1. the elastic offers in especially the pay-as-bid design, but also in the zonal design, means that if a firm gets its offer slightly wrong, then it can have a huge influence on its dispatch. This increases the chances of getting inefficient dispatches when demand or competitors' output is uncertain, while the nodal pricing design seems to be more robust to these uncertainties;Green ; Anderson;particular, as for example,2009
2. Modeling and Computing Two-Settlement Oligopolistic Equilibrium in a Congested Electricity Network;I Adler;Operations Research,2008
3. Mixed strategies in discriminatory divisible-good auctions
4. Markets with a Continuum of Traders;R J Aumann;Econometrica,1964