Vertical Arrangements, Market Structure, and Competition An Analysis of Restructured U.S. Electricity Markets

James B. Bushnell, Erin T. Mansur, Celeste Saravia

NBER Working Paper No. 13507
Issued in October 2007

---- Acknowledgements -----

We thank Soledad Arellano, Severin Borenstein, Joe Bowring, Judy Chevalier, Phil Haile, Stephen Holland, Jun Ishii, Wally Mullin, Steve Puller, Peter Schott, Fiona Scott Morton, Raphael Thomadsen, Larry White, Matt White, Frank Wolak, Catherine Wolfram, two anonymous referees, and seminar participants at Colby College,International Industrial Organization Conference, Massachusetts Institute of Technology, New York University, University of California Energy Institute, University of California at Irvine, University of Toulouse, Wesleyan University, and Yale University for helpful comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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