• 제목/요약/키워드: Uniform Pricing

검색결과 29건 처리시간 0.021초

탄소배출권 경매할당의 방법론에 대한 효율성 비교: 단일가격 결정방식 vs. 복수가격 결정방식 (Comparison of Efficiency between Two Auction Designs for CO2 Emission Allowances : Uniform Pricing vs. Multiple Pricing)

  • 김효선;유상희
    • 자원ㆍ환경경제연구
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    • 제19권1호
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    • pp.23-43
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    • 2010
  • 본 연구는 탄소배출권거래시 할당과 관련한 방법론 중 경매할당에 관한 연구로, 실험경제 방식을 이용하여, 가격결정방식간의 효율성을 비교하였다. 가격결정방식 중 단일가격 결정방식과 복수가격 결정방식에 대한 효율성을 비교하기에 앞서 무상할당, 일률배분 할당, 경매할당에 대한 배출권 가격분포를 분석함으로써, 경매할당이 불완전경쟁 체제하에서 시장수렴면에서 우월함을 입증하였다. Buckley et al.(2004) 연구에서 적용한 실험방식을 활용하여 거래상황을 설계하였으며, 실험결과, 단일가격 결정방식이 효율성 면에서 우월한 것으로 나타났다. 특히, 단일가격 결정방식은 시장참여자들이 승자의 저주(winner's curse)를 회피할 수 있기 때문에 시장참여자들이 보다 과감하게 입찰에 응함으로써, 배출권거래 운영자에게 한계저감비용에 대한 정보를 쉽게 노출시킨다는 점에서 거래운영을 용이하게 하는 이점이 있는 것으로 나타났다. 그러나, 경매수익 면에서는 단일가격 결정방식이 복수가격 결정방식보다 우월하다는 결론을 내리기에는 통계적 유의성이 확보되지 않았다.

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게임이론을 이용한 전력시장 발전입찰에서의 거래가격 결정에 관한 연구 (A Study on Transaction Pricing of Generation Bidding in Electricity Market by Using Game Theory)

  • 이광호
    • 대한전기학회논문지:전력기술부문A
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    • 제52권6호
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    • pp.333-339
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    • 2003
  • Competition among electric generation companies is a major goal of restructuring in the electricity industry. In electricity market, a huge volume of commodities will be traded through competitive bidding. The choice between uniform and pay-as-bid pricing for electricity auction has been one of most important issues in deregulated electricity market. This paper proposes a constrained Bertrand model for analyzing the electricity auction market of price competition model. The issue of the two pricing rules of uniform and pay-as-bid is studied from the viewpoint of consumer's benefit. This paper also shows that transmission congestion depends on the pricing mechanism. Pay-as-bid pricing gives less possibility of transmission congestion by price competition, and less burden to consumers in the simulation results.

Uniform Pricing하에서의 지역적 완화방안으로서의 Bid Cap (An Assessment of Local Market Power and Bid Cap Under Uniform Pricing Scheme)

  • 신영균;김발호;전영환
    • 대한전기학회논문지:전력기술부문A
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    • 제52권10호
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    • pp.610-615
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    • 2003
  • With the growing competitive pressure from market participants, utilities, consumer and government, analyses of existing competitive electricity market become more important. The presence of congestion in the transmission system can significantly increase the potential of exercising market power. Since the congestion in the network depends on the several factors, the market power cannot be simply analyzed through the existing indices. This paper presents a systematic analysis on local market power under uniform pricing scheme and provides determining approach of the level of price cap as mitigation measure of the strategic market power.

건강검진 일반수가 비선형가격체계간 이익비교에 관한 연구 (The Difference in the Performance among Non-linear Pricing Schedules in Medical Examination)

  • 곽영식;백수경;윤경재
    • 보건행정학회지
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    • 제18권3호
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    • pp.128-146
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    • 2008
  • Nonlinear pricing abounds in practice because it is a potentially powerful pricing method to explore consumer surplus. The various forms of nonlinear pricing are feasible within a given industry. In this context, it is important for manufacturers and retailers to understand which nonlinear pricing scheme is appropriate to apply in their specific situation and which nonlinear pricing schedule is the most profitable in their market situation. Although the merits of nonlinear pricing are well documented, the attempt to apply nonlinear pricing in medical service has been relatively rare. The researcher aims to try to full this gap by applying a practice-oriented simulation model to health examination data. We compare the sales volumes among nonlinear pricing scheme such as n-block tariff, two-part tariff, and uniform pricing. We found that n-block tariff outperforms two-part tariff and uniform pricing.

Welfare Impacts of Behavior-Based Price Discrimination with Asymmetric Firms

  • Chung, Hoe-Sang
    • 아태비즈니스연구
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    • 제11권1호
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    • pp.17-26
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    • 2020
  • Purpose - This paper studies the welfare impacts of behavior-based price discrimination (BBPD) when firms are asymmetric in quality improvement costs. Design/methodology/approach - To this end, we consider a differentiated duopoly model with an inherited market share, where firms first make quality decisions and then compete in prices according to the pricing scheme, namely, uniform pricing or BBPD. Findings - We show that BBPD increases social welfare relative to uniform pricing if the firms' cost gap is large enough. This is because BBPD induces more consumers to buy a high-quality product than under uniform pricing, and because a low-cost firm's profit loss from BBPD decreases as the cost difference increases. Research implications or Originality - Our analysis offers policy implications for markets where BBPD raises antitrust concerns, and quality competition prevails.

