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Working Papers

From Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
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0607: The Convergence of Market Designs for Adequate Generating Capacity with Special Attention to the CAISO’s Resource Adequacy Problem Downloads
Peter Cramton and Steven Stoft
0606: Energy Prices and Energy Intensity in China A Structural Decomposition Analysis and Econometrics Study Downloads
Xiaoyu Shi and Karen R. Polenske
0605: Using Futures Prices to Filter Short-term Volatility and Recover a Latent, Long-term Price Series for Oil Downloads
Miguel Herce, John E. Parsons and Robert C. Ready
0604: Short & long run transmission incentives for generation location Downloads
Ralph Turvey
0603: Efficient bidding for hydro power plants in markets for energy and ancillary services Downloads
Dmitri Perekhodtsev and Lester Lave
0602: Rational Plunging and the Option Value of Sequential Investment The Case of Petroleum Exploration Downloads
James Smith and Rex Thompson
0601: The Economic Impacts of Climate Change Evidence from Agricultural Profits and Random Fluctuations in Weather Downloads
Olivier Deschenes and Michael Greenstone
0517: $2.00 Gas! Studying the Effects of Gas Tax Moratorium Downloads
Joseph J. Doyle, Jr. and Krislert Samphantharak
0516: Market power in a storable-good market - Theory and applications to carbon and sulfur trading Downloads
Matti Liski and Juan-Pablo Montero
0515: Electricity Internal Market in the European Union - What to do next? Downloads
Jean-Michel Glachant and François Lévêque
Paul Joskow
0513: Oil and Natural Gas Reserve Prices- Addendum to CEEPR WP 03-016, Including Results for 2003 and Revisions to 2001 Downloads
M.A. Adelman and G.C. Watkins
Paul Joskow
0511: Welfare-enhancing collusion in the presence of a competitive fringe Downloads
Juan-Pablo Montero and Juan Ignacio Guzmán
0510: The Costs of Environmental Regulation in a Concentrated Industry Downloads
Stephen Ryan
0509: What should the government do to encourage technical change in the energy sector? Downloads
John Deutch
0508: Regulation of Natural Monopolies Downloads
Paul Joskow
0507: Diversification and the Value of Exploration Portfolios Downloads
James Smith and Rex Thompson
0506: Forward trading and collusion in oligopoly Downloads
Matti Liski and Juan-Pablo Montero
0505: The Efficiency and Robustness of Allowance Banking in the U.S. Acid Rain Program Downloads
A. Denny Ellerman and Juan-Pablo Montero
0504: Patterns of Transmission Investment Downloads
Paul Joskow
0503: Electricity Market Reform in the European Union - Review of Progress toward Liberalization & Integration Downloads
Tooraj Jamasb and Michael Pollitt
0502: A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems Downloads
Paul Twomey, Richard Green, Karsten Neuhoff and David M Newbery
0501: A Residential Energy Demand System for Spain Downloads
Xavier Labandeira, Jose Labeaga and Miguel Rodriguez
0422: Unraveling the Chinese Oil Puzzle Downloads
R.S. Eckaus
0421: Gasoline Price Spikes and Regional Gasoline Content Regulations - A Structural Approach Downloads
Erich Muehlegger
0420: Electricity Transmission Pricing: How much does it cost to get it wrong? Downloads
Richard Green
0419: The Chicago VOC Trading System: The Consequences of Market Design for Performance Downloads
R. F. Kosobud, Houston Stokes, C.D. Tallarico and B.L. Scott
0418: Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency Downloads
Nancy Rose, Kira Markiewicz and Catherine Wolfram
0417: Transmission Policy in the United States Downloads
Paul Joskow
0416: Electricity Reform in Chile Lessons for Developing Countries Downloads
Michael Pollitt
0415: Tradable permits with incomplete monitoring - Evidence from Santiago's particulate permits program Downloads
Juan-Pablo Montero
0414: Pollution markets with imperfectly observed emissions Downloads
Juan-Pablo Montero
0413: Market Power in the England and Wales Wholesale Electricity Downloads
Andrew Sweeting
0412: Forward trading and collusion in oligopoly Downloads
Matti Liski and Juan-Pablo Montero
0410: Did English Generators Play Cournot? Capacity withholding in the Electricity Pool Downloads
Richard Green
0409: Retail Electricity Competition Downloads
Paul Joskow and Jean Tirole
0408: Reliability and Competitive Electricity Markets Downloads
Paul Joskow and Jean Tirole
0407: Did the Clean Air Act Cause the Remarkable Decline in Sulfur Dioxide Concentrations? Downloads
Michael Greenstone
0406: Air Quality, Infant Mortality, and the Clean Air Act of 1970 Downloads
Kenneth Chay and Michael Greenstone
0405: A Note on Market Power in an Emission Permits Market with Banking Downloads
Matti Liski and Juan-Pablo Montero
0404: The Option to Try Again: Valuing a Sequence of Dependent Trials Downloads
James Smith
0403: Managing a Portfolio of Real Options: Sequential Exploration of Dependent Prospects Downloads
James Smith and Rex Thompson
0402: International Market Integration for Natural Gas? A Cointegration Analysis of Prices in Europe, North America and Japan Downloads
Guillaume L'Hegaret, Boriss Siliverstovs and Christian Hirschhausen
0401: The Sources of Emission Reductions: Evidence from U.S. SO2 Emissions from 1985 through 2002 Downloads
A. Denny Ellerman and Florence Dubroeucq
0316: Oil and Natural Gas Reserve Prices 1982-2002: Implications for Depletion and Investment Cost Downloads
M. A. Adelman and G. C. Watkins
0315: Are cap-and-trade programs more environmentally effective than conventional regulation? Downloads
A. Denny Ellerman
0314: Electricity Sector Restructuring And Competition - Lessons Learned Downloads
Paul Joskow
0313: Energy Policies and Their Consequences After 25 Years Downloads
Paul Joskow
Robert Pindyck
0311: Petroleum Property Valuation Downloads
James Smith
0310: Diagnosing and Mitigating Market Power in Chile's Electricity Industry Downloads
M. Soledad Arellano
0309: Lessons from Phase 2 Compliance with the U.S. Acid Rain Program Downloads
A. Denny Ellerman
0308: The Difficult Transition to Competitive Electricity Markets in the U.S Downloads
Paul Joskow
0307: Why did British electricity prices fall after 1998? Downloads
Joanne Evans and Richard Green
0306: Distinguishable Patterns of Competition, Collusion, and Parallel Action Downloads
James Smith
0305: Inscrutable OPEC? Behavioral Tests of the Cartel Hypothesis Downloads
James Smith
0304: Merchant Transmission Investment Downloads
Paul Joskow and Jean Tirole
0303: Ex Post Evaluation of Tradable Permits, The U. S. SO2 Cap-and-Trade Program Downloads
A. Denny Ellerman
0302: Trends and Breaks in per-capita Carbon Dioxide Emissions, 1870-2028 Downloads
Markku Lanne and Matti Liski
0301: Comments on FERC's Standard Market Design Proposals Downloads
Paul Joskow
0212: Transmission Pricing of Distributed Multilateral Energy Transactions to Ensure System Security and Guide to Economic Dispatch Downloads
Marija Ilic, Eric Hsieh and Prasad Ramanan
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