%PDF-1.5 % 1 0 obj << /S /GoTo /D (section.1) >> endobj 4 0 obj (Introduction) endobj 5 0 obj << /S /GoTo /D (section.2) >> endobj 8 0 obj (A model of the electricity market) endobj 9 0 obj << /S /GoTo /D (subsection.2.1) >> endobj 12 0 obj (Discussion of key assumptions) endobj 13 0 obj << /S /GoTo /D (subsection.2.2) >> endobj 16 0 obj (Socially optimal prices) endobj 17 0 obj << /S /GoTo /D (subsection.2.3) >> endobj 20 0 obj (Retail competition ) endobj 21 0 obj << /S /GoTo /D (subsection.2.4) >> endobj 24 0 obj (Wholesale prices when firms have market power) endobj 25 0 obj << /S /GoTo /D (subsection.2.5) >> endobj 28 0 obj (Linear demand) endobj 29 0 obj << /S /GoTo /D (section.3) >> endobj 32 0 obj (Main results) endobj 33 0 obj << /S /GoTo /D (subsection.3.1) >> endobj 36 0 obj (Prices) endobj 37 0 obj << /S /GoTo /D (subsection.3.2) >> endobj 40 0 obj (Capacity, system costs and consumption) endobj 41 0 obj << /S /GoTo /D (subsection.3.3) >> endobj 44 0 obj (Profits) endobj 45 0 obj << /S /GoTo /D (subsection.3.4) >> endobj 48 0 obj (Consumer surplus) endobj 49 0 obj << /S /GoTo /D (subsection.3.5) >> endobj 52 0 obj (Social welfare) endobj 53 0 obj << /S /GoTo /D (section.4) >> endobj 56 0 obj (A case study) endobj 57 0 obj << /S /GoTo /D (section.5) >> endobj 60 0 obj (Conclusion) endobj 61 0 obj << /S /GoTo /D (appendix.A) >> endobj 64 0 obj (Differentiated retailers) endobj 65 0 obj << /S /GoTo /D (appendix.B) >> endobj 68 0 obj (Equivalence of quantity and price approach) endobj 69 0 obj << /S /GoTo /D (appendix.C) >> endobj 72 0 obj (Direct impact of market power) endobj 73 0 obj << /S /GoTo /D (appendix.D) >> endobj 76 0 obj (Ordered demand) endobj 77 0 obj << /S /GoTo /D (appendix.E) >> endobj 80 0 obj (Monopoly example) endobj 81 0 obj << /S /GoTo /D (appendix.F) >> endobj 84 0 obj (NZ market simulation with three demand states) endobj 85 0 obj << /S /GoTo /D (appendix.G) >> endobj 88 0 obj (Results for different elasticity values) endobj 89 0 obj << /S /GoTo /D [90 0 R /Fit] >> endobj 94 0 obj << /Length 2023 /Filter /FlateDecode >> stream xڝXY6~_0A<ݱrImy2L_>@5p4>8BM|yZLE$^T^sFPz #C_UiKm J|om1ڿyqƪkyr5q"o\:H