The impacts of price regulation on price dispersion in Australia's retail electricity markets
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2020.111829
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Xiaoping He & David Reiner, 2018.
"Consumer Engagement in Energy Markets: The Role of Information and Knowledge,"
Working Papers
EPRG 1835, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- He, X. & Reiner, D., 2018. "Consumer Engagement in Energy Markets: The Role of Information and Knowledge," Cambridge Working Papers in Economics 1867, Faculty of Economics, University of Cambridge.
- Tsai, Chen-Hao & Tsai, Yi-Lin, 2018. "Competitive retail electricity market under continuous price regulation," Energy Policy, Elsevier, vol. 114(C), pages 274-287.
- Stephen Littlechild, 2014.
"Promoting or restricting competition?: Regulation of the UK retail residential energy market since 2008,"
Cambridge Working Papers in Economics
1441, Faculty of Economics, University of Cambridge.
- Stephen Littlechild, 2014. "Promoting or restricting competition?: Regulation of the UK retail residential energy market since 2008," Working Papers EPRG 1415, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Littlechild Stephen C., 2002.
"Competition in Retail Electricity Supply,"
Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 12(2), pages 1-26, June.
- Stephen C. Littlechild, 2002. "Competition in Retail Electricity Supply," Cambridge Working Papers in Economics 0227, Faculty of Economics, University of Cambridge.
- Stephen C Littlechild, 2002. "Competition in Retail Electricity Supply," Working Papers EP09, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Miguel Flores and Catherine Waddams Price, 2018. "The Role of Attitudes and Marketing in Consumer Behaviours in the British Retail Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Littlechild, Stephen C, 2003. "Wholesale Spot Price Pass-Through," Journal of Regulatory Economics, Springer, vol. 23(1), pages 61-91, January.
- Severin Borenstein & James Bushnell, 2015.
"The US Electricity Industry After 20 Years of Restructuring,"
Annual Review of Economics, Annual Reviews, vol. 7(1), pages 437-463, August.
- Severin Borenstein & James Bushnell, 2015. "The U.S. Electricity Industry After 20 Years of Restructuring," NBER Working Papers 21113, National Bureau of Economic Research, Inc.
- Hartley, Peter R. & Medlock, Kenneth B. & Jankovska, Olivera, 2019. "Electricity reform and retail pricing in Texas," Energy Economics, Elsevier, vol. 80(C), pages 1-11.
- Janssen, Maarten & Gugler, Klaus & Heim, Sven & Liebensteiner , Mario, 2018.
"Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets,"
CEPR Discussion Papers
13197, C.E.P.R. Discussion Papers.
- Gugler, Klaus & Heim, Sven & Janssen, Maarten C. W. & Liebensteiner, Mario, 2018. "Market liberalization: Price dispersion, price discrimination and consumer search in the German electricity markets," ZEW Discussion Papers 18-042, ZEW - Leibniz Centre for European Economic Research.
- Klaus Gugler & Sven Heim & Maarten Janssen & Mario Liebensteiner, 2018. "Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets," Working Papers hal-01952941, HAL.
- Monica Giulietti & Michael Waterson & Matthijs Wildenbeest, 2014.
"Estimation of Search Frictions in the British Electricity Market,"
Journal of Industrial Economics, Wiley Blackwell, vol. 62(4), pages 555-590, December.
- Giulietti, Monica & Waterson, Michael & Wildenbeest, Matthijs R., 2010. "Estimation of Search Frictions in the British Electricity Market," Economic Research Papers 270998, University of Warwick - Department of Economics.
- Giulietti, Monica & Waterson, Michael & Wildenbeest, Matthijs R., 2010. "Estimation of Search Frictions in the British Electricity Market," The Warwick Economics Research Paper Series (TWERPS) 940, University of Warwick, Department of Economics.
- Morten Hviid & Catherine Waddams Price, 2012. "Non‐Discrimination Clauses in the Retail Energy Sector," Economic Journal, Royal Economic Society, vol. 122(562), pages 236-252, August.
