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An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior

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NBER2001-04-01 更新2025-01-04 收录
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A major concern in the design of wholesale electricity markets is the potential for the exercise of market power by generating unit owners. To better understand the determinants of generating unit owner market power and how it is exercised, this paper derives a model of bidding behavior in a

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2001-04-01
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