{"id":"https://openalex.org/W2768884347","doi":"https://doi.org/10.1109/jsyst.2017.2764738","title":"Put Option Pricing and Its Effects on Day-Ahead Electricity Markets","display_name":"Put Option Pricing and Its Effects on Day-Ahead Electricity Markets","publication_year":2017,"publication_date":"2017-11-20","ids":{"openalex":"https://openalex.org/W2768884347","doi":"https://doi.org/10.1109/jsyst.2017.2764738","mag":"2768884347"},"language":"en","primary_location":{"id":"doi:10.1109/jsyst.2017.2764738","is_oa":false,"landing_page_url":"https://doi.org/10.1109/jsyst.2017.2764738","pdf_url":null,"source":{"id":"https://openalex.org/S95999327","display_name":"IEEE Systems Journal","issn_l":"1932-8184","issn":["1932-8184","1937-9234","2373-7816"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Systems Journal","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5025973728","display_name":"Hani Raouf Sheybani","orcid":"https://orcid.org/0000-0003-0649-143X"},"institutions":[{"id":"https://openalex.org/I86958956","display_name":"Ferdowsi University of Mashhad","ror":"https://ror.org/00g6ka752","country_code":"IR","type":"education","lineage":["https://openalex.org/I86958956"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Hani Raouf Sheybani","raw_affiliation_strings":["Department of Electrical Engineering, Ferdowsi University of Mashhad, Mashhad, Iran"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, Ferdowsi University of Mashhad, Mashhad, Iran","institution_ids":["https://openalex.org/I86958956"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002378660","display_name":"Majid Oloomi Buygi","orcid":"https://orcid.org/0000-0002-8576-8291"},"institutions":[{"id":"https://openalex.org/I86958956","display_name":"Ferdowsi University of Mashhad","ror":"https://ror.org/00g6ka752","country_code":"IR","type":"education","lineage":["https://openalex.org/I86958956"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Majid Oloomi Buygi","raw_affiliation_strings":["Department of Electrical Engineering, Ferdowsi University of Mashhad, Mashhad, Iran"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, Ferdowsi University of Mashhad, Mashhad, Iran","institution_ids":["https://openalex.org/I86958956"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I86958956"],"apc_list":null,"apc_paid":null,"fwci":1.0233,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.79022736,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":"12","issue":"3","first_page":"2821","last_page":"2831"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9957000017166138,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11941","display_name":"Power System Reliability and Maintenance","score":0.986299991607666,"subfield":{"id":"https://openalex.org/subfields/2213","display_name":"Safety, Risk, Reliability and Quality"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5818538069725037},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5618004202842712},{"id":"https://openalex.org/keywords/strike-price","display_name":"Strike price","score":0.5379209518432617},{"id":"https://openalex.org/keywords/price-elasticity-of-demand","display_name":"Price elasticity of demand","score":0.48908668756484985},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4846123158931732},{"id":"https://openalex.org/keywords/valuation-of-options","display_name":"Valuation of options","score":0.48273155093193054},{"id":"https://openalex.org/keywords/forward-contract","display_name":"Forward contract","score":0.4611054062843323},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.43324556946754456},{"id":"https://openalex.org/keywords/electricity-price","display_name":"Electricity price","score":0.42660945653915405},{"id":"https://openalex.org/keywords/variable-pricing","display_name":"Variable pricing","score":0.41180023550987244},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.288246750831604},{"id":"https://openalex.org/keywords/futures-contract","display_name":"Futures contract","score":0.13063812255859375},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.11768963932991028}],"concepts":[{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5818538069725037},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5618004202842712},{"id":"https://openalex.org/C2776607717","wikidata":"https://www.wikidata.org/wiki/Q1929310","display_name":"Strike