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-Emissionsgutschriften behandelt. Naciye Akca ermittelt die Matrix-Auktion als diejenige Auktionsform, die für den speziellen Anwendungskontext der … Modellierungstechnik extensiver Spiele und die Teilspielperfektheit als ein Lösungskonzept der nicht-kooperativen Spieltheorie für … sequentielle Spiele herangezogen. Zur Implementierung der Matrix-Auktion zur Versteigerung von Treib¬hausgas-Emissionsrechten und …
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Capacity constraints on transmissions of electricity are raising an increasing policy concern as electricity markets are integrated around the world. But our understanding of the workings of such markets is still limited. The purpose of this paper is to highlight the impact of transmission...
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In this paper we study two reverse auction formats in a single period setting, the sealed pay-as-bid and the open … for the case of two suppliers with uniformly distributed cost. We find that the pay-as-bid auction allocates business …. We then characterize a descending price-clock open auction implementation and find that it is optimal and that the buyer …
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Capacity mechanisms are increasingly used in electricity market design around the world yet their role remains hotly debated. In this paper, we introduce a new benchmark model of a capacity mechanism in a competitive electricity market with many different generation technologies. We consider two...
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