A Revenue Equivalence Result in a Duopolistic Electricity Market where one of the suppliers has two production units

A Revenue Equivalence Result in a Duopolistic Electricity Market where one of the suppliers has two production units

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In this paper we will model the electricity market auction as a two-person game with incomplete Makeup information under the assumption that bid-ders are asymmetric in units production, Aloe Vera risk neutral and with unknownvalues.We characterize the strictly monotone bayesian Nash equilibrium andwe rank a family of auction models which contains the classic models Uniform, Discriminatory and Vickrey auction models.