Modeling Imperfect Spatial Energy Markets

摘要: Coal, electricity, natural gas, and oil markets are imperfect spatial markets. In such markets, consumers, haulers, and/or producers possess market power which derives from the insulation that transport cost provides competition with distant rivals. Policy analysis tools have been recently developed for simulating this chapter, models predicting prices in summarized their application to energy problems is critiqued. It concluded much research remains be done, regional scientists, geographers, operations researchers, economists all must contribute.