A conjectural-variations approach models an oligopolistic market wherein firms react to price by conjecturing how changes in price impact the production decisions of their competitors.
Feb 16, 2020
Aug 10, 2019 · This paper proposes a conjectural-variations based approach to modeling investment and spot-market equilibria in imperfectly competitive ...
We develop a two-stage model to analyze a Cournot wholesale electricity market in which competing firms use photovoltaics augmented with batteries (PVB) or ...
Feb 6, 2018 · This paper proposes a conjectural-variations based approach to modeling investment and spot market equilibria in imperfectly competitive ...
Abstract: We study generation-capacity planning in a restructured oligopolistic electricity market, taking a conjectural-variations approach. We do this through ...
Equilibria in investment and spot electricity markets: A conjectural-variations approach ; Journal: European Journal of Operational Research, 2020, № 1, p. 129- ...
Bibliographic details on Equilibria in investment and spot electricity markets: A conjectural-variations approach.
We introduce equilibrium models that capture various degrees of strategic behavior in the spot market by introducing conjectural variations into the short-run ...
Jan 12, 2017 · A bidding approach based on conjectural variation (CV) improvement via dynamic learning is developed for generation firms to construct ...
This dissertation studies electricity markets based on two-settlement systems and applies the concept of conjectural variation (CV) as a tool for ...