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Digital Library of the
European Council for Modelling and Simulation |
Title: |
Simulating
Capacity Auctions With econport |
Authors: |
F. Javier Otamendi, Luis Miguel Doncel, Pilar Grau, Javier Ramos de Castro |
Published in: |
(2012).ECMS
2012 Proceedings edited by: K. G. Troitzsch, M. Moehring, U. Lotzmann. European
Council for Modeling and Simulation. doi:10.7148/2012 ISBN:
978-0-9564944-4-3 26th
European Conference on Modelling and Simulation, Shaping reality through simulation Koblenz,
Germany, May 29 – June 1 2012 |
Citation
format: |
Otamendi, F. J., Doncel,
L. M., Grau, P., & Ramos de Castro, J. (2012).
Simulating Capacity Auctions With econport. ECMS
2012 Proceedings edited by: K. G. Troitzsch, M. Moehring, U. Lotzmann
(pp. 267-272). European Council for Modeling and Simulation. doi:10.7148/2012-0267-0272 |
DOI: |
http://dx.doi.org/10.7148/2012-0267-0272 |
Abstract: |
A simulator environment to study
and understand capacity auction has been developed based on the on- line web
simulator econport. The goods to auction are
unloading rights for ships that transport liquefied natural gas (LNG) into harbours. Experiments have been carried out at a company
that will participate in the future capacity market. The efficiency of the
auctions both for the auctioneer and the bidders is assessed. |
Full
text: |