Search Results - subject:"Bidding function"

Optimal bidding functions for renewable energies in sequential electricity markets

Finnah, Benedikt - In: OR spectrum : quantitative approaches in management 44 (2022) 1, pp. 1-27

Persistent link: https://www.econbiz.de/10013172594

Optimal bidding functions for renewable energies in sequential electricity markets

Finnah, Benedikt - In: OR Spectrum 44 (2021) 1, pp. 1-27

bidding functions analytically via backward recursion. We demonstrate that, for each hour and market, the optimal bidding … function is completely defined by two bids. While we focus on power producers with stochastic supply (e.g., wind or solar), our …

Persistent link: https://www.econbiz.de/10014497606

Discriminatory vs Uniform Price Auction: Auction Revenue

Ryu, Keunkwan; Kim, Gyung-Rok; Oh, Seonghwan - Econometric Society - 2004

We compare auction revenues from discriminatory auctions and uniform price auctions in the case of the Korean treasury bonds auction market. For this purpose, we employ detailed bidder level data for each of 16 discriminatory auctions recently carried out in Korea. We first theoretically recover...

Persistent link: https://www.econbiz.de/10005342340