This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Dynamic Testing of Wholesale Power Market Designs: An Open-Source Agent-Based Framework

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Junjie Sun ()
Leigh Tesfatsion ()

Additional information is available for the following registered author(s):

Abstract

No abstract is available for this item.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1007/s10614-007-9095-1
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Computational Economics.

Volume (Year): 30 (2007)
Issue (Month): 3 (October)
Pages: 291-327
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:compec:v:30:y:2007:i:3:p:291-327

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100248

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: Wholesale power market restructuring; Empirical input validation; Market design; Behavioral economics; Learning; Market power; Agent-based modeling; AMES wholesale power market framework; Java; RepastJ; L1; D8; L9; C6;

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Paul L. Joskow, 2005. "Markets For Power In The United States - An Interim Assessment," Working Papers 0512, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research. [Downloadable!]
    Other versions:
  2. Nicolaisen, James & Petrov, Valentin & Tesfatsion, Leigh, 2001. "Market Power and Efficiency in a Computational Electricity Market with Discriminatory Double-Auction Pricing," Staff General Research Papers 1952, Iowa State University, Department of Economics. [Downloadable!]
    Other versions:
  3. Widergren, Steven & Sun, Junjie & Tesfatsion, Leigh S., 2006. "Market Design Test Environments," Staff General Research Papers 12516, Iowa State University, Department of Economics. [Downloadable!]
  4. Robert Wilson, 2002. "Architecture of Power Markets," Econometrica, Econometric Society, vol. 70(4), pages 1299-1340, July. [Downloadable!] (restricted)
  5. Sun, Junjie & Tesfatsion, Leigh S., 2007. "Open-Source Software for Power Industry Research, Teaching, and Training: A DC-OPF Illustration," Staff General Research Papers 12775, Iowa State University, Department of Economics. [Downloadable!]
  6. Axelrod, Robert & Tesfatsion, Leigh S., 2006. "A Guide for Newcomers to Agent-Based Modeling in the Social Sciences," Staff General Research Papers 12515, Iowa State University, Department of Economics. [Downloadable!]
  7. Bower, John & Bunn, Derek, 2001. "Experimental analysis of the efficiency of uniform-price versus discriminatory auctions in the England and Wales electricity market," Journal of Economic Dynamics and Control, Elsevier, vol. 25(3-4), pages 561-592, March. [Downloadable!] (restricted)
  8. Sun, Junjie, 2005. "U.S. Financial Transmission Rights: Theory and Practice," Staff General Research Papers 12266, Iowa State University, Department of Economics. [Downloadable!]
  9. Koesrindartoto, Deddy & Sun, Junjie & Tesfatsion, Leigh S., 2005. "An Agent-Based Computational Laboratory for Testing the Economic Reliability of Wholesale Power Market Designs," Staff General Research Papers 12388, Iowa State University, Department of Economics. [Downloadable!]
    Other versions:
  10. Paul Windrum & Giorgio Fagiolo & Alessio Moneta, 2007. "Empirical Validation of Agent-Based Models: Alternatives and Prospects," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10. [Downloadable!]
  11. Leigh Tesfatsion, 2002. "Agent-Based Computational Economics," Computational Economics 0203001, EconWPA, revised 15 Aug 2002. [Downloadable!]
  12. Sun, Junjie & Tesfatsion, Leigh S., 2006. "DC Optimal Power Flow Formulation and Solution Using QuadProgJ," Staff General Research Papers 12558, Iowa State University, Department of Economics. [Downloadable!]
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Widergren, Steven & Sun, Junjie & Tesfatsion, Leigh S., 2006. "Market Design Test Environments," Staff General Research Papers 12516, Iowa State University, Department of Economics. [Downloadable!]
  2. Eric Guerci & Stefano Ivaldi & Silvano Cincotti, 2008. "Learning Agents in an Artificial Power Exchange: Tacit Collusion, Market Power and Efficiency of Two Double-auction Mechanisms," Computational Economics, Springer, vol. 32(1), pages 73-98, September. [Downloadable!] (restricted)
  3. Sun, Junjie & Tesfatsion, Leigh S., 2007. "An Agent-Based Computational Laboratory for Wholesale Power Market Design," Staff General Research Papers 12776, Iowa State University, Department of Economics. [Downloadable!]
  4. Sun, Junjie & Tesfatsion, Leigh S., 2007. "Open-Source Software for Power Industry Research, Teaching, and Training: A DC-OPF Illustration," Staff General Research Papers 12775, Iowa State University, Department of Economics. [Downloadable!]
  5. Yu, Nanpeng & Liu, Chen-Ching & Tesfatsion, Leigh S., 2008. "Modeling of Suppliers Learning Behaviors in an Electricity Market Environment," Staff General Research Papers 12976, Iowa State University, Department of Economics. [Downloadable!]
  6. Giorgio Fagiolo & Andrea Roventini, 2008. "On the Scientific Status of Economic Policy: A Tale of Alternative Paradigms," LEM Papers Series 2008/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
    Other versions:
  7. Li, Hongyan & Sun, Junjie & Tesfatsion, Leigh S., 2009. "Separation and Volatility of Locational Marginal Prices in Restructured Wholesale Power Markets," Staff General Research Papers 13075, Iowa State University, Department of Economics. [Downloadable!]
Statistics
Access and download statistics

Did you know? About 1000 journals are listed on RePEc.

This page was last updated on 2009-11-12.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.