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We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using …
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This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...
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electricity markets. We propose two simple approaches to determine marginal technologies in electricity wholesale from available …
Persistent link: https://www.econbiz.de/10012055621
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that inc-dec gaming...
Persistent link: https://www.econbiz.de/10015457643
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