Modeling Dynamic Procurement Auctions of Standardized Supply Contracts in Electricity Markets including Bidders Adaptation
Descendant Clock Auctions have been increasingly used in power markets. Traditional approaches are focused on discovering the bidders’ best response but neglecting the bidders’ adaptation. This paper presents an algorithm based on decision theory to estimate the bidders’ behavior along the auction....
- Autores:
-
Torres-Valderrama, Henry Camilo
Gallego-Vega, Luis Eduardo
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2015
- Institución:
- Universidad Nacional de Colombia
- Repositorio:
- Universidad Nacional de Colombia
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.unal.edu.co:unal/60695
- Acceso en línea:
- https://repositorio.unal.edu.co/handle/unal/60695
http://bdigital.unal.edu.co/59027/
- Palabra clave:
- 62 Ingeniería y operaciones afines / Engineering
Dynamic Auction Model
Descending Clock Auction
Electric Energy Regulation
Colombian Electric Energy Market
- Rights
- openAccess
- License
- Atribución-NoComercial 4.0 Internacional