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http://hdl.handle.net/2445/175070| Title: | Private management and strategic bidding behavior in electricity markets: Evidence from Colombia |
| Author: | Suárez, Carlos |
| Keywords: | Indústries elèctriques Oligopolis Privatització Electric industries Oligopolies Privatization |
| Issue Date: | 2021 |
| Publisher: | Universitat de Barcelona. Facultat d'Economia i Empresa |
| Series/Report no: | [WP E-IR21/02] |
| Abstract: | In this paper I undertake a policy evaluation of the impact of the switch from public to private management of electricity generation units on their price bidding strategies. I draw on information about the bidding strategies of units in the Colombian electricity market to perform a double difference analysis. The evidence observed is coherent with theoretical behavioral predictions for profit maximizing agents facing short positions in forward contracts. |
| Note: | Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2021/202102.pdf |
| It is part of: | IREA – Working Papers, 2021, IR21/02 |
| URI: | http://hdl.handle.net/2445/175070 |
| Appears in Collections: | Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA)) |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| IR21_002_Suarez_Private management.pdf | 3.04 MB | Adobe PDF | View/Open |
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