{"id":"https://openalex.org/W2884217818","doi":"https://doi.org/10.1109/tnse.2019.2896232","title":"A Structural Characterization of Market Power in Electric Power Networks","display_name":"A Structural Characterization of Market Power in Electric Power Networks","publication_year":2019,"publication_date":"2019-01-31","ids":{"openalex":"https://openalex.org/W2884217818","doi":"https://doi.org/10.1109/tnse.2019.2896232","mag":"2884217818"},"language":"en","primary_location":{"id":"doi:10.1109/tnse.2019.2896232","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tnse.2019.2896232","pdf_url":null,"source":{"id":"https://openalex.org/S2484352698","display_name":"IEEE Transactions on Network Science and Engineering","issn_l":"2327-4697","issn":["2327-4697","2334-329X"],"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 Transactions on Network Science and Engineering","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/A5103072692","display_name":"Weixuan Lin","orcid":"https://orcid.org/0000-0002-8988-8573"},"institutions":[{"id":"https://openalex.org/I205783295","display_name":"Cornell University","ror":"https://ror.org/05bnh6r87","country_code":"US","type":"education","lineage":["https://openalex.org/I205783295"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Weixuan Lin","raw_affiliation_strings":["School of Electrical and Computer Engineering, Cornell University, Ithaca, USA"],"raw_orcid":"https://orcid.org/0000-0002-8988-8573","affiliations":[{"raw_affiliation_string":"School of Electrical and Computer Engineering, Cornell University, Ithaca, USA","institution_ids":["https://openalex.org/I205783295"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071680590","display_name":"Eilyan Bitar","orcid":"https://orcid.org/0000-0002-5659-5969"},"institutions":[{"id":"https://openalex.org/I205783295","display_name":"Cornell University","ror":"https://ror.org/05bnh6r87","country_code":"US","type":"education","lineage":["https://openalex.org/I205783295"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Eilyan Bitar","raw_affiliation_strings":["School of Electrical and Computer Engineering, Cornell University, Ithaca, USA"],"raw_orcid":"https://orcid.org/0000-0002-5659-5969","affiliations":[{"raw_affiliation_string":"School of Electrical and Computer Engineering, Cornell University, Ithaca, USA","institution_ids":["https://openalex.org/I205783295"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I205783295"],"apc_list":null,"apc_paid":null,"fwci":1.2109,"has_fulltext":false,"cited_by_count":22,"citation_normalized_percentile":{"value":0.79045071,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"7","issue":"3","first_page":"987","last_page":"1006"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998000264167786,"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":0.9998000264167786,"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":0.9975000023841858,"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/T10454","display_name":"Optimal Power Flow Distribution","score":0.9937999844551086,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/market-power","display_name":"Market power","score":0.6575397253036499},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.5551300048828125},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4901369512081146},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.47568047046661377},{"id":"https://openalex.org/keywords/market-clearing","display_name":"Market clearing","score":0.4610952138900757},{"id":"https://openalex.org/keywords/bargaining-problem","display_name":"Bargaining problem","score":0.4591580629348755},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.4584678113460541},{"id":"https://openalex.org/keywords/marginal-cost","display_name":"Marginal cost","score":0.4535239636898041},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4442770183086395},{"id":"https://openalex.org/keywords/economic-surplus","display_name":"Economic surplus","score":0.42029911279678345},{"id":"https://openalex.org/keywords/market-price","display_name":"Market price","score":0.4196189343929291},{"id":"https://openalex.org/keywords/upper-and-lower-bounds","display_name":"Upper and lower bounds","score":0.4159855246543884},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.3250885605812073},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3248433470726013},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1820395290851593},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.14363956451416016}],"concepts":[{"id":"https://openalex.org/C2775881736","wikidata":"https://www.wikidata.org/wiki/Q1274157","display_name":"Market power","level":3,"score":0.6575397253036499},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.5551300048828125},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4901369512081146},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.47568047046661377},{"id":"https://openalex.org/C14981831","wikidata":"https://www.wikidata.org/wiki/Q1713661","display_name":"Market