- Colin Loxley & David Salant, 2004. "Default Service Auctions," Journal of Regulatory Economics, Springer, vol. 26(2), pages 201-229, September.
- Simshauser, Paul, 2018.
"Price discrimination and the modes of failure in deregulated retail electricity markets,"
Energy Economics, Elsevier, vol. 75(C), pages 54-70.
- Paul Simshauser, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Working Papers EPRG 1827, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Cambridge Working Papers in Economics 1849, Faculty of Economics, University of Cambridge.
- Ali Hortaçsu & Seyed Ali Madanizadeh & Steven L. Puller, 2017.
"Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market,"
American Economic Journal: Economic Policy, American Economic Association, vol. 9(4), pages 192-226, November.
- Ali Hortaçsu & Seyed Ali Madanizadeh & Steven L. Puller, 2015. "Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market," NBER Working Papers 20988, National Bureau of Economic Research, Inc.
- Simshauser, Paul & Whish-Wilson, Patrick, 2017. "Price discrimination in Australia's retail electricity markets: An analysis of Victoria & Southeast Queensland," Energy Economics, Elsevier, vol. 62(C), pages 92-103.
- Catherine Waddams Price, 2018. "Back to the Future? Regulating Residential Energy Markets," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 25(1), pages 147-155, January.
- Nelson, Tim & McCracken-Hewson, Eleanor & Sundstrom, Gabby & Hawthorne, Marianne, 2019. "The drivers of energy-related financial hardship in Australia – understanding the role of income, consumption and housing," Energy Policy, Elsevier, vol. 124(C), pages 262-271.
- Stephen Littlechild, 2019. "Promoting competition and protecting customers? Regulation of the GB retail energy market 2008–2016," Journal of Regulatory Economics, Springer, vol. 55(2), pages 107-139, April.
- Kenneth S. Corts, 1998. "Third-Degree Price Discrimination in Oligopoly: All-Out Competition and Strategic Commitment," RAND Journal of Economics, The RAND Corporation, vol. 29(2), pages 306-323, Summer.
- John W. Pratt & David A. Wise & Richard Zeckhauser, 1979. "Price Differences in almost Competitive Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 189-211.
- Nelson, Tim & McCracken-Hewson, Eleanor & Whish-Wilson, Patrick & Bashir, Stephanie, 2018. "Price dispersion in Australian retail electricity markets," Energy Economics, Elsevier, vol. 70(C), pages 158-169.
- Paul Simshauser & Tim Nelson, 2014. "The Consequences of Retail Electricity Price Rises: Rethinking Customer Hardship," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 47(1), pages 13-43, March.
- Tyers, Roger & Sweeney, Martin & Moon, Beth, 2019. "Harnessing behavioural insights to encourage consumer engagement in the British energy market: Results from a field trial," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 80(C), pages 162-176.
- Borenstein, Severin & Rose, Nancy L, 1994.
"Competition and Price Dispersion in the U.S. Airline Industry,"
Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 653-683, August.
- Severin Borenstein & Nancy L. Rose, 1991. "Competition and Price Dispersion in the U.S. Airline Industry," NBER Working Papers 3785, National Bureau of Economic Research, Inc.
- Stefania Sitzia & Jiwei Zheng & Daniel Zizzo, 2015. "Inattentive consumers in markets for services," Theory and Decision, Springer, vol. 79(2), pages 307-332, September.
- Michael R. Baye & John Morgan & Patrick Scholten, 2006. "Information, Search, and Price Dispersion," Working Papers 2006-11, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Holmes, Thomas J, 1989. "The Effects of Third-Degree Price Discrimination in Oligopoly," American Economic Review, American Economic Association, vol. 79(1), pages 244-250, March.
- Catherine Waddams Price & Minyan Zhu, 2016.
"Non-discrimination Clauses: Their Effect on British Retail Energy Prices,"
The Energy Journal, , vol. 37(2), pages 111-132, April.
