✦ LIBER ✦

Designing an auction for QF generation resources in California: What went wrong?

✍ Scribed by Paul R. Gribik

Publisher: Elsevier Science
Year: 1995
Tongue: English
Weight: 1008 KB
Volume: 8
Category: Article
ISSN: 1040-6190
DOI: 10.1016/1040-6190(95)90197-3

No coin nor oath required. For personal study only.

✦ Synopsis

The California QF auction showed that when a multifaceted product is being bought or sold, a straightforward extension of a simple auction format may not retain the desired characteristics of the simple auction. Care must be taken to encourage desired behaviors among the parties in the auction.