Pricing of electric power under uncertainty: information and efficiency Export

@article{citeulike:788756, abstract = {Schemes for pricing electric power are compared in terms of how well they coordinate the decisions of participants-consumers, suppliers, regulators. A scheme is analyzed along two dimensions: the aspects of participants private information that the scheme reveals; and the efficiency of the allocation the scheme reaches. Information aspects are studied within the framework of economic mechanism theory; allocation efficiency is studied within a stochastic recourse model which takes into account consumer loss due to rationing}, author = {Ishikida, T. and Varaiya, P. P.}, citeulike-article-id = {788756}, citeulike-linkout-0 = {http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=387930}, journal = {Power Systems, IEEE Transactions on}, keywords = {electricity-prices, energy, stochastic-programming}, number = {2}, pages = {884--890}, posted-at = {2006-08-07 14:10:16}, priority = {2}, title = {Pricing of electric power under uncertainty: information and efficiency}, url = {http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=387930}, volume = {10}, year = {1995} }

TY - JOUR ID - citeulike:788756 L3 - citeulike-article-id:788756 N2 - Schemes for pricing electric power are compared in terms of how well they coordinate the decisions of participants-consumers, suppliers, regulators. A scheme is analyzed along two dimensions: the aspects of participants private information that the scheme reveals; and the efficiency of the allocation the scheme reaches. Information aspects are studied within the framework of economic mechanism theory; allocation efficiency is studied within a stochastic recourse model which takes into account consumer loss due to rationing IS - 2 JF - Power Systems, IEEE Transactions on EP - 890 TI - Pricing of electric power under uncertainty: information and efficiency VL - 10 SP - 884 KW - electricity-prices KW - energy KW - stochastic-programming AU - Ishikida, T AU - Varaiya, PP PY - 1995/// UR - http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=387930 ER -