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Jahrestagung des Vereins für Socialpolitik 2012 (Göttingen): Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jh. >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/66062
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Boom, Anette | | en_US |
| dc.contributor.author | | Schwenen, Sebastian | | en_US |
| dc.date.accessioned | | 2012-11-07T14:06:25Z | | - |
| dc.date.available | | 2012-11-07T14:06:25Z | | - |
| dc.date.issued | | 2012 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/66062 | | - |
| dc.description.abstract | | We examine welfare effects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed customers and from consumers with real-time meters. Increasing the number of consumers on real-time pricing does not always increase welfare since risk-averse consumers dislike uncertain and high prices arising through market power. In the Bertrand case, welfare is the same with all or no consumers on smart meters. | | en_US |
| dc.language.iso | | ger | | en_US |
| dc.publisher | | ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg | | en_US |
| dc.relation.ispartofseries | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Energy Markets F06-V2 | | en_US |
| dc.subject.jel | | D42 | | en_US |
| dc.subject.jel | | D43 | | en_US |
| dc.subject.jel | | D44 | | en_US |
| dc.subject.jel | | L11 | | en_US |
| dc.subject.jel | | L12 | | en_US |
| dc.subject.jel | | L13 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.title | | Real-time Pricing in Power Markets: Who Gains? | | en_US |
| dc.type | | Conference Paper | | en_US |
| dc.identifier.ppn | | 730539202 | | - |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2012 (Göttingen): Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jh.
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