Referenced Items are not available for this document.
We reanalyze a bilateral electricity market model, previously presented in , where suppliers own multiple generators. We clarify some implicit assumptions in the model and prove that, under one detailed specification of the assumptions, the previously suggested Nash equilibria for the model are inconsistent with the definition of Nash equilibrium. We discuss the implications and comment on the relationship to multiple unit auction theory.
Published in:
Power Systems, IEEE Transactions on
(Volume:19
,
Issue:
2
)
Date of Publication: May 2004
- Page(s):
- 1243 - 1244
- ISSN :
- 0885-8950
- INSPEC Accession Number:
- 7975442
- Digital Object Identifier :
- 10.1109/TPWRS.2004.825932
- Product Type:
- Journals & Magazines
- Date of Current Version :
- 04 May 2004
- Issue Date :
- May 2004
- Sponsored by :
- IEEE Power & Energy Society
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