Secure and Efficient Electricity Supply
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Supply Function Equilibrium: Theory and Applications
The paper deals with the Supply Function Equilibrium (SFE) as a model of competition in electricity markets. It introduces theoretical advancement through relaxing traditional assumptions of continuity of supply functions and provides a foundation for efficient computational algorithms. Special emphasis is placed on exploring the existence of equilibria and on the players’ ability to learn subj...
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تاریخ انتشار 2013