Supply function equilibria for uniform price auction in oligopolistic markets

DOI10.1007/s10100-015-0390-yzbMath1358.91074OpenAlexW2146613196MaRDI QIDQ519003

Marina Dolmatova, Alexander Vasin, Gerhard-Wilhelm Weber

Publication date: 4 April 2017

Published in: CEJOR. Central European Journal of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10100-015-0390-y

zbMATH Keywords

auctionsoligopolybest response dynamicssupply function equilibriumwholesale electricity market

Mathematics Subject Classification ID

Applications of game theory (91A80) Auctions, bargaining, bidding and selling, and other market models (91B26) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites Work

• On organization of markets of homogeneous goods
• Oligopoly models for market price of electricity under demand uncertainty and unit reliability
• Numerical calculation of an asymmetric supply function equilibrium with capacity constraints
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• Supply Function Equilibria in Oligopoly under Uncertainty
• Does SFE Correspond to Expected Behavior in the Uniform Price Auction?
• Optimal Offer Construction in Electricity Markets
• VALUATION EQUILIBRIUM AND PARETO OPTIMUM