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Title: Private management and strategic bidding behavior in electricity markets: Evidence from Colombia
Author: Suárez, Carlos
Keywords: Indústries elèctriques
Electric industries
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:
It is part of: IREA – Working Papers, 2021, IR21/02
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))

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