Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10003474213
Persistent link: https://www.econbiz.de/10003474217
Persistent link: https://www.econbiz.de/10009696668
Persistent link: https://www.econbiz.de/10003292349
Persistent link: https://www.econbiz.de/10010531316
Persistent link: https://www.econbiz.de/10010410636
This note contains the equilibrium bid functions for two types of common-value procurement auctions: 1) a procurement auction in which bids represent an enforceable contract; 2) a procurement auction in which, upon learning the true cost of supplying the good, the winning bidder can renegotiate...
Persistent link: https://www.econbiz.de/10012959079
A Payment Cost Minimization auction has been proposed as an alternative to the Offer Cost Minimization auction for use in wholesale electric power markets with an intention to lower procurement cost of electricity. Efficiency concerns have been raised for this proposal while assuming that the...
Persistent link: https://www.econbiz.de/10012959080
Persistent link: https://www.econbiz.de/10012151126
Numerous field experiments have proven that various monetary and informational incentives encourage demand response by increasing awareness about peak electricity prices and potentially inefficient energy use. However, very little is known about the effects of such interventions on overall...
Persistent link: https://www.econbiz.de/10014256390