메뉴 건너뛰기




Volumn 29, Issue 4, 1998, Pages 703-725

Strategic bidding in a multiunit auction: An empirical analysis of bids to supply electricity in England and Wales

(1)  Wolfram, Catherine D a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0032286785     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.2307/2556090     Document Type: Article
Times cited : (225)

References (30)
  • 2
    • 0031521738 scopus 로고    scopus 로고
    • Synergies in wireless telephony: Evidence from the broadband PCS auctions
    • _, _, MCAFEE, R.P., AND MCMILLAN, J. "Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions." Journal of Economics and Management Strategy, Vol. 6 (1997), pp. 497-527.
    • (1997) Journal of Economics and Management Strategy , vol.6 , pp. 497-527
    • Mcafee, R.P.1    Mcmillan, J.2
  • 4
    • 0009251163 scopus 로고
    • Auctions of divisible goods: On the rationale for the treasury experiment
    • BACK, K. AND ZENDER, J.F. "Auctions of Divisible Goods: On the Rationale for the Treasury Experiment." Review of Financial Studies, Vol. 6 (1993), pp. 733-764.
    • (1993) Review of Financial Studies , vol.6 , pp. 733-764
    • Back, K.1    Zender, J.F.2
  • 5
    • 0030544697 scopus 로고    scopus 로고
    • Increasing competition in the british electricity spot market
    • GREEN, R.J. "Increasing Competition in the British Electricity Spot Market." Journal of Industrial Economics, Vol. 44 (1996), pp. 205-216.
    • (1996) Journal of Industrial Economics , vol.44 , pp. 205-216
    • Green, R.J.1
  • 6
    • 0027039062 scopus 로고
    • Competition in the british electricity spot market
    • _ AND NEWBERY, D.M. "Competition in the British Electricity Spot Market." Journal of Political Economy, Vol. 100 (1992). pp. 929-953.
    • (1992) Journal of Political Economy , vol.100 , pp. 929-953
    • Newbery, D.M.1
  • 7
    • 0000280395 scopus 로고
    • Allocation mechanisms and the design of auctions
    • HARRIS, M. AND RAVIV, A. "Allocation Mechanisms and the Design of Auctions." Econometrica, Vol. 49 (1981), pp. 1477-1499.
    • (1981) Econometrica , vol.49 , pp. 1477-1499
    • Harris, M.1    Raviv, A.2
  • 8
    • 85005235298 scopus 로고
    • Market power in oral double auctions
    • HOLT, C.A., LANGAN, L.W., AND VILLAMIL, A.P. "Market Power in Oral Double Auctions." Economic Inquiry, Vol. 24 (1986), pp. 107-123.
    • (1986) Economic Inquiry , vol.24 , pp. 107-123
    • Holt, C.A.1    Langan, L.W.2    Villamil, A.P.3
  • 9
    • 0000763267 scopus 로고    scopus 로고
    • Introducing competition into regulated network industries: From hierarchies to markets in electricity
    • JOSKOW, P.L. "Introducing Competition into Regulated Network Industries: From Hierarchies to Markets in Electricity." Industrial and Corporate Change, Vol. 5 (1996), pp. 341-382.
    • (1996) Industrial and Corporate Change , vol.5 , pp. 341-382
    • Joskow, P.L.1
  • 10
    • 0001519094 scopus 로고
    • Supply function equilibria in oligopoly under uncertainty
    • KLEMPERER, P.D. AND MEYER, M.A. "Supply Function Equilibria in Oligopoly Under Uncertainty." Econometrica, Vol. 57 (1989), pp. 1243-1277.
    • (1989) Econometrica , vol.57 , pp. 1243-1277
    • Klemperer, P.D.1    Meyer, M.A.2
  • 11
    • 0029180568 scopus 로고
    • Econometrics of first-price auctions
    • LAFFONT, J.-J., OSSARD, H., AND VUONG, Q. "Econometrics of First-Price Auctions." Econometrica, Vol. 63 (1995). pp. 953-980.
    • (1995) Econometrica , vol.63 , pp. 953-980
    • Laffont, J.-J.1    Ossard, H.2    Vuong, Q.3
  • 14
    • 0008647168 scopus 로고
    • DAE Working Paper no. 9108, Department of Applied Economics, Cambridge University
    • _ AND GREEN, R.J. "Competition in the British Electricity Spot Market." DAE Working Paper no. 9108, Department of Applied Economics, Cambridge University, 1991.
    • (1991) Competition in the British Electricity Spot Market
    • Green, R.J.1
  • 15
    • 0031519897 scopus 로고    scopus 로고
    • The restructuring and privatisation of the CEGB - Was it worth it?
