Le Coq, Chloé (contributor) - 2004 - [Elektronische Ressource], First draft: May 2003, This draft: February 2004
It has been argued that having a contract market before the spot market enhances competition (Allaz and Vila, 1993 … contract markets reduces the market power of generators. In particular, we investigate the sensitivity of this result with … respect to the finite horizon assumption. This paper proposes a model of the electricity market where firms sign long …
