Abbassi, Abdessalem; Dakhlaoui, Ahlem; Tamini, Lota D. - Centre de recherche en économie de l'environnement, de … - 2014
This article analyses management of hydropower dams within monopolistic and oligopolistic competition and when hydroelectricity producers are risk averse and face demand uncertainty. In each type of market structure we analytically determine the water release path in closed-loop equilibrium. We...