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Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service areas, where households in the same city experience substantially(More)
Tecadenoson is a novel selective A1 adenosine receptor agonist that is currently being evaluated for the conversion of paroxysmal supraventricular tachycardia (PSVT) to sinus rhythm. By selectively targeting the A1 receptor, tecadenoson may be associated with fewer adverse effects such as flushing, dyspnea, chest discomfort, and hypotension than adenosine,(More)
California is in the process of implementing a broad portfolio of policies and regulations aimed at reducing greenhouse gas emissions. This paper summarizes the initiatives likely to impact the electricity generating sector. We present calculations showing that there is a substantial risk that two of the most prominent policies could simply result in a(More)
Many countries use substantial public funds to subsidize reductions in negative ex-ternalities. However, such subsidies create asymmetric incentives because increases in externalities remain unpriced. This paper examines implications of such asymmetric subsidy incentives by using a regression discontinuity design in California's electricity rebate program(More)
We analyze the effects of the New Source Review (NSR) environmental regulations on coal-fired electric power plants. Regulations that grew out of the Clean Air Act of 1970 required new electric generating plants to install costly pollution control equipment but exempted existing plants. Plants lost their exemptions if they made " major modifications. " We(More)
Regulators often use conservation targeting rebate programs to promote energy conservation. Consumers participating in such programs receive a financial reward if they achieve a targeted level of conservation. The e↵ectiveness of the programs, however, remains highly controversial because non-experimental data rarely provide reliable estimates of the(More)
  • J M Scholey, Brust-Mascher, +33 authors E J G Combining
  • 2005
26 , 1 mM GTP and 2 mM dithiothreitol, followed by incubation at 35 8C for 20 min. NEM-tubulin was added to inhibit minus-end growth, resulting in rhodamine-microtubule growth from the plus-end of the Cy5-labelled seeds only. Polymerized microtubules were stabilized using 10 mM paclitaxel (Sigma). In vitro assays Assays were performed at 21 8C using an(More)
This paper exploits price variation in residential water pricing in Southern California to examine how consumers respond to nonlinear pricing. Contrary to a prediction from the standard theory of nonlinear budget sets, I find no bunching of consumers around the kink points of nonlinear price schedule. I then explore whether consumers respond to an(More)
California is considering the adoption of a cap-and-trade regulatory mechanism for regulating the greenhouse gas emissions from electricity and perhaps other industries. Two options have been widely discussed for implementing cap-and-trade in the electricity industry. The first is to regulate the emissions from electricity at the load-serving entity (LSE)(More)
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