ASSESSING COMPETITION IN BRAZIL’S ELECTRICITY MARKET IF BID-BASED DISPATCH WERE ADOPTED

ABSTRACT Market simulation, based on structural characteristics, is a useful tool for ex-ante competition analysis of major market changes, such as: market liberalization, mergers and acquisitions, divestitures, and regulatory reforms. In this paper, Cournot-Nash simulation is used to evaluate the e...

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Bibliographic Details
Main Authors: Richard L. Hochstetler, João D. Cho
Format: Article
Language:English
Published: Universidade Federal do Rio de Janeiro
Series:Revista de Economia Contemporânea
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482019000200203&lng=en&tlng=en