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Modelling Prices in Competitiv
- Editore:
John Wiley & Sons
- Collana:
- The Wiley Finance Series
- EAN:
9780470848609
- ISBN:
047084860X
- Pagine:
- 360
- Formato:
- Hardback
- Lingua:
- Inglese
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Descrizione Modelling Prices in Competitiv
Electricity markets are structurally different to other commodities, and the real-time dynamic balancing of the electricity network involves many external factors. Because of this, it is not a simple matter to transfer conventional models of financial time series analysis to wholesale electricity prices. The rationale for this compilation of chapters from international authors is, therefore, to provide econometric analysis of wholesale power markets around the world, to give greater understanding of their particular characteristics, and to assess the applicability of various methods of price modelling.
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