Consumer surplus bias and the welfare effects of price discrimination |
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Authors: | Galera Francisco Garcia-del-Barrio Pedro Mendi Pedro |
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Affiliation: | 1.PJM Interconnection, LLC, Norristown, USA ; |
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Abstract: | Journal of Regulatory Economics - This paper examines the incentives for efficient pricing mechanism in markets with non-convexities. The wholesale electricity market is a prominent example.... |
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