Do Oligopolists Pollute Less?
Evidence from a Restructured Electricity Market
Erin T. Mansur
Electricity restructuring has
created the opportunity for producers to exercise market power. Oligopolists
increase price by distorting output decisions, causing cross-firm production
inefficiencies. This study estimates the environmental implications of
production inefficiencies attributed to market power in the
“Environmental Regulation in
Oligopoly Markets: A Study of Electricity Restructuring”
UC Energy Institute POWER Working Paper-088, November 2001, Revised September 2004.
SSRN Yale SOM Working Paper No. ES-38 (abstract number 601366), September 2004.
This paper has been split into two papers:
“Prices vs. Quantities: Environmental Regulation and Imperfect Competition” and
“Do Oligopolists Pollute Less? Evidence from a Restructured Electricity Market”