price","level":3,"score":0.5379209518432617},{"id":"https://openalex.org/C51355593","wikidata":"https://www.wikidata.org/wiki/Q3194154","display_name":"Price elasticity of demand","level":2,"score":0.48908668756484985},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4846123158931732},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.48273155093193054},{"id":"https://openalex.org/C38904191","wikidata":"https://www.wikidata.org/wiki/Q744762","display_name":"Forward contract","level":3,"score":0.4611054062843323},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.43324556946754456},{"id":"https://openalex.org/C2983129042","wikidata":"https://www.wikidata.org/wiki/Q870344","display_name":"Electricity price","level":3,"score":0.42660945653915405},{"id":"https://openalex.org/C180925905","wikidata":"https://www.wikidata.org/wiki/Q7915726","display_name":"Variable pricing","level":2,"score":0.41180023550987244},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.288246750831604},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.13063812255859375},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.11768963932991028},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/jsyst.2017.2764738","is_oa":false,"landing_page_url":"https://doi.org/10.1109/jsyst.2017.2764738","pdf_url":null,"source":{"id":"https://openalex.org/S95999327","display_name":"IEEE Systems Journal","issn_l":"1932-8184","issn":["1932-8184","1937-9234","2373-7816"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Systems Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":35,"referenced_works":["https://openalex.org/W1986621205","https://openalex.org/W1986964123","https://openalex.org/W2013159715","https://openalex.org/W2014499058","https://openalex.org/W2036074153","https://openalex.org/W2036683142","https://openalex.org/W2051190022","https://openalex.org/W2055304137","https://openalex.org/W2062871590","https://openalex.org/W2066051484","https://openalex.org/W2078462325","https://openalex.org/W2098495191","https://openalex.org/W2111297333","https://openalex.org/W2117965761","https://openalex.org/W2120376707","https://openalex.org/W2127960050","https://openalex.org/W2130319264","https://openalex.org/W2136862620","https://openalex.org/W2144611252","https://openalex.org/W2152974989","https://openalex.org/W2156341689","https://openalex.org/W2166063259","https://openalex.org/W2166867277","https://openalex.org/W2167931813","https://openalex.org/W2168811909","https://openalex.org/W2330479926","https://openalex.org/W2344060370","https://openalex.org/W2526139678","https://openalex.org/W2543942626","https://openalex.org/W2764191580","https://openalex.org/W3121701901","https://openalex.org/W3122771938","https://openalex.org/W4233360132","https://openalex.org/W4243351757","https://openalex.org/W6701918140"],"related_works":["https://openalex.org/W1990505746","https://openalex.org/W2383591263","https://openalex.org/W3122186786","https://openalex.org/W2781337480","https://openalex.org/W2071873281","https://openalex.org/W4288955513","https://openalex.org/W2798358662","https://openalex.org/W2362795547","https://openalex.org/W2323993357","https://openalex.org/W1600333001"],"abstract_inverted_index":{"In":[0],"this":[1,24,68],"paper,":[2],"the":[3,102,109,112],"impacts":[4],"of":[5,10,53],"strike":[6,56,75],"and":[7,17,36,45,51,60,80,90,115],"premium":[8,58],"prices":[9,76],"put":[11,15,34,43,86,95,113],"option":[12,16,35,44,87,96,114],"contracts":[13],"on":[14],"day-ahead":[18,37,46,61,116],"electricity":[19],"markets":[20,38,117],"are":[21,63,82],"studied.":[22,119],"To":[23],"end,":[25],"first":[26],"a":[27,32,71,91,106],"comprehensive":[28],"equilibrium":[29],"model":[30,104],"for":[31,73,94],"joint":[33],"is":[39,88,98,118],"presented.":[40],"Interaction":[41],"between":[42,111],"markets,":[47],"uncertainty":[48],"in":[49,67],"demand,":[50],"elasticity":[52],"consumers":[54,81],"to":[55,84,105],"price,":[57,59],"price":[62],"taken":[64],"into":[65],"account":[66],"model.":[69],"Then,":[70],"formula":[72],"computing":[74],"at":[77],"which":[78],"producers":[79],"willing":[83],"trade":[85],"presented":[89,103],"new":[92],"method":[93],"pricing":[97],"proposed.":[99],"By":[100],"applying":[101],"test":[107],"system,":[108],"interaction":[110]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2}],"updated_date":"2026-06-26T08:34:08.712188","created_date":"2025-10-10T00:00:00"}