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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| Kolejni autorzy: | , |
| Format: | article |
| Język: | angielski |
| Wydane: |
2012
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| Hasła przedmiotowe: | |
| Dostęp online: | http://ridda2.utp.ac.pa/handle/123456789/2388 |
| Etykiety: |
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| _version_ | 1869652455629783040 |
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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 |
| format | article |
| id | lrtest_12250adbd82292704cf0b3ec1e7997c8 |
| instacron_str | U Tecnológica de Panamá |
| institution | U Tecnológica de Panamá |
| instname_str | Universidad Tecnológica de Panamá |
| language | eng |
| network_acronym_str | lrtest |
| network_name_str | lr |
| 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 | |
| repository_id_str | |
| rights_invalid_str_mv | https://creativecommons.org/licenses/by-nc-sa/4.0/ |
| 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 |