Claude Crampes

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Despite all of the talk about " deregulation " of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market price caps, operating reserve requirements, non-price rationing protocols, and administrative protocols for managing system emergencies.(More)
We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load profiling of consumers whose traditional meters do not allow for measurement of their real time consumption, when consumers are homogeneous up to a scaling factor. In general, the combination of retail competition and load profiling does not(More)
Adoption of real-time electricity pricing—retail prices that vary hourly to reflect changing wholesale prices—removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are likely to oppose RTP initiatives unless there is a supplemental program(More)
The paper asks how a for-profit cable or satellite operator allocates a fixed channel capacity to different program types and how the different channels are bundled and priced. It also addresses the question how channel allocation and bundling decisions made by a for-profit firm differ from the decisions a welfare-maximizing firm would make. It also(More)
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