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Lecture
Bidding Strategies in Power Systems
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Bidding Strategies: Game Theory & Market Power
Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.
Imperfect Competition: Cartels and Oligopoly
Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.
Monopsony and Imperfect Competition
Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.
Market Dynamics: Social Welfare and Economic Models
Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.
Market Regulation: External Benefits and Subsidies
Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Electricity Market Liberalization
Explores the transition to market competition in electricity supply, promoting efficiency and lower prices.
Monopoly and Market Power
Delves into monopoly, market power, price discrimination, and labor market dynamics.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.
State Interventions on Markets: Price Fixation and Taxation
Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.
Economic Innovations
Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.