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Structural features that contribute to market power in electric power networks: some preliminary results
Proceedings of the 33rd Annual Hawaii International Conference on System Sciences
In this paper we report an experiment that examines a primary concern of policy makers: how a structural feature of electric power networks can contribute to the exercise of market power by well-positioned players in deregulated markets. One such feature is the distribution of ownership of a given set of generating assets. For example, two large firms could be allocated baseload and intermediate generators such that either firm would be willing to withhold unilaterally the capacity of itsdoi:10.1109/hicss.2000.926761 dblp:conf/hicss/RassentiSW00 fatcat:gx5npgsd4fcjrcnao3z4ehf7ku