0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Macroeconomics

Buy Now

Complementarity Modeling in Energy Markets (Paperback, 2013 ed.) Loot Price: R5,418
Discovery Miles 54 180
Complementarity Modeling in Energy Markets (Paperback, 2013 ed.): Steven A. Gabriel, Antonio J. Conejo, J. David Fuller,...

Complementarity Modeling in Energy Markets (Paperback, 2013 ed.)

Steven A. Gabriel, Antonio J. Conejo, J. David Fuller, Benjamin F. Hobbs, Carlos Ruiz

Series: International Series in Operations Research & Management Science, 180

 (sign in to rate)
Loot Price R5,418 Discovery Miles 54 180 | Repayment Terms: R508 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

This addition to the ISOR series introduces complementarity models in a straightforward and approachable manner and uses them to carry out an in-depth analysis of energy markets, including formulation issues and solution techniques. In a nutshell, complementarity models generalize: a. optimization problems via their Karush-Kuhn-Tucker conditions b. on-cooperative games in which each player may be solving a separate but related optimization problem with potentially overall system constraints (e.g., market-clearing conditions) c. conomic and engineering problems that aren't specifically derived from optimization problems (e.g., spatial price equilibria) d. roblems in which both primal and dual variables (prices) appear in the original formulation (e.g., The National Energy Modeling System (NEMS) or its precursor, PIES). As such, complementarity models are a very general and flexible modeling format. A natural question is why concentrate on energy markets for this complementarity approach? s it turns out, energy or other markets that have game theoretic aspects are best modeled by complementarity problems. The reason is that the traditional perfect competition approach no longer applies due to deregulation and restructuring of these markets and thus the corresponding optimization problems may no longer hold. Also, in some instances it is important in the original model formulation to involve both primal variables (e.g., production) as well as dual variables (e.g., market prices) for public and private sector energy planning. Traditional optimization problems can not directly handle this mixing of primal and dual variables but complementarity models can and this makes them all that more effective for decision-makers.

General

Imprint: Springer-Verlag New York
Country of origin: United States
Series: International Series in Operations Research & Management Science, 180
Release date: August 2014
First published: 2013
Authors: Steven A. Gabriel • Antonio J. Conejo • J. David Fuller • Benjamin F. Hobbs • Carlos Ruiz
Dimensions: 235 x 155 x 34mm (L x W x T)
Format: Paperback
Pages: 630
Edition: 2013 ed.
ISBN-13: 978-1-4899-8675-7
Categories: Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Business & management > Management & management techniques > Operational research
Promotions
LSN: 1-4899-8675-8
Barcode: 9781489986757

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Macroeconomics - South African Edition
Gregory Mankiw, Mark Taylor, … Hardcover R572 Discovery Miles 5 720
Understanding Macroeconomics
Philip Mohr, Cecilia van Zyl, … Paperback  (6)
R440 Discovery Miles 4 400
Monetary Economics
Ernie van der Merwe, Sandra Mollentze Paperback R714 R655 Discovery Miles 6 550
How To Think And Reason In…
Frederick C. V. N. Fourie, Philippe Burger Paperback  (1)
R843 R727 Discovery Miles 7 270
The Deficit Myth - How To Build A Better…
Stephanie Kelton Paperback R352 Discovery Miles 3 520
Understanding macroeconomics
Paperback R136 Discovery Miles 1 360
Macroeconomics plus Pearson MyLab…
Olivier Blanchard Paperback R2,637 Discovery Miles 26 370
Creature from Jekyll Island
Edward G Griffin Paperback R1,379 Discovery Miles 13 790
Welfare and Work in the Open Economy…
Fritz W. Scharpf, Vivien A. Schmidt Hardcover R6,246 Discovery Miles 62 460
Japan's Fiscal Crisis - The Ministry of…
Maurice Wright Hardcover R3,867 Discovery Miles 38 670
Macroeconomics with MyLab Economics - A…
Olivier Blanchard, Alessia Amighini, … Miscellaneous printed matter R2,254 Discovery Miles 22 540
Money in the Great Recession - Did a…
Tim Congdon Hardcover R3,488 Discovery Miles 34 880

See more

Partners