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Two thirds of the U.S. power systems are operated under market structures. A good market design should maximize social welfare and give market participants proper incentives to follow market solutions. Pricing schemes play very important roles in market design.

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    Date Created
    • 2016
    Resource Type
  • Text
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    Note
    • Partial requirement for: M.S., Arizona State University, 2016
      Note type
      thesis
    • Includes bibliographical references (pages 78-81)
      Note type
      bibliography
    • Field of study: Electrical engineering

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    by Chao Li

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