Sökning: "pay-as-bid auction"
Hittade 1 avhandling innehållade orden pay-as-bid auction.
1. Modelling Bidding Behaviour in Electricity Auctions : Supply Function Equilibria with Uncertain Demand and Capacity Constraints
Sammanfattning : In most electricity markets, producers submit supply functions to a procurement uniform-price auction under uncertainty before demand has been realized. In the Supply Function Equilibrium (SFE), every producer commits to the supply function that maximises his expected profit given the bids of competitors. LÄS MER
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