The industry's history of central generation, coordination, and regulation breeds a natural suspicion of whether or not decentralized coordination and a more market-based, decentralized regulatory approach can work. To see how people will behave in a decentralized environment with decentralized institutions, one must test the environment and institutions experimentally, with real people.
ASJC Scopus subject areas
- Energy (miscellaneous)
- Management of Technology and Innovation
- Business and International Management