- Catherine Waddams Price and Minyan Zhu, 2016. "Non-discrimination Clauses: Their Effect on British Retail Energy Prices," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Kang, Linhong & Zarnikau, Jay, 2009. "Did the expiration of retail price caps affect prices in the restructured Texas electricity market?," Energy Policy, Elsevier, vol. 37(5), pages 1713-1717, May.
- Defeuilley, Christophe, 2009. "Retail competition in electricity markets," Energy Policy, Elsevier, vol. 37(2), pages 377-386, February.
- Catherine Waddams Price & Minyan Zhu, 2016. "Empirical Evidence Of Consumer Response In Regulated Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 12(1), pages 113-149.
- Stole, Lars A., 2007. "Price Discrimination and Competition," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 34, pages 2221-2299, Elsevier.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Paul Simshauser, 2022.
"The 2022 energy crisis: horizontal and vertical impacts of policy interventions in Australia's national electricity market,"
Working Papers
EPRG2216, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P., 2203. "The 2022 Energy Crisis: horizontal and vertical impacts of policy interventions in Australia's National Electricity Market," Cambridge Working Papers in Economics 2307, Faculty of Economics, University of Cambridge.
- Paul Simshauser, 2021.
"Vulnerable households and fuel poverty: policy targeting efficiency in Australia’s National Electricity Market,"
Working Papers
EPRG2108, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P., 2021. "Vulnerable households and fuel poverty: policy targeting efficiency in Australia's National Electricity Market," Cambridge Working Papers in Economics 2129, Faculty of Economics, University of Cambridge.
- Cui, Jian & Yang, Hanfang & Wang, Yifan & Yang, Caili, 2023. "Dynamics of the gas retail market under China's price cap regulation," Energy Policy, Elsevier, vol. 174(C).
- Brown, David P. & Eckert, Andrew & Olmstead, Derek E.H., 2022.
"Procurement auctions for regulated retail service contracts in restructured electricity markets,"
Energy Economics, Elsevier, vol. 116(C).
- Brown, David P. & Eckert, Andrew & Olmstead, Derek E.H., 2021. "Procurement Auctions for Regulated Retail Service Contracts in Restructured Electricity Markets," Working Papers 2021-14, University of Alberta, Department of Economics.
- Simone Di Leo & Marta Chicca & Cinzia Daraio & Andrea Guerrini & Stefano Scarcella, 2022. "A Framework for the Analysis of the Sustainability of the Energy Retail Market," Sustainability, MDPI, vol. 14(12), pages 1-28, June.
- Simshauser, Paul, 2023. "The 2022 energy crisis: Fuel poverty and the impact of policy interventions in Australia's National Electricity Market," Energy Economics, Elsevier, vol. 121(C).
- Jia, Zhijie & Lin, Boqiang, 2023. "Primary fossil energy cost and price regulation in energy processing sectors---the perspective of price regulation market with Chinese characteristics," Resources Policy, Elsevier, vol. 83(C).
- Esplin, Ryan & Best, Rohan & Scranton, Jessica & Chai, Andreas, 2022. "Who pays the loyalty tax? The relationship between socioeconomic status and switching in Australia's retail electricity markets," Energy Policy, Elsevier, vol. 164(C).
- Simshauser, Paul, 2021. "Vulnerable households and fuel poverty: Measuring the efficiency of policy targeting in Queensland," Energy Economics, Elsevier, vol. 101(C).
- Simeone, Christina E. & Lange, Ian & Gilbert, Ben, 2023. "Pass-through in residential retail electricity competition: Evidence from Pennsylvania," Utilities Policy, Elsevier, vol. 80(C).
- Mukherjee, Maitreyee & Jensen, Olivia, 2022. "Open Water: Impacts of Retail Competition on Service Performance and Water-Use Efficiency in England," Utilities Policy, Elsevier, vol. 79(C).
