{"created":"2023-06-20T15:03:35.032315+00:00","id":1709,"links":{},"metadata":{"_buckets":{"deposit":"88766fb6-1b96-4540-bf02-ce505e05d93c"},"_deposit":{"created_by":16,"id":"1709","owners":[16],"pid":{"revision_id":0,"type":"depid","value":"1709"},"status":"published"},"_oai":{"id":"oai:grips.repo.nii.ac.jp:00001709","sets":["1:99"]},"author_link":["8856","8855","8853","8854"],"item_12_description_22":{"attribute_name":"著者情報","attribute_value_mlt":[{"subitem_description":"https://www.grips.ac.jp/list/jp/facultyinfo/hosoe_nobuhiro/","subitem_description_type":"Other"}]},"item_12_description_6":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"In this paper, we develop a structural auction model and quantify the effects of policy measures aiming to enhance competition in the Japanese retail power market. We employ a theoretical model that incorporates asymmetries between the incumbent and entrants in terms of both the cost and information structures, where the costs of the former are assumed common knowledge, and empirically estimate the structural parameters characterizing their cost distributions using public power procurement data. We then conduct counterfactual simulations to quantify two competition-promoting policy measures: a bid reference program for entrants, and an increase in the number of potential bidders. We take a parametric approach to estimate the structural model successfully in contrast to a nonparametric approach that previous studies took. Our simulation results show that these procompetitive measures would barely increase participation by potential entrants but would elicit more aggressive incumbent bidding behavior. Further,  a modest bid-preferential rate would improve welfare and reduce the probability of realizing inefficient allocations associated with a costly winning bidder.","subitem_description_type":"Abstract"}]},"item_12_description_7":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"JEL Classification Codes: L94, H57, C54","subitem_description_type":"Other"}]},"item_12_full_name_3":{"attribute_name":"著者別名","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"8856","nameIdentifierScheme":"WEKO"}],"names":[{"name":"高木, 真吾","nameLang":"ja"}]},{"nameIdentifiers":[{"nameIdentifier":"8855","nameIdentifierScheme":"WEKO"}],"names":[{"name":"細江, 宣裕","nameLang":"ja"}]}]},"item_12_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.24545/00001697","subitem_identifier_reg_type":"JaLC"}]},"item_12_publisher_12":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"GRIPS Policy Research Center ","subitem_publisher_language":"en"}]},"item_12_relation_16":{"attribute_name":"関連サイト","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_text":"https://ideas.repec.org/p/ngi/dpaper/19-18.html"}],"subitem_relation_type":"isIdenticalTo","subitem_relation_type_id":{"subitem_relation_type_id_text":"https://ideas.repec.org/p/ngi/dpaper/19-18.html","subitem_relation_type_select":"URI"}}]},"item_12_text_10":{"attribute_name":"発行年","attribute_value_mlt":[{"subitem_text_value":"2019-09"}]},"item_12_text_5":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"北海道大学 / Hokkaido University"},{"subitem_text_value":"政策研究大学院大学 / National Graduate Institute for Policy Studies"}]},"item_12_version_type_19":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_ab4af688f83e57aa","subitem_version_type":"AM"}]},"item_1693541285410":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2019-09-10","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"DP19-18","bibliographic_titles":[{"bibliographic_title":"GRIPS Discussion Papers","bibliographic_titleLang":"en"}]}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"TAKAGI, Shingo","creatorNameLang":"en"}],"nameIdentifiers":[{}]},{"creatorNames":[{"creatorName":"HOSOE, Nobuhiro","creatorNameLang":"en"}],"nameIdentifiers":[{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","filename":"DP19-18.pdf","filesize":[{"value":"3.0 MB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"DP19-18.pdf","url":"https://grips.repo.nii.ac.jp/record/1709/files/DP19-18.pdf"},"version_id":"8378b6f9-f0b4-40e6-8a31-23a6653138ef"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"electric power industry","subitem_subject_scheme":"Other"},{"subitem_subject":"auction data","subitem_subject_scheme":"Other"},{"subitem_subject":"public procurement","subitem_subject_scheme":"Other"},{"subitem_subject":"structural estimation","subitem_subject_scheme":"Other"},{"subitem_subject":"asymmetric information structure","subitem_subject_scheme":"Other"},{"subitem_subject":"competition policy","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report"}]},"item_title":"A Structural Estimation Approach to an Asymmetric Auction Model for the Japanese Retail Power Market","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"A Structural Estimation Approach to an Asymmetric Auction Model for the Japanese Retail Power Market","subitem_title_language":"en"}]},"item_type_id":"12","owner":"16","path":["99"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2019-09-10"},"publish_date":"2019-09-10","publish_status":"0","recid":"1709","relation_version_is_last":true,"title":["A Structural Estimation Approach to an Asymmetric Auction Model for the Japanese Retail Power Market"],"weko_creator_id":"16","weko_shared_id":-1},"updated":"2023-11-20T08:42:58.615142+00:00"}