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This paper investigates the optimal bidding strategy (supply function) for a generator offering power into a wholesale electricity market. The model has three characteristics: the uncertainties facing the generator are described by a single probability function, namely the market distribution...
Persistent link: https://www.econbiz.de/10009458057
In this paper, we consider the optimal policy for a generator offering power into a wholesale electricity market operating under a pool arrangement. Anderson and Philpott [Math. Oper. Res., 27 (2002), pp. 82--100] recently discussed necessary conditions for an optimal offer curve when there is...
Persistent link: https://www.econbiz.de/10009458060
It is generally believed that companies choose supply chain partners on the basis of their distinctive value propositions – a fact one would also expect holds true when companies choose a logistics service provider. However, faced with the complexities of varied customer demands, it can be...
Persistent link: https://www.econbiz.de/10009457471