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electricity markets

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Journal Article
History of Political Economy (2020) 52 (S1): 221–244.
Published: 01 December 2020
...Daniel Breslau The article traces the development of “spot pricing” for electrical power, which has provided the technique for calculating electricity prices in wholesale markets in most of the United States, and is rapidly becoming the standard in many other countries. The model was first...
Journal Article
History of Political Economy (2020) 52 (S1): 245–269.
Published: 01 December 2020
... problem. He rejects Oskar Lange s solution. As the head of the French planning agency and former director of equipment of a šrm that managed the whole French electricity market, Massé considers that a cen- tral planning board that would equate all prices to marginal costs, effec- tively running...
Journal Article
History of Political Economy (2020) 52 (S1): 305–308.
Published: 01 December 2020
... and politics of electricity market design. Chung-Tang Cheng is a PhD candidate in economic history at the London School of Economics and was a research fellow at the Center for the History of Political Economy at Duke University for the 2018 19 academic year. His thesis investigates how econometricians have...
Journal Article
History of Political Economy (2013) 45 (suppl_1): 220–253.
Published: 01 December 2013
..., Statistics, and Models in the Work of Irving Fisher and Wesley Mitchell .” Theory and Society 32 ( 3 ): 379 – 411 . ———. 2011 . “ What Do Market Designers Do When They Design Markets? Economists as Consultants to the Redesign of Wholesale Electricity Markets in the US .” In Social Knowledge...
Journal Article
History of Political Economy (2001) 33 (3): 411–436.
Published: 01 September 2001
... and Observations, Physical and Literary, of the Philosophical Society of Edinburgh , 129 -41. Edinburgh: John Balfour. ____. [1747] 1968 . New Experiments and Observations on Electricity: Letters to Peter Collinson. In Steps in the Scientific Tradition , edited by R. S. Westfall and Victor E. Thoren. New York...
Journal Article
History of Political Economy (2020) 52 (S1): 10–27.
Published: 01 December 2020
... of telephone engineering created opportunities for the interaction between economists and engineers, especially when it came to choosing the optimal amount of investment to respond to the demand. Trained as an electrical and mechanical engineer, Rorty helped develop market forecasting techniques and wrote...
Journal Article
History of Political Economy (2020) 52 (S1): 59–84.
Published: 01 December 2020
... problems existed in electrical power and new communications systems such as telegraphs and telephones: companies had to invest substantial capital into extensive technological systems that would be ‚xed in speci‚c geographic loca- tions. One critical component of those calculations involved market anal...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 283–304.
Published: 01 December 2006
... Dame. Makowski, Louis, and Joseph M. Ostroy. 1993 . General Equilibrium and Market Socialism: Clarifying the Logic of Competitive Markets. In Market Socialism , edited by Pranab K. Bardhan and John E. Roemer. New York: Oxford University Press. Marschak, Thomas A. 1957 . Centralization...
Journal Article
History of Political Economy (2020) 52 (S1): 115–142.
Published: 01 December 2020
... War II.2 In a 1992 interview for the Institution for Electrical Engineers series Pioneers of Control, Tustin used his decades of experience to re¡ect on the writing of the history of control engineering: And if I might make a comment about the study of the history of engi- neering in general...
Journal Article
History of Political Economy (2020) 52 (S1): 85–111.
Published: 01 December 2020
... theory, an epistemology of “application” that emphasized awareness to institutional details, trials and errors and experiments). By the 2000s, they had turned into economic engineers designing markets and other allocation mechanisms. These cross-disciplinary exchanges were mediated by Stanford’s own...
Journal Article
History of Political Economy (2004) 36 (2): 227–271.
Published: 01 June 2004
... . Electricity and Magnetism . London: Longmans, Green, and Co. Jennings, Richard. 1855 . The Natural Elements of Political Economy . London: Longman, Brown, Green, and Longmans. Jevons, W. Stanley. Archive, John Rylands Library,Manchester. ____. 1858 . On Clouds: Their Various Forms and Producing...
Journal Article
History of Political Economy (2003) 35 (Suppl_1): 262–281.
Published: 01 December 2003
... Natural Laws in Economics. Journal of the History of Ideas 44 : 497 -505. Hill, Lisa. 2001 . The Hidden Theology of Adam Smith. The European Journal of the History of Economic Thought 8 : 1 -29. Home, Roderick W. 1970 . Electricity and the Nervous Fluid. Journal of the History of Biology 3...
Journal Article
History of Political Economy (1975) 7 (4): 456–481.
Published: 01 November 1975
... commercially. (3) The opening of a new market, that is, a market into which the particular branch of man- ufacture of the country in question has not previously entered, whether or not this market has existed before. (4) The conquest of a new source of supply of raw materi- als or half...
Journal Article
History of Political Economy (2020) 52 (S1): 191–217.
Published: 01 December 2020
... economy. Early in his career, he had developed an analogue electrical-mechanical “regression analyzer” to calculate statistical estimates. During the mid-1950s, he shifted to micro-level data and the Monte Carlo method, and then created the first microanalytic simulation of demographic variables. After...
Journal Article
History of Political Economy (2001) 33 (3): 577–608.
Published: 01 September 2001
... market, of course, the summed prices and the cost would be equal. Ceteris paribus, the prices of the joint products will be inversely related. If the price of meat falls, the price of hides must increase enough to again cover the cost of the animal. Consider figure 1, which depicts the demand...
Journal Article
History of Political Economy (2020) 52 (S1): 31–58.
Published: 01 December 2020
... that technical innovation automatically ensured a steady rise in prosperity. Early twenti- eth-century development of cities, infrastructure, and the automobile, avi- ation, electrical, and entertainment industries had surrounded engineering with an exciting aura of modernization. The Depression suddenly destabi...
Journal Article
History of Political Economy (2017) 49 (Supplement): 103–126.
Published: 01 December 2017
... and Economic Analysis .” In Innovation Policy and the Economy , edited by Lerner J. Stern S. , 1 – 24 . Chicago : University of Chicago Press . Enke S. 1951 . “ Equilibrium among Spatially Separated Markets: Solution by Electric Analogue .” Econometrica 19 ( 1 ): 40 – 47...
Journal Article
History of Political Economy (2003) 35 (Suppl_1): 42–73.
Published: 01 December 2003
.... Vaggi, Gianni. 1987 . The Economics of François Quesnay . London: Macmillan. ____. 2002 . Quesnay and the Road to Modernity:Technology, Markets, and Polity. Journal of the History of Economic Thought 24.1 : 73 -89. Véri, abbé Joseph Alphonse de. [1774-81] 1928 . Journal de l'Abbé de...
Journal Article
History of Political Economy (1979) 11 (4): 588–605.
Published: 01 November 1979
... was the work of Henry Sidgwick. Of the writers prior to Marshall, Mill is usually considered the main channel through which the direction of classical economic thought concerning laissez-faire was altered. However, Sidgwick’s comprehensive approach to the issue of market failure was more...
Journal Article
History of Political Economy (1996) 28 (Supplement): 301–311.
Published: 01 December 1996
... to increments in the world market price of oil. Yet a couple of years later that too was enshrined as part of Mexico’s electricity pricing policy. Finally, it is interesting to note how the seeds of reform found their way to Latin America. The Chilean income tax reform of 1974 was largely based...