Title :
Modeling market power in absence of historical information: The conjectural response approach
Author_Institution :
Pontificia Comillas Univ., Madrid
Abstract :
The intent of this paper is to review the procedures that have been proposed in order to estimate conjectural responses to be used in simulating electricity markets without resorting to historical data.
Keywords :
oligopoly; power markets; conjectural response; electricity markets; historical information; market power; oligopoly; Condition monitoring; Economic forecasting; Elasticity; Electricity supply industry; Forward contracts; Impedance; Oligopoly; Power generation economics; Production; Time factors; Electricity markets; market power; oligopoly;
Conference_Titel :
Electric Utility Deregulation and Restructuring and Power Technologies, 2008. DRPT 2008. Third International Conference on
Conference_Location :
Nanjuing
Print_ISBN :
978-7-900714-13-8
Electronic_ISBN :
978-7-900714-13-8
DOI :
10.1109/DRPT.2008.4523382
