Search Results - subject:"bid functions"

Estimating Marginal Costs and Market Power in the Italian Electricity Auctions

Bosco, Bruno; Parisio, Lucia; Pelagatti, Matteo - Dipartimento di Statistica, Università degli Studi di … - 2010

In this paper we examine the bidding behaviour of firm competing in the Italian wholesale electricity market where generators submit hourly supply schedule to sell power. We describe the institutional characteristics of the Italian market and derive generators' equilibrium bidding functions. We...

Persistent link: https://www.econbiz.de/10008619276

Strategic bidding in vertically integrated power markets with an application to the Italian electricity auctions

Bosco, Bruno; Parisio, Lucia; Pelagatti, Matteo - In: Energy Economics 34 (2012) 6, pp. 2046-2057

their production in advance with bilateral contracts. We first use optimal bid functions and market data to retrieve time …

Persistent link: https://www.econbiz.de/10010588001

Strategic bidding in vertically integrated power markets with an application to the Italian electricity auctions

Bosco, Bruno; Parisio, Lucia; Pelagatti, Matteo - In: Energy economics 34 (2012) 6, pp. 2046-2057

Persistent link: https://www.econbiz.de/10009688589

A measure of market imperfection by frontier analysis

MOUCHART, Michel; VANDRESSE, Marie - Center for Operations Research and Econometrics (CORE), … - 2003

In this paper, we propose an empirical method to measure the market imperfection and the bargaining power of the agents, by extending the methods of frontier analysis. A case study in the ﬁeld of freight transport illustrates the proposed method.

Persistent link: https://www.econbiz.de/10005008607

Elicited bid functions in (a)symmetric first-price auctions

Pezanis-Christou, Paul; Sadrieh, Abdolkarim - Departament d'Economia i Història Econòmica, … - 2003

' complete bid functions in each round (auction) of the experiment. In the aggregate, behavior is consistent with the basic … deviations from equilibrium). However, when we look at the extent of best reply behavior and the shape of bid functions, we find …

Persistent link: https://www.econbiz.de/10005582610

Elicited bid functions in (a)symmetric first-price auctions

Pezanis-Christou, Paul; Sadrieh, Abdolkarim - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

Persistent link: https://www.econbiz.de/10010851480

Chapter 47 Sorting and voting: A review of the literature on urban public finance

Ross, Stephen; Yinger, John - In: Handbook of regional and urban economics : volume 3, …, (pp. 2001-2060). 1999

bid functions and household sorting, as well as alternative approaches to this issue. It also examines models of local tax …

Persistent link: https://www.econbiz.de/10014023952