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(1) Modelling RETA: A Model of Forward Trading and the Balancing Mechanism AND (2) Rebidding in the Balancing Mechanism: An Economic Analysis

McDaniel, T.; Green, R. - Faculty of Economics, University of Cambridge - 1999

(1) The authors solve a two-stage model of electricity trading, with a forward market and a pay-bid balancing mechanism. They derive balancing mechanism strategies for generators which have sold forward and been scheduled to run, and for those which have not. Given these strategies, we can...

Persistent link: https://www.econbiz.de/10005647505

Bidding in fixed rate tenders: theory and experience with the ECB tenders

Välimäki, Tuomas - Suomen Pankki - 2002

This paper presents a model of the optimal bidding behaviour of a single bank in the context of fixed rate liquidity … tenders. Banks’ bidding is shown to depend crucially on the central bank’s liquidity policy as regards tender allotments. The …

Persistent link: https://www.econbiz.de/10005648869

Variable rate liquidity tenders

Välimäki, Tuomas - Suomen Pankki - 2002

This paper constructs an equilibrium model for the short-term money market, when the central bank provides liquidity via variable rate tenders. The relation between market rate of interest and liquidity is derived from a single bank’s profit maximisation problem in the interbank market, and...

Persistent link: https://www.econbiz.de/10005648870

Screening, Bidding, and the Loan Market Tightness

Shi, Shouyong; Cao, Melanie - Economics Department, Queen's University - 1999

Bank loans are more available and cheaper for new and small businesses in the US in areas with highly concentrated banks than in areas with highly competitive banks. We explain this fact by analyzing banks' decisions to screen risky projects and their subsequent competition in loan provisions....

Persistent link: https://www.econbiz.de/10005653184

Hedonic Markets and Explicit Demands: Bid-Function Envelopes for Public Services, Neighborhood Amenities, and Commuting Costs

Yinger, John - Center for Policy Research, Maxwell School - 2009

and amenities. This paper builds on the theory of household bidding and sorting to derive a bid function envelope, which …

Persistent link: https://www.econbiz.de/10005698374

Procurement bidding with restrictions

Iyer, Ganesh; Pazgal, Amit - In: Quantitative Marketing and Economics 6 (2008) 2, pp. 177-204

Persistent link: https://www.econbiz.de/10005701836

A Multinomial Logit Framework to Estimate Bid Shading in Procurement Auctions: Application to Cattle Sales in the Texas Panhandle

Crespi, John; Sexton, Richard - In: Review of Industrial Organization 27 (2005) 3, pp. 253-278

estimation of a bidder’s probability of winning, but the approach does not rely upon the bidding process following any particular …

Persistent link: https://www.econbiz.de/10005701921

Does the Quality of Training Programs Matter? Evidence from Bidding Processes Data

Chong, Alberto; Galdo, Jose - Institute for the Study of Labor (IZA) - 2006

training courses is based on public bidding processes that assign standardized scores to multiple proxies for quality. Second …

Persistent link: https://www.econbiz.de/10005703048

Wind power bidding in electricity markets with high wind penetration

Vilim, Michael; Botterud, Audun - In: Applied Energy 118 (2014) C, pp. 141-155

The optimal day-ahead bidding strategy is studied for a wind power producer operating in an electricity market with …

Persistent link: https://www.econbiz.de/10010743611

Combinatorial Auctions for Trucking Service Procurement: An Examination of Carrier Bidding Policies

Song, Jiongjiong; Regan, Amelia C. - Institute for Transportation Studies (ITS), University … - 2003

companies. In order to achieve maximal benefits in these auctions, carriers must determine a bidding policy that can accurately … this paper, we analyze the complexity of this bidding problem for the procurement of truckload trucking service contracts … framework, we examine the performance of this method elative to a straightforward bidding policy similar to those used in …

Persistent link: https://www.econbiz.de/10010677298