語系:
繁體中文
English
說明(常見問題)
回圖書館首頁
手機版館藏查詢
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
The short-run approach to long-run e...
~
Horsley, Anthony.
FindBook
Google Book
Amazon
博客來
The short-run approach to long-run equilibrium in competitive markets = a general theory with application to peak-load pricing with storage /
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
The short-run approach to long-run equilibrium in competitive markets/ by Anthony Horsley, Andrew J. Wrobel.
其他題名:
a general theory with application to peak-load pricing with storage /
作者:
Horsley, Anthony.
其他作者:
Wrobel, Andrew J.
出版者:
Cham :Springer International Publishing : : 2016.,
面頁冊數:
x, 195 p. :ill., digital ;24 cm.
內容註:
Introduction -- Peak-load pricing with cross-price independent demands: a simple illustration -- Characterizations of long-run producer optimum -- Short-run profit approach to long-run market equilibrium -- Short-run approach to electricity pricing in continuous time -- Existence of optimal quantities and shadow prices with no duality gap -- Production techniques with conditionally fixed coefficients -- Conclusions.
Contained By:
Springer eBooks
標題:
Energy Storage. -
電子資源:
http://dx.doi.org/10.1007/978-3-319-33398-4
ISBN:
9783319333984
The short-run approach to long-run equilibrium in competitive markets = a general theory with application to peak-load pricing with storage /
Horsley, Anthony.
The short-run approach to long-run equilibrium in competitive markets
a general theory with application to peak-load pricing with storage /[electronic resource] :by Anthony Horsley, Andrew J. Wrobel. - Cham :Springer International Publishing :2016. - x, 195 p. :ill., digital ;24 cm. - Lecture notes in economics and mathematical systems,6840075-8442 ;. - Lecture notes in economics and mathematical systems ;684..
Introduction -- Peak-load pricing with cross-price independent demands: a simple illustration -- Characterizations of long-run producer optimum -- Short-run profit approach to long-run market equilibrium -- Short-run approach to electricity pricing in continuous time -- Existence of optimal quantities and shadow prices with no duality gap -- Production techniques with conditionally fixed coefficients -- Conclusions.
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This "short-run approach" develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of valuing the fixed assets--in this case, the river flows and the geological sites suitable for reservoirs. Its main mathematical basis is the producer's short-run profit maximization programme and its dual; their solutions have relatively simple forms that can greatly ease the fixed-point problem of solving for the general equilibrium. Since the optimal values (profit and cost functions) are usually nondifferentiable--this is so when there are joint costs of production such as capacity constraints--nonsmooth calculus is employed to resolve long-standing discrepancies between textbook theory and industrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem.
ISBN: 9783319333984
Standard No.: 10.1007/978-3-319-33398-4doiSubjects--Topical Terms:
1532778
Energy Storage.
LC Class. No.: HB145 / .H67 2016
Dewey Class. No.: 339.5
The short-run approach to long-run equilibrium in competitive markets = a general theory with application to peak-load pricing with storage /
LDR
:02677nmm a2200325 a 4500
001
2053644
003
DE-He213
005
20161019102500.0
006
m d
007
cr nn 008maaau
008
170510s2016 gw s 0 eng d
020
$a
9783319333984
$q
(electronic bk.)
020
$a
9783319333977
$q
(paper)
024
7
$a
10.1007/978-3-319-33398-4
$2
doi
035
$a
978-3-319-33398-4
040
$a
GP
$c
GP
041
0
$a
eng
050
4
$a
HB145
$b
.H67 2016
072
7
$a
KCA
$2
bicssc
072
7
$a
BUS069030
$2
bisacsh
082
0 4
$a
339.5
$2
23
090
$a
HB145
$b
.H818 2016
100
1
$a
Horsley, Anthony.
$3
3166613
245
1 4
$a
The short-run approach to long-run equilibrium in competitive markets
$h
[electronic resource] :
$b
a general theory with application to peak-load pricing with storage /
$c
by Anthony Horsley, Andrew J. Wrobel.
260
$a
Cham :
$b
Springer International Publishing :
$b
Imprint: Springer,
$c
2016.
300
$a
x, 195 p. :
$b
ill., digital ;
$c
24 cm.
490
1
$a
Lecture notes in economics and mathematical systems,
$x
0075-8442 ;
$v
684
505
0
$a
Introduction -- Peak-load pricing with cross-price independent demands: a simple illustration -- Characterizations of long-run producer optimum -- Short-run profit approach to long-run market equilibrium -- Short-run approach to electricity pricing in continuous time -- Existence of optimal quantities and shadow prices with no duality gap -- Production techniques with conditionally fixed coefficients -- Conclusions.
520
$a
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This "short-run approach" develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of valuing the fixed assets--in this case, the river flows and the geological sites suitable for reservoirs. Its main mathematical basis is the producer's short-run profit maximization programme and its dual; their solutions have relatively simple forms that can greatly ease the fixed-point problem of solving for the general equilibrium. Since the optimal values (profit and cost functions) are usually nondifferentiable--this is so when there are joint costs of production such as capacity constraints--nonsmooth calculus is employed to resolve long-standing discrepancies between textbook theory and industrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem.
650
2 4
$a
Energy Storage.
$3
1532778
650
2 4
$a
Energy Economics.
$3
895644
650
0
$a
Equilibrium (Economics)
$3
648976
650
0
$a
Pricing.
$3
646182
650
1 4
$a
Economics.
$3
517137
650
2 4
$a
Economic Theory/Quantitative Economics/Mathematical Methods.
$3
2162305
650
2 4
$a
Energy Policy, Economics and Management.
$3
1532761
650
2 4
$a
Microeconomics.
$3
549163
650
2 4
$a
Continuous Optimization.
$3
1566748
700
1
$a
Wrobel, Andrew J.
$3
3166614
710
2
$a
SpringerLink (Online service)
$3
836513
773
0
$t
Springer eBooks
830
0
$a
Lecture notes in economics and mathematical systems ;
$v
684.
$3
3166615
856
4 0
$u
http://dx.doi.org/10.1007/978-3-319-33398-4
950
$a
Economics and Finance (Springer-41170)
筆 0 讀者評論
館藏地:
全部
電子資源
出版年:
卷號:
館藏
1 筆 • 頁數 1 •
1
條碼號
典藏地名稱
館藏流通類別
資料類型
索書號
使用類型
借閱狀態
預約狀態
備註欄
附件
W9286947
電子資源
11.線上閱覽_V
電子書
EB HB145 .H67 2016
一般使用(Normal)
在架
0
1 筆 • 頁數 1 •
1
多媒體
評論
新增評論
分享你的心得
Export
取書館
處理中
...
變更密碼
登入