A Comparative Study of Iran’s Electricity Market Auction Mechanism and System Marginal Price Auction Mechanism
The present article discusses the impacts of selecting between different common auctions in electricity markets (system marginal price auction and pay as bid auction) on production efficiency, total efficiency and average expected price in an asymmetric information situation, where each player’s inf...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2014-07-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | http://joer.atu.ac.ir/article_415_a24e79c4987ed0fcbe139be7374e0a42.pdf |