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In China, under the planning-market double-track mechanism implemented on the generation side of electricity, unreasonable market-oriented power generation proportion may lead to unnecessary vicious competition and market price changes, and it is against
Jinrui Cui +14 more
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Optimal Bidding Strategy for Brand Advertising [PDF]
Brand advertising is a type of advertising that aims at increasing the awareness of companies or products. This type of advertising is well studied in economic, marketing, and psychological literature; however, there are no studies in the area of computational advertising because the effect of such advertising is difficult to observe.
Takanori Maehara +3 more
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An efficient energy trading strategy is proven to have a vital role in reducing participants’ payment in the energy trading process of the power grid, which can greatly improve the operation efficiency of the power grid and the willingness of ...
Feiye Zhang, Qingyu Yang, Donghe Li
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Imagine and Imitate: Cost-Effective Bidding under Partially Observable Price Landscapes
Real-time bidding has become a major means for online advertisement exchange. The goal of a real-time bidding strategy is to maximize the benefits for stakeholders, e.g., click-through rates or conversion rates.
Xiaotong Luo +8 more
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The Machine-Managed Bidding (MMB) system is an innovative bidding mode implemented by the Chinese government to mitigate collusive bidding behavior. Prior studies have focused minimally on the bidding mechanism and the possible collusive bidding behavior
Zongyuan Zhang +3 more
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Optimal bidding strategy with the inclusion of wind power supplier in an emerging power market
In polistic electricity market structure, each power producers can maximise its profit through bidding strategy. Also, with the advent of renewable generation mostly wind has shaped a new prospect in the bidding process.
Satyendra Singh, Manoj Fozdar
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Modeling for wind-thermal combined bidding considering bilateral tail information
The stochastic output of wind power will lead to the penalty of bidding deviation in the spot market and bring bidding risk, restricting the participation of wind power in market competition.
Feixiang Peng, Jun Tao, Huaying Zhang
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As the electricity consumption and controllability of residential consumers are gradually increasing, demand response (DR) potentials of residential consumers are increasing among the demand side resources.
Zhaofang Song +5 more
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Power suppliers in a dynamic power market can achieve full benefit by introducing a bidding strategy mechanism. In the power sector, renewable resources have significant gradual usage and their effect on the production of detailed bidding approaches is ...
Satyendra Singh +5 more
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Jump Bidding Strategies in Internet Auctions [PDF]
Abidding strategy commonly observed in Internet auctions is that of “jump bidding,” or entering a bid larger than what is necessary to be a currently winning bidder. In this paper, we argue that the cost associated with entering online bids and the uncertainty about future entry—both of which distinguish Internet from live auctions—can explain this ...
Robert F. Easley, Rafael Tenorio
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