- Cassetta, Ernesto & Nava, Consuelo R. & Zoia, Maria Grazia, 2022. "EU electricity market integration and cross-country convergence in residential and industrial end-user prices," Energy Policy, Elsevier, vol. 165(C).
- Thomasi, Virginia & Siluk, Julio Cezar M. & Rigo, Paula D. & Pappis, Cesar Augusto de O., 2024. "Challenges, improvements, and opportunities market with the liberalization of the residential electricity market," Energy Policy, Elsevier, vol. 192(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Thomasi, Virginia & Siluk, Julio Cezar M. & Rigo, Paula D. & Pappis, Cesar Augusto de O., 2024. "Challenges, improvements, and opportunities market with the liberalization of the residential electricity market," Energy Policy, Elsevier, vol. 192(C).
- Stephen Littlechild, 2019. "Promoting competition and protecting customers? Regulation of the GB retail energy market 2008–2016," Journal of Regulatory Economics, Springer, vol. 55(2), pages 107-139, April.
- Simshauser, Paul, 2018.
"Price discrimination and the modes of failure in deregulated retail electricity markets,"
Energy Economics, Elsevier, vol. 75(C), pages 54-70.
- Simshauser, P, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Cambridge Working Papers in Economics 1849, Faculty of Economics, University of Cambridge.
- Paul Simshauser, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Working Papers EPRG 1827, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Esplin, Ryan & Best, Rohan & Scranton, Jessica & Chai, Andreas, 2022. "Who pays the loyalty tax? The relationship between socioeconomic status and switching in Australia's retail electricity markets," Energy Policy, Elsevier, vol. 164(C).
- Simshauser, Paul & Whish-Wilson, Patrick, 2017. "Price discrimination in Australia's retail electricity markets: An analysis of Victoria & Southeast Queensland," Energy Economics, Elsevier, vol. 62(C), pages 92-103.
- Byrne, David P. & Martin, Leslie A., 2021. "Consumer search and income inequality," International Journal of Industrial Organization, Elsevier, vol. 79(C).
- Nelson, Tim & McCracken-Hewson, Eleanor & Whish-Wilson, Patrick & Bashir, Stephanie, 2018. "Price dispersion in Australian retail electricity markets," Energy Economics, Elsevier, vol. 70(C), pages 158-169.
- Muyi Yang & Yuanying Chi & Kristy Mamaril & Adam Berry & Xunpeng Shi & Liming Zhu, 2020. "Communication-Based Approach for Promoting Energy Consumer Switching: Some Evidence from Ofgem’s Database Trials in the United Kingdom," Energies, MDPI, vol. 13(19), pages 1-16, October.
- Stephen Littlechild, 2020.
"The CMA’s assessment of customer detriment in the UK retail energy market,"
Journal of Regulatory Economics, Springer, vol. 57(3), pages 203-230, June.
- Stephen Littlechild, 2017. "The CMA's assessment of customer detriment in the GB retail energy market," Working Papers EPRG 1703, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Stephen Littlechild, 2020. "The CMA's assessment of customer detriment in the UK retail energy market," Working Papers EPRG2015, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Littlechild, S., 2020. "The CMA’s assessment of customer detriment in the UK retail energy market," Cambridge Working Papers in Economics 2051, Faculty of Economics, University of Cambridge.
- Littlechild, S., 2017. "The CMA’s Assessment of Customer Detriment in the GB Retail Energy Market," Cambridge Working Papers in Economics 1707, Faculty of Economics, University of Cambridge.
- Brown, David P. & Eckert, Andrew, 2018.
"The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta,"
Energy Policy, Elsevier, vol. 118(C), pages 298-311.
- Brown, David P. & Eckert, Andrew, 2017. "The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta," Working Papers 2017-6, University of Alberta, Department of Economics.
- Xiaoping He & David Reiner, 2018.
"Consumer Engagement in Energy Markets: The Role of Information and Knowledge,"
Working Papers
EPRG 1835, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- He, X. & Reiner, D., 2018. "Consumer Engagement in Energy Markets: The Role of Information and Knowledge," Cambridge Working Papers in Economics 1867, Faculty of Economics, University of Cambridge.
