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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-01-01
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Series: | Operations Research Perspectives |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214716022000161 |