process of transmission rights is crucial. In an efficiently arbitraged uniform price auction generators will only obtain …-as-bid' auction, then these contracts can enhance market power. In the two-node network case banning generators from holding …

markets in silico, using electricity markets and on-line double auctions as illustrations. A monopoly sealed-bid auction is … examined in the tenth paper, and a new auction mechanism is evolved and analyzed. The chapter concludes that, as modeling the …