Friday, May 24, 2019
Lynne Kiesling
Purdue University
Innovation and Regulation in Energy: Institutions and Transaction Costs
Abstract
- History of electricity technology and industrial organization
- Economic, political, and technological origins of economic regulation
- How technology affects the institutional framework -- regulatory Institutions and utility business models
- Digital innovation, smart grid, and digitalization in energy -- transactive energy
- A transaction cost model of a retail market platform
- Implications for regulatory Institutions