Evaluating individual market power in electricity markets via agent-based simulation.
(2003)
Journal Article
BUNN, D.W. and OLIVEIRA, F.S. 2003. Evaluating individual market power in electricity markets via agent-based simulation. Annals of operations research [online], 121(1-4), pages 57-77. Available from: https://doi.org/10.1023/A:1023399017816
We use agent-based simulation in a coordination game to analyse the possibility of market power abuse in a competitive electricity market. The context of this was a real application to the England and Wales electricity market as part of a Competition... Read More about Evaluating individual market power in electricity markets via agent-based simulation..