Working Papers: Recent submissions
Now showing items 136-138 of 334
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The present value model of rational commodity pricing
(MIT Center for Energy and Environmental Policy Research, 1991)The present value model says that an asset's price equals the sum of current and future discounted expected future payoffs from ownership of the asset. I explore the limits of the present value model by testing its ability ... -
Energy conservation policy in developing countries : the case for market solutions
(MIT Center for Energy and Environmental Policy Research, 1991)Interest in energy conservation, although to some degree cyclical, has been stimulated during the last twenty years by the rising cost of energy in a wide range of developing and developed countries, especially following ... -
Testimony on electricity policy issues before the subcommittee on energy and power, House Committee on Energy and Commerce
(MIT Center for Energy and Environmental Policy Research, 1991)This testimony discusses the changing structure of the electricity industry and some of the public policy issues that are associated with these changes. Professor Joskow also discusses his perspective on a selected set of ...
