Combined methods for dynamic spatial auction market models

Combined methods for dynamic spatial auction market models

0.00 Avg rating0 Votes
Article ID: iaor20124820
Volume: 13
Issue: 3
Start Page Number: 401
End Page Number: 416
Publication Date: Sep 2012
Journal: Optimization and Engineering
Authors: , ,
Keywords: economics
Abstract:

An equilibrium model for description of behavior of a system of auction markets joined by transmission lines subject to joint balance and capacity flows constraints for a certain time period is suggested. We treat this model as an extended primal‐dual system of variational inequalities or a saddle point problem. Several splitting type methods are proposed to find its solution.

Reviews

Required fields are marked *. Your email address will not be published.