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Efficient market-clearing prices in markets with nonconvexities

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  • O'Neill, Richard P.
  • Sotkiewicz, Paul M.
  • Hobbs, Benjamin F.
  • Rothkopf, Michael H.
  • Stewart, William R.

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  • O'Neill, Richard P. & Sotkiewicz, Paul M. & Hobbs, Benjamin F. & Rothkopf, Michael H. & Stewart, William R., 2005. "Efficient market-clearing prices in markets with nonconvexities," European Journal of Operational Research, Elsevier, vol. 164(1), pages 269-285, July.
    • Handle: RePEc:eee:ejores:v:164:y:2005:i:1:p:269-285
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    References listed on IDEAS

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    1. Johnson, Raymond B. & Oren, Shmuel S. & Svoboda, Alva J., 1997. "Equity and efficiency of unit commitment in competitive electricity markets," Utilities Policy, Elsevier, vol. 6(1), pages 9-19, March.
    2. Takayama,Akira, 1985. "Mathematical Economics," Cambridge Books, Cambridge University Press, number 9780521314985, September.
    3. Brown,Stephen J. & Sibley,David Sumner, 1986. "The Theory of Public Utility Pricing," Cambridge Books, Cambridge University Press, number 9780521314008, September.
    4. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    5. Severin Borenstein & James Bushnell, 1999. "An Empirical Analysis of the Potential for Market Power in California’s Electricity Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 47(3), pages 285-323, September.
    6. A. M. Geoffrion & R. Nauss, 1977. "Exceptional Paper--Parametric and Postoptimality Analysis in Integer Linear Programming," Management Science, INFORMS, vol. 23(5), pages 453-466, January.
    7. Crema, Alejandro, 1995. "Average shadow price in a mixed integer linear programming problem," European Journal of Operational Research, Elsevier, vol. 85(3), pages 625-635, September.
    8. WOLSEY, Laurence A., 1981. "Integer programming duality: price functions and sensitivity analysis," LIDAM Reprints CORE 431, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    9. Herbert Scarf, 1994. "The Allocation of Resources in the Presence of Indivisibilities," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 111-128, Fall.
    10. Herbert E. Scarf, 1990. "Mathematical Programming and Economic Theory," Operations Research, INFORMS, vol. 38(3), pages 377-385, June.
    11. Bikhchandani, Sushil & Mamer, John W., 1997. "Competitive Equilibrium in an Exchange Economy with Indivisibilities," Journal of Economic Theory, Elsevier, vol. 74(2), pages 385-413, June.
    12. Hobbs, Benjamin F. & Rothkopf, Michael H. & Hyde, Laurel C. & O'Neill, Richard P., 2000. "Evaluation of a Truthful Revelation Auction in the Context of Energy Markets with Nonconcave Benefits," Journal of Regulatory Economics, Springer, vol. 18(1), pages 5-32, July.
    13. Leonard, Herman B, 1983. "Elicitation of Honest Preferences for the Assignment of Individuals to Positions," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 461-479, June.
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