discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price …

-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … corresponding discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. Even when firms may … collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …This paper contributes to the study of tacit collusion by analyzing infinitely reaped multiunit uniform price auctions …

discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price …

capacity constrained producers. …

capacity constrained producers. …

Consider a market where producers submit supply functions to a procurement auction - e.g. an electric power auction … reservation price, and (iiii) capacity constraints that bind with a positive probability, there is a unique symmetric SFE. …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction …

Capacity constraints on transmissions of electricity are raising an increasing policy concern as electricity markets … this paper is to highlight the impact of transmission capacity constraints and transmission costs on electricity market … auctions. In the presence of transmission capacity constraints, the equilibrium is asymmetric even when the suppliers are …

constraints and transmission costs. When the transmission capacity is binding, the discriminatory price auction could outperform … capacity is binding, an increase in transmission costs could be pro-competitive when the auction is discriminatory, but not … auction formats on suppliers' strategies in the presence of transmission constraints and transmission costs is still very …