Capacity expansion games with application to competition in power generation investments
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DOI: 10.1016/j.jedc.2017.08.002
Abstract: We consider competitive capacity investment for a duopoly of two distinct producers. The producers are exposed to stochastically fluctuating costs and interact through aggregate supply. Capacity expansion is irreversible and modeled in terms of timing… read more here.
Keywords: capacity; expansion games; power; competition ... See more keywords