2 papers
econ.GN2024
Canceled: A New Reliability Incentive for Energy-Only Electricity Markets
Devin Mounts, Robin M. Cross
This paper considers the reliability problem in energy-only markets. Following widespread blackouts in 2011, Texas introduced a reliability price incentive to attract two GW of net…
econ.EM2024
Treatment effects without multicollinearity? Temporal order and the Gram-Schmidt process in causal inference
Robin M. Cross, Steven T. Buccola
This paper incorporates information about the temporal order of regressors to estimate orthogonal and economically interpretable regression coefficients. We establish new finite sa…