Supply Function Equilibrium with Taxed Benefits
| العنوان: | Supply Function Equilibrium with Taxed Benefits |
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| المؤلفون: | Anthony Downward, Andy Philpott, Keith Ruddell |
| المصدر: | Operations Research. 65:1-18 |
| بيانات النشر: | Institute for Operations Research and the Management Sciences (INFORMS), 2017. |
| سنة النشر: | 2017 |
| مصطلحات موضوعية: | TheoryofComputation_MISCELLANEOUS, Supply function equilibrium, 020209 energy, Partial equilibrium, 05 social sciences, TheoryofComputation_GENERAL, ComputingMilieux_LEGALASPECTSOFCOMPUTING, 02 engineering and technology, Management Science and Operations Research, Energy policy, Computer Science Applications, ComputingMilieux_GENERAL, Microeconomics, Incentive, 0502 economics and business, 0202 electrical engineering, electronic engineering, information engineering, Economics, Electricity market, Common value auction, 050205 econometrics |
| الوصف: | Supply function equilibrium models are used to study electricity market auctions with uncertain demand. We study the effects on the supply function equilibrium of a tax, levied by the system operator, on the observed surplus of producers. Such a tax provides an incentive for producers to alter their offers to avoid the tax. We consider these incentives under both strategic and price-taking assumptions. The model is extended to a setting in which producers are taxed on the benefits accruing to them from a transmission line expansion (a beneficiaries-pay transmission charge). In this setting, we show how this tax may lead to lower prices in equilibrium. |
| تدمد: | 1526-5463 0030-364X |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_________::b8c02dcd661929299cf29be0ab217b54Test https://doi.org/10.1287/opre.2016.1555Test |
| رقم الانضمام: | edsair.doi...........b8c02dcd661929299cf29be0ab217b54 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 15265463 0030364X |
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