III, Robert F. Cope; Dismukes, David E.; Cope, Rachelle F. - In: Managerial and Decision Economics 22 (2001) 8, pp. 411-429
This paper develops a nonlinear, mathematical programming model for estimating production decisions in an open access, regional power market. Our approach allows one to estimate competitive power market equilibrium prices, which in turn offers empirical conclusions about marginal generation...