In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...

This article calculates the Bayes-Nash equilibria of a parametric family of auction models which includes, among others, the classic models. In an analysis of two power generation firms with the same production capacity and risk neutrality, the models in this class verify a revenue equivalence...

In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...

Una de las dificultades que enfrentan las autoridades regulatorias en el diseño de políticas eficientes para la protección y preservación de recursos comunes (v.gr., calidad del aire, calidad del agua, cuerpos de agua, pesquerías) es que gran parte de la información relevante para el...

Parte I. Aspectos teóricos de los modelos de equilibrio general, 1. Elementos básicos de la teoría de equilibrio general, 2. Modelos específicos de equilibrio general competitivo -- Parte II. Aplicaciones de los modelos de equilibrio general, 3.Modelos computables o calibrados de equilibrio...