의료서비스의 성과 제고를 위한 가격전략 -­건강검진료 다단계가격책정을 위한 시장세분화를 중심으로­- (The Pricing Strategy for the Performance of Medical Service -­ Based on the Segmentation for the N­block tariff Pricing of Medical Examination­ -)

  • 백수경;곽영식
    • 보건행정학회지
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    • 제13권4호
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    • pp.84-98
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    • 2003
  • This research objective is to determine the optimal price break points for n­block tariff, because comparing non­linear pricing with uniform pricing on the basis of profit, n­block tariff outperforms two­part tariff, all unit discount price schedule, and uniform pricing. Although the merits of non­linear pricing are well documented, the attempt to practice the non-linear pricing in medical service sector has been relatively rare. The determination of the parameters under n­block tariff is the interesting decision making agenda for marketers. Under n­block tariff, the marketers should decide the optimal price break points and the optimal marginal price for each price zone. The results can be summarized as follows: The researchers found that mixture model can be the feasible methodology for determining the optimal number of n­block tariff and identifying the optimal segmentation criteria. We demonstrate the feasibility and the superiority of the mixture model by applying it to the database of medical examination. The results appear that the number of patients per month can be the optimal segmentation variable. And 6­block tariff is the optimal price break for this medical service.

Uniform Pricing하에서의 전략적 행동을 통한 지역적 시장지배력 행사 및 평가 (An Assessment of Local Market Power with Strategic Behaviour under Uniform Pricing)

  • 신영균;김발호;전영환
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2002년도 추계학술대회 논문집 전력기술부문
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    • pp.101-104
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    • 2002
  • With the growing competitive pressure from market participants, utilities, consumer and government, analyses of existing competitive electricity market become more important. The presence of congestion in the transmission system can significantly increase the potential of exercising market power. Since the congestion in the network depends on the several factors. the market power cannot be simply analyzed through the existing indices. This paper presents a systematic analysis on local market power under uniform pricing scheme and provides some mitigation of the strategic market power.

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단일요율시장에서의 지역적 시장지배력 평가 (Local Market Power Assessment in Uniform Pricing Market)

  • 신영균;김발호;전영환
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2003년도 하계학술대회 논문집 A
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    • pp.590-592
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    • 2003
  • The presence of congestion in transmission system can reduce the market size and split bulk system into smaller system. Consequently, this creates the problem concerining Local Market Power and can be main reason for the inclose of practical market price. In this paper, a range of indices have been derived to quantify the degree of local market power through statistical analysis in the uniform pricing market. Application of the indices has been illustrated using the electricity market in Korea. The indices proposed in this paper seem to be effectively applied in electricity market under uniform pricing scheme.

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An Analytical Investigation for Nash Equilibriums of Generation Markets

  • Kim Jin-Ho;Won Jong-Ryul;Park Jong-Bae
    • KIEE International Transactions on Power Engineering
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    • 제5A권1호
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    • pp.85-92
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    • 2005
  • In this paper, Nash equilibriums of generation markets are investigated using a game theory application for simplified competitive electricity markets. We analyze the characteristics of equilibrium states in N-company spot markets modeled by uniform pricing auctions and propose a new method for obtaining Nash equilibriums of the auction. We assume that spot markets are operated as uniform pricing auctions and that each generation company submits its bids into the auction in the form of a seal-bid. Depending on the bids of generation companies, market demands are allocated to each company accordingly. The uniform pricing auction in this analysis can be formulated as a non-cooperative and static game in which generation companies correspond to players of the game. The coefficient of the bidding function of company-n is the strategy of player-n (company-n) and the payoff of player-n is defined as its profit from the uniform price auction. The solution of this game can be obtained using the concept of the non-cooperative equilibrium originating from the Nash idea. Based on the so called residual demand curve, we can derive the best response function of each generation company in the uniform pricing auction with N companies, analytically. Finally, we present an efficient means to obtain all the possible equilibrium set pairs and to examine their feasibilities as Nash equilibriums. A simple numerical example with three generation companies is demonstrated to illustrate the basic idea of the proposed methodology. From this, we can see the applicability of the proposed method to the real-world problem, even though further future analysis is required.

Uniform Pricing 체계 하에서의 시장지배력과 제약비발전 보상체계 (A Study on Market Power and Compensation for Constrained Off generators under Uniform Pricing Scheme)

  • 신영균;김발호;전영환
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2003년도 하계학술대회 논문집 A
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    • pp.649-651
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    • 2003
  • In the framework of competitive electricity market, the Market Power due to the transmission congestion, lack of demand-side response, various uncertain factors etc. have been significant problem. This paper reviews the market rules of Korea power system and the uplift scheme for constrained on/off generators. Then, this paper points out several problems and the mitigation measures of local market power concerning the compensation for constrained-off generators.

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