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