You keep using that word ...
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Concentrated benefits and diffuse costs explain a lot
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[I am off at 0-dark-hundred Wednesday morning to the 2023 Public Choice Society annual meetings, so below is a sadly-still-relevant essay I wrote in…
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Should the same organization operate both transmission grids and wholesale markets?
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From the KP Archive, with relevance to current electricity questions
The default presumption should be to quarantine the monopoly
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How do regulated firms have anticompetitive effects on related markets?
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There's more to the story than scale economies, and why that matters today
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Knowledge Problem