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Rational Buyer Meets Rational Seller: Reserves Market Equilibria under Alternative Auction Designs

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  • Kamat, Rajnish
  • Oren, Shmuel S

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  • Kamat, Rajnish & Oren, Shmuel S, 2002. "Rational Buyer Meets Rational Seller: Reserves Market Equilibria under Alternative Auction Designs," Journal of Regulatory Economics, Springer, vol. 21(3), pages 247-288, May.
    • Handle: RePEc:kap:regeco:v:21:y:2002:i:3:p:247-88
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    Cited by:

    1. Banshwar, Anuj & Sharma, Naveen Kumar & Sood, Yog Raj & Shrivastava, Rajnish, 2018. "An international experience of technical and economic aspects of ancillary services in deregulated power industry: Lessons for emerging BRIC electricity markets," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 774-801.
    2. Sebastian Just, 2011. "Appropriate contract durations in the German markets for on-line reserve capacity," Journal of Regulatory Economics, Springer, vol. 39(2), pages 194-220, April.
    3. Knittel, Christopher R & Metaxoglou, Konstantinos, 2008. "Diagnosing Unilateral Market Power in Electricity Reserves Market," Institute of Transportation Studies, Working Paper Series qt14q6c0mk, Institute of Transportation Studies, UC Davis.
    4. Fabian Ocker & Karl‐Martin Ehrhart & Marion Ott, 2018. "Bidding strategies in Austrian and German balancing power auctions," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 7(6), November.
    5. Just, Sebastian & Weber, Christoph, 2008. "Pricing of reserves: Valuing system reserve capacity against spot prices in electricity markets," Energy Economics, Elsevier, vol. 30(6), pages 3198-3221, November.
    6. Isemonger, Alan G., 2009. "The evolving design of RTO ancillary service markets," Energy Policy, Elsevier, vol. 37(1), pages 150-157, January.
    7. Karl-Martin Ehrhart & Fabian Ocker, 2021. "Design and regulation of balancing power auctions: an integrated market model approach," Journal of Regulatory Economics, Springer, vol. 60(1), pages 55-73, August.

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