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Ph.D. Dissertation
Power Markets
OCM Game
PCM Game
Lithuania and Euro
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Curriculum Vitae
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My working papers related to wholesale power markets can be downloaded here:
1. Efficiency in Deregulated Electricity
Markets: Offer Cost Minimization vs. Payment Cost Minimization Auction
2. An Experimental Study of Complex-Offer Auctions: Payment Cost
Minimization vs. Offer Cost Minimization
3. Simple-Offer vs. Complex-Offer Auctions
in Deregulated Electricity Markets
A Microsoft Excel spreadsheet concerning the Electricity Market Games is available here.
There are currently two java applets simulating a simple two-supplier wholesale electricity
market that uses the Offer Cost Minimization (OCM) and the Payment Cost Minimization (PCM)
market clearing algorithms:
OCM Game
PCM Game
This material is based upon work supported in part by the National Science Foundation under Grants No. ECS-0323685 and SES-0648937. Any opinions, findings, and conclusions or recommendations expressed in this material are those of the author and do not necessarily reflect the views of the National Science Foundation.