In multi-unit auctions, such as auctions of commodities and securities, and financial exchanges, it is necessary to …

for Proposals (RFP) and auctions (Renewable Auction Mechanism). The study proposes an auction design with a focus on the …

annual capacity auctions. The paper examines the case for, criticisms of, and the outcome of the first auction, criticizing …

electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the …-good/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and … restrictions on the offer curves in wholesale electricity auctions. …

conclude that where there is competition at entry terminals auctions have been successful with respect to anticipating spot … prices, capturing producer rents and reducing the costs of alleviating network constraints. Moreover, auctions are more …

of transmission allocation (auctions or market coupling) will affect the prospects of making further gains and hence …

equilibria in First-Price auctions are provided. The conditions are also appropriate for ensuring that computer generated …