-good/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and …

The authors consider theoretical models for mechanisms of the wholesale electricity market. Among them: Cournot auction …, first-price auction of supply functions, Vickrey auction, pay-as-bid auction, two-stage auction. Theoretical estimations of …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction …

large number of applications, especially in auction theory, affiliation has limitations that are important to be aware of …

large number of applications, especially in auction theory, affiliation has limitations that are important to be aware of …

/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction …

to first- and second-price auctions and conclude that the two standard auction formats yields the same expected price to …

We consider a procurement auction, where each supplier has private costs and submits a stepped supply function. We …

We consider a procurement auction, where each supplier has private costs and submits a stepped supply function. We …