Using economic experiments to test electricity policy

Lynne Kiesling

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)43-50
Number of pages8
JournalElectricity Journal
Volume18
Issue number9
DOIs
StatePublished - Nov 2005

ASJC Scopus subject areas

  • Energy (miscellaneous)
  • Law
  • Management of Technology and Innovation
  • Business and International Management

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