    • _ AND POLLITT, M.G. "The Restructuring and Privatisation of the CEGB - Was It Worth It?" Journal of Industrial Economics, Vol. 45 (1997), pp. 269-303.
    • (1997) Journal of Industrial Economics , vol.45 , pp. 269-303
    • Pollitt, M.G.1
  • 16
    • 0030243415 scopus 로고    scopus 로고
    • Discriminatory versus uniform treasury auctions: Evidence from when-issued transactions
    • NYBORG, K.G. AND SUNDARESAN, S. "Discriminatory Versus Uniform Treasury Auctions: Evidence from When-Issued Transactions." Journal of Financial Economics, Vol. 42 (1996), pp. 63-104.
    • (1996) Journal of Financial Economics , vol.42 , pp. 63-104
    • Nyborg, K.G.1    Sundaresan, S.2
  • 17
    • 0004281254 scopus 로고
    • Birmingham, England: Office of Electricity Regulation
    • OFFICE OF ELECTRICITY REGULATION (OFFER). Report on Constrained-On Plant. Birmingham, England: Office of Electricity Regulation, 1992.
    • (1992) Report on Constrained-On Plant
  • 18
    • 0008735448 scopus 로고
    • Birmingham, England: Office of Electricity Regulation
    • _. Report on Trading Outside the Pool. Birmingham, England: Office of Electricity Regulation, 1994.
    • (1994) Report on Trading Outside the Pool
  • 20
    • 0001852203 scopus 로고
    • The role of information in U.S. Offshore oil and gas lease auctions
    • PORTER, R.H. "The Role of Information in U.S. Offshore Oil and Gas Lease Auctions." Econometrica, Vol. 63 (1995), pp. 1-27.
    • (1995) Econometrica , vol.63 , pp. 1-27
    • Porter, R.H.1
  • 21
    • 21844507746 scopus 로고
    • The treasury's experiment with single-price auctions in the mid-1970s: Winner's or taxpayer's curse?
    • SIMON, D.P. "The Treasury's Experiment with Single-Price Auctions in the Mid-1970s: Winner's or Taxpayer's Curse?" Review of Economics and Statistics, Vol. 76 (1994), pp. 754-760.
    • (1994) Review of Economics and Statistics , vol.76 , pp. 754-760
    • Simon, D.P.1
  • 22
    • 21144473568 scopus 로고
    • Revenue equivalence and bidding behavior in a multi-unit auction market: An empirical analysis
    • TENORIO, R. "Revenue Equivalence and Bidding Behavior in a Multi-Unit Auction Market: An Empirical Analysis." Review of Economics and Statistics, Vol. 75 (1993), pp. 302-314.
    • (1993) Review of Economics and Statistics , vol.75 , pp. 302-314
    • Tenorio, R.1
  • 23
    • 0031522718 scopus 로고    scopus 로고
    • On strategic quantity bidding in multiple unit auctions
    • _. "On Strategic Quantity Bidding in Multiple Unit Auctions." Journal of Industrial Economics, Vol. 45 (1997), pp. 207-217.
    • (1997) Journal of Industrial Economics , vol.45 , pp. 207-217
  • 24
    • 0001195686 scopus 로고
    • An empirical study of the mexican treasury bill auction
    • UMLAUF, S.R. "An Empirical Study of the Mexican Treasury Bill Auction." Journal of Financial Economics, Vol. 33 (1993), pp. 313-340.
    • (1993) Journal of Financial Economics , vol.33 , pp. 313-340
    • Umlauf, S.R.1
  • 25
    • 0025995892 scopus 로고
    • The british electricity experiment
    • VICKERS, J. AND YARROW, G. "The British Electricity Experiment." Economic Policy, Vol. 12 (1991), pp. 187-232.
    • (1991) Economic Policy , vol.12 , pp. 187-232
    • Vickers, J.1    Yarrow, G.2
  • 26
    • 0027721819 scopus 로고
    • Spot market competition in the UK electricity industry
    • VON DER FEHR, N.-H.M. AND HARBORD, D. "Spot Market Competition in the UK Electricity Industry." Economic Journal, Vol. 103 (1993), pp. 531-546.
    • (1993) Economic Journal , vol.103 , pp. 531-546
    • Von Der Fehr, N.-H.M.1    Harbord, D.2
  • 27
    • 0003356762 scopus 로고
    • Multiple-object auctions
    • R. Engelbrecht-Wiggans, M. Shubik, and R.M. Stark, eds., New York: New York University Press
    • WEBER, R.J. "Multiple-Object Auctions." In R. Engelbrecht-Wiggans, M. Shubik, and R.M. Stark, eds., Auctions, Bidding and Contracting: Uses and Theory. New York: New York University Press, 1983.
    • (1983) Auctions, Bidding and Contracting: Uses and Theory
    • Weber, R.J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.