SMEERS, Yves; WEI, Jing-Yuan - Center for Operations Research and Econometrics (CORE), … - 1997
Decentralization in electricity restructuring is a growing trend that Power Marketers are ex- pected to take advantage of. We consider a market composed of Power Marketers, an Indepen- dent System Operator, generators and retailers. Power Marketers behave a` la Cournot-Nash and the ISO...