Risk Aversion and Hydro-energy Reservoirs Management under Monopolistic and Oligopolistic Industrial Structures
This article analyses management of hydropower dams within monopolistic and oligopolistic competition and when hydroelectricity producers are risk averse and face demand uncertainty. In each type of market structure we analytically determine the water release path at the closed-loop equilibrium. In...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2023-11-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://econjournals.com/index.php/ijeep/article/view/14952 |