- Danias, Nikolaos & Swales, J. Kim, 2018. "The welfare impacts of discriminatory price tariffs," Energy Economics, Elsevier, vol. 71(C), pages 321-331.
- Tomasz Rokicki & Piotr Bórawski & Barbara Gradziuk & Piotr Gradziuk & Aldona Mrówczyńska-Kamińska & Joanna Kozak & Danuta Jolanta Guzal-Dec & Kamil Wojtczuk, 2021. "Differentiation and Changes of Household Electricity Prices in EU Countries," Energies, MDPI, vol. 14(21), pages 1-21, October.
- Glenn Ellison, 2005.
"A Model of Add-On Pricing,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(2), pages 585-637.
- Glenn Ellison, 2003. "A Model of Add-on Pricing," NBER Working Papers 9721, National Bureau of Economic Research, Inc.
- Glenn Ellison, 2004. "A Model of Add-on Pricing," Economics Working Papers 0049, Institute for Advanced Study, School of Social Science.
- Erdogan, Murside Rabia & Camgoz, Selin Metin & Karan, Mehmet Baha & Berument, M. Hakan, 2022. "The switching behavior of large-scale electricity consumers in The Turkish electricity retail market," Energy Policy, Elsevier, vol. 160(C).
- De Mel, S. & Munshi, K. & Reiche, S. & Sabourian, H., 2020. "Herding in Quality Assessment: An Application to Organ Transplantation," Cambridge Working Papers in Economics 2052, Faculty of Economics, University of Cambridge.
- Brown, D.P. & Tsai, C.H. & Woo, C.K. & Zarnikau, J. & Zhu, S., 2020.
"Residential electricity pricing in Texas's competitive retail market,"
Energy Economics, Elsevier, vol. 92(C).
- Brown, David P. & Tsai, Chen-Hao & Woo, Chi-Keung & Zarnikau, Jay & Zhu, Shuangshuang, 2020. "Residential Electricity Pricing in Texas’s Competitive Retail Market," Working Papers 2020-4, University of Alberta, Department of Economics.
- Marc Möller & Makoto Watanabe, 2016.
"Competition in the presence of individual demand uncertainty,"
RAND Journal of Economics, RAND Corporation, vol. 47(2), pages 273-292, May.
- Marc Möller & Makoto Watanabe, 2013. "Competition in the Presence of Individual Demand Uncertainty," Tinbergen Institute Discussion Papers 13-185/V, Tinbergen Institute.
- Marc Möller & Makoto Watanabe, 2013. "Competition in the Presence of Individual Demand Uncertainty," CESifo Working Paper Series 4490, CESifo.
- repec:ehu:ikerla:6233 is not listed on IDEAS
- Paul Simshauser, 2021.
"Lessons from Australia's National Electricity Market 1998-2018: strengths and weaknesses of the reform experience,"
Chapters, in: Jean-Michel Glachant & Paul L. Joskow & Michael G. Pollitt (ed.), Handbook on Electricity Markets, chapter 9, pages 242-286,
Edward Elgar Publishing.
- Paul Simshauser, 2019. "Lessons from Australia's National Electricity Market 1998-2018: the strengths and weaknesses of the reform experience," Working Papers EPRG1927, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P., 2019. "Lessons from Australia’s National Electricity Market 1998-2018: the strengths and weaknesses of the reform experience," Cambridge Working Papers in Economics 1972, Faculty of Economics, University of Cambridge.
- Gil, Ricard & Riera-Crichton, Daniel & Ruzzier, Christian, 2016. "As Seen on TV: Price Discrimination and Competition in Television Advertising," MPRA Paper 75993, University Library of Munich, Germany.
More about this item
Keywords
Electricity Markets; Price discrimination; Energy policy;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:147:y:2020:i:c:s0301421520305462. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.