Lectures related to Bidding Strategies in Power Systems

Bidding Strategies: Game Theory & Market Power

Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.

Imperfect Competition: Cartels and Oligopoly

Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.

Monopsony and Imperfect Competition

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

Market Dynamics: Social Welfare and Economic Models

Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.

Market Regulation: External Benefits and Subsidies

Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.

Electricity Market Liberalization

Explores the transition to market competition in electricity supply, promoting efficiency and lower prices.

Monopoly and Market Power

Delves into monopoly, market power, price discrimination, and labor market dynamics.

Optimal Dispatch of Power Generation Units

Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.

State Interventions on Markets: Price Fixation and Taxation

Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.

Economic Innovations

Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.

Basics of Markets: Demand Meets Supply

Explains how supply and demand determine market prices and quantities, and the importance of the market model in economics.

Production Theory: Costs and Returns

Explores production theory, costs, and returns in relation to a producer's behavior and cost structure.

Market Failures and State Interventions

Covers market failures, state interventions, public goods, externalities, and natural monopolies.

Game Theory: Stackelberg and Backward Induction

Discusses Stackelberg games and backward induction, illustrating game theory concepts through examples and applications in real-world scenarios.

Introduction to Game Theory

Covers game theory fundamentals, Nash equilibrium, and strategic interactions in multi-agent systems.

Game Theory: Decision Making in Interdependent Environments

Explores game theory, decision-making in interdependent environments, equilibrium concepts, and economic applications in management.

Market Equilibria: Demand and Supply

Explores market equilibria, analyzing demand, supply slopes, and equilibrium outcomes at different prices and scenarios.

Convex Games: Applications and Equilibria

Covers convex games, their equilibria, and applications in various fields such as traffic and electricity markets.

Power System Economics Fundamentals

Explores power system economics, Nash equilibrium points, profit maximization, and system security.

Basics of Supply and Demand

Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.