Equivalencia de Ingresos en un Duopolio Eléctrico
- Alonso, Estrella
- Tejada Cazorla, Juan Antonio
ISSN: 0717-6821
Year of publication: 2010
Issue: 136
Pages: 191-215
Type: Article
More publications in: Cuadernos de economía: Latin American Journal of Economics
Abstract
This article calculates the Bayes-Nash equilibria of a parametric family of auction models which includes, among others, the classic models. In an analysis of two power generation firms with the same production capacity and risk neutrality, the models in this class verify a revenue equivalence result.