Sealed auction model and its application in electricity power bidding

被引：0
|
作者：
Zhang, XH [1 ]
机构：
[1] Changsha Univ Sci & Technol, Sch Management, Changsha 410076, Peoples R China
来源：
PROCEEDINGS OF THE 2005 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING (12TH), VOLS 1- 3 | 2005年
关键词：
auction model; electricity power bidding; repeated bidding;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper set up a single-goods auction model with incomplete information based on the sealed bid auction, with which the electricity power bidding of power Generation Company is analyzed, through solving the model, we receive the general equilibrium, where market power exist, the conclusion is "boxed game", or is "Prisoner's dilemma". Then to analyze the repeated electricity power bidding and the equilibrium conclusion is that the clearing price is higher in the power market.
引用
收藏
页码：2417 / 2420
页数：4
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