Bompard, E.; Ma, Y. C.; Ragazzi, E. - In: The European Physical Journal B - Condensed Matter and … 50 (2006) 1, pp. 153-160
Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower price, leading to higher market efficiency....