A Revenue Equivalence Result in a Duopolistic Electricity Market where one of the suppliers has two production units
In this paper we will model the electricity market auction as a two-person game with incomplete information under the assumption that bid-ders are asymmetric in units production, risk neutral and with unknownvalues.We characterize the strictly monotone bayesian Nash equilibrium andwe rank a family o...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidad Politécnica de Madrid
2012-04-01
|
| Series: | Pensamiento Matemático |
| Online Access: | http://goo.gl/ET1e7 |