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Daniele Di Castro,Giuseppe Balestrinorefund means that a consumer’s showing up is uncertain and he can get back partial of his payment if his cancellation or no-show occurs. This mechanism can boost seller revenue, satisfy incentive compatibility, individual rationality and still hold a high efficiency.

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A Comparative Analysis of Single-Unit Vickrey Auctions and Commodity Markets for Realizing Grid Ecoons with regards to price stability, fairness, and communicative and computational requirements. Our analysis based on simulated market scenarios shows that both market organizations lead to similar outcomes but that a commodity market organization leads to more stable market behavior at the cost of higher communicative requirements.

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C. Pasquier,R. Y. Olivier,Lester Packersiness models have to be understood. This paper makes a first move in this direction. It analyses existing business models. Based on the result of the analysis, it formally defines a taxonomy of existing and future roles that a stakeholder can take on within the value chains of the Grid and gives ex

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