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36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 2
Big Island, Hawaii
January 06-January 09
ISBN: 0-7695-1874-5
Peter Cramton, University of Maryland
This paper examines principles of market design as applied to electricity markets. I illustrate the principles with examples of both good and bad designs. I discuss one of the main design challenges-dealing with market power. I then discuss FERC's choice of a standard market design.
Citation:
Peter Cramton, "Electricity Market Design: The Good, the Bad, and the Ugly," hicss, vol. 2, pp.54b, 36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 2, 2003
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