Games or Opportunities: Bidding in the California Markets
โ Scribed by Nguyen T. Quan; Robert J. Michaels
- Publisher
- Elsevier Science
- Year
- 2001
- Tongue
- English
- Weight
- 396 KB
- Volume
- 14
- Category
- Article
- ISSN
- 1040-6190
No coin nor oath required. For personal study only.
โฆ Synopsis
In California, generators bid hourly supply schedules with up to 15 segments in many markets, amounting to potential price decisions over a day running into the thousands. In this environment, analyses of market power are so complex as to be, for all practical purposes, impossible to perform.
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