Selling Wind: A model
Ali Kakhbod

Citation
Ali Kakhbod. "Selling Wind: A model". Talk or presentation, 28, May, 2015.

Abstract
We introduce a parsimonious model for selling wind for wind producers operating separate wind farms, where the extent of heterogeneity in terms of wind energy availability varies according to wind farms locations. The main insight of our analysis is that increasing heterogeneity in wind farm locations is socially beneficial. We show that this insight is quite robust for any concave and downward inverse demand function. We further analyze the effect of this heterogeneity on the markup, wind producers surplus, consumers’ surplus, and social impacts of improving public information about weather forecast.

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Citation formats

• HTML

  Ali Kakhbod. <a
  href="http://www.cps-forces.org/pubs/73.html"
  ><i>Selling Wind: A model</i></a>, Talk
  or presentation,  28, May, 2015.

• Plain text

  Ali Kakhbod. "Selling Wind: A model". Talk or
  presentation,  28, May, 2015.

• BibTeX

  @presentation{Kakhbod15_SellingWindModel,
      author = {Ali Kakhbod},
      title = {Selling Wind: A model},
      day = {28},
      month = {May},
      year = {2015},
      abstract = {We introduce a parsimonious model for selling wind
                for wind producers operating separate wind farms,
                where the extent of heterogeneity in terms of wind
                energy availability varies according to wind farms
                locations. The main insight of our analysis is
                that increasing heterogeneity in wind farm
                locations is socially beneficial. We show that
                this insight is quite robust for any concave and
                downward inverse demand function. We further
                analyze the effect of this heterogeneity on the
                markup, wind producers surplus, consumers’
                surplus, and social impacts of improving public
                information about weather forecast.},
      URL = {http://cps-forces.org/pubs/73.html}
  }
  

Posted by Carolyn Winter on 10 Jun 2015.
Groups: forces
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