An incentive profit-sharing mechanism for welfare transfer in balancing market integration
Zhaoyuan Wu, Ming Zhou, Zhi Zhang, Huiru Zhao, Jianxiao Wang, Jiayu Xu, Gengyin Li
Topics & Concepts
IncentiveCoase theoremEconomicsMicroeconomicsProfit (economics)Transaction costMarket mechanismIndustrial organizationMarket powerProfit sharingEnvironmental economicsBusinessMarket economyFinanceMonopolyElectric Power System OptimizationOptimal Power Flow DistributionSmart Grid Energy Management