Strategic Bidding in a Multi-Unit Auction: An Empirical Analysis of Bids to Supply Electricity
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This paper considers the bidding behavior of participants in the daily auction to supply electricity in England and Wales. Every day, owners of generating capacity submit bids reflecting a price for power from their plants. The price bid by the last plant used to meet electricity needs in a given
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美国国家经济研究局创建时间：
1997-11-01
