{"title":"自由化市场中的战略性投标","authors":"N. Domingues, V. Mendes","doi":"10.1109/EEM.2008.4579045","DOIUrl":null,"url":null,"abstract":"This paper presents results of a study concerning the generation strategic bids for a single hour. In this study we incorporated the price and quantity bids. We considered an elastic demand curve, approximated by an affine function, assuming that there is consumer's reaction and that the market price and the demand are related. Also, we consider the competitors reaction using a parameter that represents the conjectural variation. We studied the market behaviour assuming that the market price is represented by a normal probability function. We studied and compared the market behaviour for two price markets types: the MCP (Market Clearing Pay) and PAB (Pay As Bid).","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"14 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Strategic bids in liberalized markets\",\"authors\":\"N. Domingues, V. Mendes\",\"doi\":\"10.1109/EEM.2008.4579045\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper presents results of a study concerning the generation strategic bids for a single hour. In this study we incorporated the price and quantity bids. We considered an elastic demand curve, approximated by an affine function, assuming that there is consumer's reaction and that the market price and the demand are related. Also, we consider the competitors reaction using a parameter that represents the conjectural variation. We studied the market behaviour assuming that the market price is represented by a normal probability function. We studied and compared the market behaviour for two price markets types: the MCP (Market Clearing Pay) and PAB (Pay As Bid).\",\"PeriodicalId\":118618,\"journal\":{\"name\":\"2008 5th International Conference on the European Electricity Market\",\"volume\":\"14 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2008-05-28\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2008 5th International Conference on the European Electricity Market\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/EEM.2008.4579045\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2008 5th International Conference on the European Electricity Market","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/EEM.2008.4579045","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper presents results of a study concerning the generation strategic bids for a single hour. In this study we incorporated the price and quantity bids. We considered an elastic demand curve, approximated by an affine function, assuming that there is consumer's reaction and that the market price and the demand are related. Also, we consider the competitors reaction using a parameter that represents the conjectural variation. We studied the market behaviour assuming that the market price is represented by a normal probability function. We studied and compared the market behaviour for two price markets types: the MCP (Market Clearing Pay) and PAB (Pay As Bid).