Olson, Mark A.; Rassenti, Stephen; Smith, Vernon L. - In: Handbook of experimental economics results : volume 1, (pp. 681-699). 2008
This chapter summarizes results from various experiments that uses a complex 9-node network market with parameters supplied by the electric utility industry. In the experiments conducted, the chapter uses a DC model with quadratic line losses to compute the real power flows in the aggregated...