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Subastando la Energía Eléctrica para Clientes Regulados: Equilibrio con Información Completa y Aversión al Riesgo

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  • Francisco Caravia
  • Eduardo Saavedra

Abstract

This paper studies the non-cooperative equilibrium of an electricity auction in which bidding firms are risk averse and have complete information. It assumes a centralized dispatch and stochastic hydraulic generation. We find that the auction allocates th

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Bibliographic Info

Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía-Latin American Journal of Economics.

Volume (Year): 44 (2007)
Issue (Month): 129 ()
Pages: 1

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Handle: RePEc:ioe:cuadec:v:44:y:2007:i:129:p:3-30

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Keywords: Subastas; energía eléctrica; aversión al riesgo; oferta incierta; racionamiento eléctrico;

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