Analysis of relationship between forward and spot markets in oligopolies under demand and cost uncertainties

DOI10.1007/S10287-014-0217-7MaRDI QIDQ2355210zbMATH OpenOpenAlexFDO

Authors Yanyan Li

Publication date 21 July 2015

Published in Computational Management Science (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10287-014-0217-7

zbMATH Keywords

forward contractsoligopolyuncertainty stochastic programmingworst-case analysis

Mathematics Subject Classification ID

Stochastic programming (90C15) Applications of game theory (91A80) Special types of economic markets (including Cournot, Bertrand) (91B54) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Recommendations

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• Structural modeling of oligopoly market under the nonlinear functions of demand and agents' costs

Cites work

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• Cournot competition, forward markets and efficiency
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• Finding Supply Function Equilibria with Asymmetric Firms
• Forward trading and storage in a Cournot duopoly
• Generation Capacity Expansion in Imperfectly Competitive Restructured Electricity Markets
• scientific article; zbMATH DE number 1834580 (Why is no real title available?)
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Cited in

(6)

• Strategic procurement in spot and forward markets considering regulation and capacity constraints
• Analysis of futures and spot electricity markets under risk aversion
• The spot and balancing markets for electricity: open- and closed-loop equilibrium models
• scientific article; zbMATH DE number 6672400 (Why is no real title available?)
• Equilibrium decisions of power supply chain members facing the uncertainty risk of renewable energy production
• Oligopoly models for market price of electricity under demand uncertainty and unit reliability

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