Download Citation on ResearchGate | Counterspeculation, Auctions, and Competitive Sealed Tenders | It is important to realize, however, that. By William Vickrey; COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS. William Vickrey, “Counterspeculation, Auctions, And Competitive Sealed Tenders,” Journal of Finance, American Finance Association, vol. 16(1), pages.

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More about this item Statistics Access and download statistics Corrections All material on this coknterspeculation has been provided by the respective publishers and authors. General contact details of provider: The Impact of Energy Storage on Micro-grid: If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item.

You can help correct errors and omissions. It also allows you to accept potential citations to this item that we are uncertain about. This bi-level problem is solved tedners converting it into a Mathematical Program with Equilibrium Constraints MPEC and linearizing the latter through suitable techniques. It is difficult to balance the power between demand and generation in electrical networks with the rise countersspeculation distributed energy resources DERsespecially for the uncertainty of renewable generation.


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Smart grid concepts have been developed to solve this problem. Corrections All material on this site has been provided by the respective publishers and authors. Please note that corrections may take a couple of weeks to filter through the various RePEc services.


Help us Corrections Found an error or omission? Vickrey, Counter speculation, auctions, and competitive sealed tenders, J. However, impacts of energy storage on micro-grid has not been explored yet. More about this item Statistics Access and download statistics.


A set of distributed generation, demand flexibility and energy storage devices are locally managed to minimize the local total generation cost. See general information about how to correct material in RePEc.

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Counterspeculation, Auctions, And Competitive Sealed Tenders

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: In this paper, a local smart market based on a multi-agent system is presented to provide for the quantitative evidence of the beneficial impact of flexibility enabled by demand dompetitive and energy storage in limiting market power by distributed generation DG units.

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