id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_764juaitqzfflfo7hvpwfw5cnm	Ismael Arciniegas	Assessing the efficiency of US electricity markets	2003	19	.pdf	application/pdf	6037	925	78	the mark of efficiency reached by the electricity markets in California, New York, and PJM. terms of market efficiency no significant differences between the California and PJM electricity in California, New York, and PJM and see if some of the differences in price dynamics in these our knowledge a comparative analysis of efficiency among California, New York, and PJM This study analyzes the price dynamics of the power markets in California, PJM, and electricity market has day-ahead and hour-ahead phases as well as a real-time one. The ISO-run day-ahead markets of PJM and New York are subject to the Also, the forward and realtime prices should be cointegrated for the market to be efficient, otherwise the difference in This paper evaluates the efficiency of the power markets in California, PJM, and New Comparison of California, PJM and New York electricity markets Comparison of California, PJM and New York electricity markets	./cache/work_764juaitqzfflfo7hvpwfw5cnm.pdf	./txt/work_764juaitqzfflfo7hvpwfw5cnm.txt