Nonconvex multicommodity near equilibrium models: Energy markets perspective

In this paper we explore the application of the minimum total opportunity cost (MTOC) model of Fuller and Celebi (2017) to multicommodity market planning models containing binary variables and price sensitive demands, with or without substitution among commodities. We present a greatly simplified de...

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Bibliographic Details
Main Authors: J. David Fuller, Mehrdad Pirnia
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Operations Research Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214716022000161