LIBROS DEL AUTOR: andrew jwrobel

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  • The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
    Andrew J. Wrobel / Andrew JWrobel / Anthony Horsley
    The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This 'short-run approach' develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and pra...
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