Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017
function into the firm’s profit-maximizing objective. These mechanisms come in two forms, one based on subsidies …/taxes,the other based on constraints/ price caps. In spite of a number of improvements and a good empirical track record simple … traditions and is shown to apply well to electricity transmission pricing and investment. In particular, it induces immediately …