The auction model with lower risk in duopolistic electricity market

The present paper models the electricity market auction as a two-person game with incomplete information under the assumption that bidders are symmetric, risk neutral and have independent private costs. Alonso and Tejada (2010) define an extensive parametric family of auction models which contains...

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Bibliographic Details
Published in:Económica
Main Authors: Estrella Alonso, Juan Tejada
Format: Article
Language:English
Published: Universidad Nacional de La Plata 2012-12-01
Online Access:https://revistas.unlp.edu.ar/Economica/article/view/5356