کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
9663684 | 1446238 | 2005 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Multi-unit auctions with complementarities: Issues of efficiency in electricity auctions
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
مهندسی کامپیوتر
علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Multi-unit auctions with complementarities: Issues of efficiency in electricity auctions Multi-unit auctions with complementarities: Issues of efficiency in electricity auctions](/preview/png/9663684.png)
چکیده انگلیسی
In this paper, we analyze the ability of different auction structures to induce the efficient dispatch in a one-shot framework where generators know their own and competitors' costs with certainty. In particular, we are interested in identifying which, if any, rules in an auction structure yield only the efficient dispatch in equilibrium. We find that a critical component to a successful auction design is the way in which demand is bundled and hence the way bids are defined. While an auction mechanism which allows for more than one winner in an auction may support inefficient dispatches in equilibrium, we find that an auction where there is exactly one winner per lot, where the lots are formed to capture the cost structure of generation plants, and all lots are auctioned simultaneously, supports only efficient dispatches in equilibrium.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 166, Issue 2, 16 October 2005, Pages 430-448
Journal: European Journal of Operational Research - Volume 166, Issue 2, 16 October 2005, Pages 430-448
نویسندگان
Wedad J. Elmaghraby,