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Focusing on the analysis of electricity market dynamics, this seminar paper summarizes Natalia Fabra and Juan Toro's examination of the decline in British electricity prices, emphasizing their research contributions. It also explores Dennis W. Carlton and Jeffrey M. Perloff's theoretical model of performance measurement through the Lerner Index, linking both articles to enhance understanding of market rules and structure. The paper provides insights into industrial organization theories and their empirical implications within the context of the electricity market.
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Performance Measurement, Nadine Wolf
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- 2011
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