Equivalencia de Ingresos en un Duopolio Eléctrico
This article calculates the Bayes-Nash equilibria of a parametric family of auction models which includes, among others, the classic models. In an analysis of two power generation firms with the same production capacity and risk neutrality, the models in this class verify a revenue equivalence result.
Volume (Year): 47 (2010)
Issue (Month): 136 ()
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- repec:oup:restud:v:81:y:2014:i:4:p:1366-1400 is not listed on IDEAS
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- Parisio, Lucia & Bosco, Bruno, 2003. "Market Power and the Power Market: Multi-unit Bidding and (In)Efficiency in Electricity Auctions," International Tax and Public Finance, Springer, vol. 10(4), pages 377-401, August.
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