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An experimental investigation of soft price caps in uniform price auction markets for wholesale electricity Author info | Abstract | Publisher info | Download info | Related research | Statistics Christian Vossler ()
Timothy Mount
Robert Thomas
Ray Zimmerman
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Article provided by Springer in its journal Journal of Regulatory Economics .
Volume (Year): 36 (2009)
Issue (Month): 1 (August)
Pages: 44-59
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Handle: RePEc:kap:regeco:v:36:y:2009:i:1:p:44-59Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100298
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Soft cap auction ; Uniform price auction ; Electricity markets ; Experimental auctions ; L94 ; D44 ; C92 ; 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.: Natalia Fabra & Nils-Henrik M. von der Fehr & David Harbord, 2006.
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Other versions: Lynne Kiesling & Bart Wilson, 2007.
"An experimental analysis of the effects of automated mitigation procedures on investment and prices in wholesale electricity markets ,"
Journal of Regulatory Economics ,
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Jordi Brandts & Paul Pezanis-Christou & Arthur Schram, 2008.
"Competition with forward contracts: a laboratory analysis motivated by electricity market design ,"
Economic Journal ,
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Other versions: Rassenti, Stephen J & Smith, Vernon L & Wilson, Bart J, 2003.
"Discriminatory Price Auctions in Electricity Markets: Low Volatility at the Expense of High Price Levels ,"
Journal of Regulatory Economics ,
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Wolak, Frank A., 2003.
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The Electricity Journal ,
Elsevier, vol. 16(7), pages 11-37.
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Denton, Michael J. & Rassenti, Stephen J. & Smith, Vernon L., 2001.
"Spot market mechanism design and competitivity issues in electric power ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 44(4), pages 435-453, April.
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Douglas D. Davis & Charles A. Holt, 1994.
"Market Power and Mergers in Laboratory Markets with Posted Prices ,"
RAND Journal of Economics ,
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John C. Bernard & William Schulze & Timothy Mount, 2005.
"Bidding behaviour in the multi-unit Vickrey and uniform price auctions ,"
Applied Economics Letters ,
Taylor and Francis Journals, vol. 12(10), pages 589-595, August.
[Downloadable!] (restricted)
Harris, Milton & Raviv, Artur, 1981.
"Allocation Mechanisms and the Design of Auctions ,"
Econometrica ,
Econometric Society, vol. 49(6), pages 1477-99, November.
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Abbink, Klaus & Brandts, Jordi & McDaniel, Tanga, 2003.
"Asymmetric Demand Information in Uniform and Discriminatory Call Auctions: An Experimental Analysis Motivated by Electricity Markets ,"
Journal of Regulatory Economics ,
Springer, vol. 23(2), pages 125-44, March.
[Downloadable!] (restricted)
Cox, James C & Smith, Vernon L & Walker, James M, 1984.
" Theory and Behavior of Multiple Unit Discriminative Auctions ,"
Journal of Finance ,
American Finance Association, vol. 39(4), pages 983-1010, September.
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