Modeling Electricity Auctions

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dc.contributor.author Fabra, Natalia
dc.contributor.author Fehr, Nils-Henrik Von der
dc.contributor.author Harbord, David
dc.date.accessioned 2014-05-23T11:21:36Z
dc.date.available 2014-05-23T11:21:36Z
dc.date.issued 2002
dc.identifier.bibliographicCitation The Electricity Journal, (2002), 15 (7), pp. 72-81
dc.identifier.issn 1040-6190
dc.identifier.uri http://hdl.handle.net/10016/4999
dc.description.abstract The recent debates over discriminatory versus uniform-price auctions in the U.K. and elsewhere have revealed an incomplete understanding of the limitations of some popular auction models when applied to real-world electricity markets. This has led some regulatory authorities to prefer discriminatory auctions on the basis of reasoning from models which are not directly applicable to any existing electricity market. Vickrey auctions, although often recommended by economists, have also been ignored in these debates.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.relation.isversionof http://hdl.handle.net/10016/5015
dc.rights © 2002 Elsevier Science Inc.
dc.subject.other Discriminatory auctions
dc.subject.other Uniform-price auctions
dc.subject.other Auction models
dc.subject.other Real-world electricity markets
dc.subject.other Vickrey auctions
dc.title Modeling Electricity Auctions
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1016/S1040-6190(02)00347-0
dc.subject.eciencia Economía
dc.identifier.doi 10.1016/S1040-6190(02)00347-0
dc.rights.accessRights openAccess
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 72
dc.identifier.publicationissue 7
dc.identifier.publicationlastpage 81
dc.identifier.publicationtitle The Electricity Journal
dc.identifier.publicationvolume 15
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