Coordinated electricity spot markets support open access to existing transmission grids. Associated financial transmission rights provide…
Using experiments, we examine whether the decision to trust a stranger in a one-shot interaction is equivalent to taking a risky bet, or if…
This paper reviews lessons that can be learned from U.S. experiences with market-based environmental policies and from related research.…
This paper employs experiments to examine the effects of social comparisons in ultimatum bargaining. We inform responders on the average…