Conflict Resolution in the Electricity Sector - The Experts Panel of Chile

One of the main challenges facing the electricity sector worldwide is the design of efficient markets. In particular, the mechanisms used to solve regulatory conflicts are a crucial element of a regulatory regime and a major determinant of the risks borne by private investors. We use the Chilean exp...

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1. autor: Fischer, R. (author)
Kolejni autorzy: Palma-Behnke, Rodrigo (author), Guevara Cedeño, Jessica (author)
Format: article
Język:angielski
Wydane: 2012
Hasła przedmiotowe:
Dostęp online:http://ridda2.utp.ac.pa/handle/123456789/2388
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author Fischer, R.
author2 Palma-Behnke, Rodrigo
Guevara Cedeño, Jessica
author2_role author
author
author_browse Fischer, R.
Guevara Cedeño, Jessica
Palma-Behnke, Rodrigo
author_facet Fischer, R.
Palma-Behnke, Rodrigo
Guevara Cedeño, Jessica
author_role author
collection Repositorio Institucional de documento digitales de acceso abierto de la UTP
dc.creator.none.fl_str_mv Fischer, R.
Palma-Behnke, Rodrigo
Guevara Cedeño, Jessica
dc.date.none.fl_str_mv 2012-07-01
2012-07-01
2017-07-31T20:29:04Z
2017-07-31T20:29:04Z
2017-07-31T20:29:04Z
2017-07-31T20:29:04Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://ridda2.utp.ac.pa/handle/123456789/2388
http://ridda2.utp.ac.pa/handle/123456789/2388
dc.language.none.fl_str_mv eng
eng
dc.rights.none.fl_str_mv https://creativecommons.org/licenses/by-nc-sa/4.0/
info:eu-repo/semantics/openAccess
dc.source.none.fl_str_mv reponame:Repositorio Institucional de documento digitales de acceso abierto de la UTP
instname:Universidad Tecnológica de Panamá
instacron:U Tecnológica de Panamá
dc.subject.none.fl_str_mv Market design
conflict resolution
Experts Panel
bargaining
game theory
Market design
conflict resolution
Experts Panel
bargaining
game theory
dc.title.none.fl_str_mv Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
description One of the main challenges facing the electricity sector worldwide is the design of efficient markets. In particular, the mechanisms used to solve regulatory conflicts are a crucial element of a regulatory regime and a major determinant of the risks borne by private investors. We use the Chilean experience to analyze the evolution of mechanisms for conflict resolution within the electricity sector. We propose a theoretical framework based on bargaining theory to explain the behavior of market agents. This methodological approach is used to explain the evolution of conflict resolution following the introduction of the Experts Panel in 2004, as well as to explain the reduction in the number of conflicts. The results can also be applied to other electricity markets, leading to future market design proposals and governance improvements.
eu_rights_str_mv openAccess
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instacron_str U Tecnológica de Panamá
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instname_str Universidad Tecnológica de Panamá
language eng
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oai_identifier_str oai:ridda2.utp.ac.pa:123456789/2388
publishDate 2012
publishDateSort 2012
reponame_str Repositorio Institucional de documento digitales de acceso abierto de la UTP
repository.mail.fl_str_mv
repository.name.fl_str_mv
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spelling Conflict Resolution in the Electricity Sector - The Experts Panel of ChileFischer, R.Palma-Behnke, RodrigoGuevara Cedeño, JessicaMarket designconflict resolutionExperts Panelbargaininggame theoryMarket designconflict resolutionExperts Panelbargaininggame theoryOne of the main challenges facing the electricity sector worldwide is the design of efficient markets. In particular, the mechanisms used to solve regulatory conflicts are a crucial element of a regulatory regime and a major determinant of the risks borne by private investors. We use the Chilean experience to analyze the evolution of mechanisms for conflict resolution within the electricity sector. We propose a theoretical framework based on bargaining theory to explain the behavior of market agents. This methodological approach is used to explain the evolution of conflict resolution following the introduction of the Experts Panel in 2004, as well as to explain the reduction in the number of conflicts. The results can also be applied to other electricity markets, leading to future market design proposals and governance improvements.One of the main challenges facing the electricity sector worldwide is the design of efficient markets. In particular, the mechanisms used to solve regulatory conflicts are a crucial element of a regulatory regime and a major determinant of the risks borne by private investors. We use the Chilean experience to analyze the evolution of mechanisms for conflict resolution within the electricity sector. We propose a theoretical framework based on bargaining theory to explain the behavior of market agents. This methodological approach is used to explain the evolution of conflict resolution following the introduction of the Experts Panel in 2004, as well as to explain the reduction in the number of conflicts. The results can also be applied to other electricity markets, leading to future market design proposals and governance improvements.2017-07-31T20:29:04Z2017-07-31T20:29:04Z2017-07-31T20:29:04Z2017-07-31T20:29:04Z2012-07-012012-07-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttp://ridda2.utp.ac.pa/handle/123456789/2388http://ridda2.utp.ac.pa/handle/123456789/2388engenghttps://creativecommons.org/licenses/by-nc-sa/4.0/info:eu-repo/semantics/openAccessreponame:Repositorio Institucional de documento digitales de acceso abierto de la UTPinstname:Universidad Tecnológica de Panamáinstacron:U Tecnológica de Panamáoai:ridda2.utp.ac.pa:123456789/23882021-07-06T15:34:50Z
spellingShingle Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
Fischer, R.
Market design
conflict resolution
Experts Panel
bargaining
game theory
Market design
conflict resolution
Experts Panel
bargaining
game theory
status_str publishedVersion
title Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
title_full Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
title_fullStr Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
title_full_unstemmed Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
title_short Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
title_sort Conflict Resolution in the Electricity Sector - The Experts Panel of Chile
topic Market design
conflict resolution
Experts Panel
bargaining
game theory
Market design
conflict resolution
Experts Panel
bargaining
game theory
url http://ridda2.utp.ac.pa/handle/123456789/2388