2000•The RAND Journal of EconomicsOpen access

Transmission Rights and Market Power on Electric Power Networks

Paul L. Joskow, Jean Tirole

Abstract

In a companion paper (Joskow-Tirole 1998), we examined whether and how the allocation of financial transmission rights may enhance the market power of sellers or buyers of electricity in a deregulated electricity auction market with locational pricing that reflects congestion on the transmission network. In such a market, prices may differ from one location to another when

About this research paper

What this paper is about

Why it matters

OpenAlex reports 565 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Electricity market, Transmission (telecommunications), Market power, Electricity, Business, Electric power industry, Economics, Industrial organization