Analysis of current practices for detecting market power in colombia’s wholesale power market
The current practices for detecting market power in Colombia’s wholesale power market are discussed in this paper. A miscalculation of the Lerner Index, the most common measure of market power, leads to an overestimation or underestimation of market power. Different alternatives to calculate the Le...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidad de Antioquia
2012-11-01
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| Series: | Revista Facultad de Ingeniería Universidad de Antioquia |
| Subjects: | |
| Online Access: | https://revistas.udea.edu.co/index.php/ingenieria/article/view/13768 |