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Some Microeconomic Principles

Steven A. Gabriel, Antonio J. Conejo, J. David Fuller, Benjamin F. Hobbs and Carlos Ruiz
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Steven A. Gabriel: University of Maryland
Antonio J. Conejo: University of Castilla – La Mancha
J. David Fuller: University of Waterloo
Benjamin F. Hobbs: The Johns Hopkins University
Carlos Ruiz: European Foundation for New Energy – EDF École Centrale Paris and Supélec

Chapter Chapter 3 in Complementarity Modeling in Energy Markets, 2013, pp 71-125 from Springer

Abstract: Abstract In this chapter, we explain some useful principles of microeconomics for those readers with little or no background in the subject. Readers who have studied microeconomics may also benefit from this chapter, as we show how to construct several different kinds of models of markets, using optimization and complementarity techniques.

Keywords: Demand Curve; Supply Function; Supply Curve; Inverse Demand Function; Mathematical Program With Equilibrium Constraint (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-6123-5_3

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DOI: 10.1007/978-1-4419-6123-5_3

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