519 @default.
- W3124309989 hasConceptScore W3124309989C29122968 @default.
- W3124309989 hasConceptScore W3124309989C38904191 @default.
- W3124309989 hasConceptScore W3124309989C40700 @default.
- W3124309989 hasConceptScore W3124309989C52837651 @default.
- W3124309989 hasConceptScore W3124309989C556758197 @default.
- W3124309989 hasLocation W31243099891 @default.
- W3124309989 hasLocation W31243099892 @default.
- W3124309989 hasOpenAccess W3124309989 @default.
- W3124309989 hasPrimaryLocation W31243099891 @default.
- W3124309989 hasRelatedWork W1493937149 @default.
- W3124309989 hasRelatedWork W2005987475 @default.
- W3124309989 hasRelatedWork W2090668441 @default.
- W3124309989 hasRelatedWork W2109006647 @default.
- W3124309989 hasRelatedWork W2120481946 @default.
- W3124309989 hasRelatedWork W2156069584 @default.
- W3124309989 hasRelatedWork W2205556759 @default.
- W3124309989 hasRelatedWork W2212863639 @default.
- W3124309989 hasRelatedWork W2555970458 @default.
- W3124309989 hasRelatedWork W2757701114 @default.
- W3124309989 hasRelatedWork W280161000 @default.
- W3124309989 hasRelatedWork W2944530002 @default.
- W3124309989 hasRelatedWork W3111074001 @default.
- W3124309989 hasRelatedWork W3121400091 @default.
- W3124309989 hasRelatedWork W3121454054 @default.
- W3124309989 hasRelatedWork W3122088166 @default.
- W3124309989 hasRelatedWork W3123095398 @default.
- W3124309989 hasRelatedWork W3123206586 @default.
- W3124309989 hasRelatedWork W3123432702 @default.
- W3124309989 hasRelatedWork W3124679465 @default.
- W3124309989 isParatext "false" @default.
- W3124309989 isRetracted "false" @default.
- W3124309989 magId "3124309989" @default.
- W3124309989 workType "article" @default.