Multi-unit auctions in the procurement of electricity
This paper reviews some multi-unit auction mechanisms that are used in the procurement of electricity. In ordinary multi-unit auctions bidders compete to buy several units of the same object from the seller, while in procurement or reverse auctions suppliers of electricity compete to sell a certa...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics, Belgrade
2013-01-01
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Series: | Ekonomski Anali |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2013/0013-32641397047T.pdf |