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| Author: | Denton, M.J. (et al.) |
| Title: | Market power in a deregulated electrical industry |
| Journal: | Decision Support Systems
2001 : JAN, VOL. 30:3, p. 357-381 |
| Index terms: | DEREGULATION ELECTRICITY INDUSTRY |
| Freeterms: | MARKET POWER |
| Language: | eng |
| Abstract: | The authors study the behaviour of prices, efficiency and wholesale buyer and seller profitability using paid human subjects in a two-sided sealed bid-offer (SBO) spot market bidding mechanism on a three-node radial supply system. Market power issues are addressed by comparing three with six remote generation firms. |
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