clearing","level":2,"score":0.4610952138900757},{"id":"https://openalex.org/C90376892","wikidata":"https://www.wikidata.org/wiki/Q1516247","display_name":"Bargaining problem","level":2,"score":0.4591580629348755},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.4584678113460541},{"id":"https://openalex.org/C66887028","wikidata":"https://www.wikidata.org/wiki/Q382444","display_name":"Marginal cost","level":2,"score":0.4535239636898041},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4442770183086395},{"id":"https://openalex.org/C167393938","wikidata":"https://www.wikidata.org/wiki/Q268617","display_name":"Economic surplus","level":3,"score":0.42029911279678345},{"id":"https://openalex.org/C64112148","wikidata":"https://www.wikidata.org/wiki/Q160151","display_name":"Market price","level":2,"score":0.4196189343929291},{"id":"https://openalex.org/C77553402","wikidata":"https://www.wikidata.org/wiki/Q13222579","display_name":"Upper and lower bounds","level":2,"score":0.4159855246543884},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3250885605812073},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3248433470726013},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1820395290851593},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.14363956451416016},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tnse.2019.2896232","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tnse.2019.2896232","pdf_url":null,"source":{"id":"https://openalex.org/S2484352698","display_name":"IEEE Transactions on Network Science and Engineering","issn_l":"2327-4697","issn":["2327-4697","2334-329X"],"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 Transactions on Network Science and Engineering","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G2600827254","display_name":null,"funder_award_id":"ECCS-1351621","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"},{"id":"https://openalex.org/G6786663224","display_name":null,"funder_award_id":"IIP-1632124","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":73,"referenced_works":["https://openalex.org/W152657468","https://openalex.org/W310190715","https://openalex.org/W1481071444","https://openalex.org/W1488258174","https://openalex.org/W1526250527","https://openalex.org/W1539331983","https://openalex.org/W1567782875","https://openalex.org/W1585526008","https://openalex.org/W1606147178","https://openalex.org/W1966650955","https://openalex.org/W1983519986","https://openalex.org/W1993286459","https://openalex.org/W1993974700","https://openalex.org/W2014919651","https://openalex.org/W2019497730","https://openalex.org/W2021892138","https://openalex.org/W2023591509","https://openalex.org/W2027335246","https://openalex.org/W2027813323","https://openalex.org/W2029396810","https://openalex.org/W2035643881","https://openalex.org/W2044558565","https://openalex.org/W2046682708","https://openalex.org/W2047531301","https://openalex.org/W2055927321","https://openalex.org/W2059636863","https://openalex.org/W2060555140","https://openalex.org/W2065009739","https://openalex.org/W2067478551","https://openalex.org/W2067673416","https://openalex.org/W2070151781","https://openalex.org/W2083442762","https://openalex.org/W2100929550","https://openalex.org/W2115436853","https://openalex.org/W2116223557","https://openalex.org/W2127465232","https://openalex.org/W2128683627","https://openalex.org/W2139407523","https://openalex.org/W2140208620","https://openalex.org/W2141350004","https://openalex.org/W2144509850","https://openalex.org/W2144768657","https://openalex.org/W2151684246","https://openalex.org/W2151873092","https://openalex.org/W2156341689","https://openalex.org/W2156612931","https://openalex.org/W2157811763","https://openalex.org/W2158244088","https://openalex.org/W2159126606","https://openalex.org/W2159560375","https://openalex.org/W2163300930","https://openalex.org/W2166063259","https://openalex.org/W2208392322","https://openalex.org/W2254790089","https://openalex.org/W2292055648","https://openalex.org/W2569565320","https://openalex.org/W2963893554","https://openalex.org/W3022321359","https://openalex.org/W3022363160","https://openalex.org/W3122505440","https://openalex.org/W3122771938","https://openalex.org/W3124817620","https://openalex.org/W3124877848","https://openalex.org/W3124986072","https://openalex.org/W3126130349","https://openalex.org/W4233360132","https://openalex.org/W4235331951","https://openalex.org/W4256152628","https://openalex.org/W6610848565","https://openalex.org/W6629008014","https://openalex.org/W6631508959","https://openalex.org/W6634990671","https://openalex.org/W6636182052"],"related_works":["https://openalex.org/W4311815426","https://openalex.org/W2165298381","https://openalex.org/W1996057811","https://openalex.org/W3047533653","https://openalex.org/W3121909231","https://openalex.org/W2343262228","https://openalex.org/W125893419","https://openalex.org/W2375396620","https://openalex.org/W2051403532","https://openalex.org/W2313507160"],"abstract_inverted_index":{"We":[0,110],"consider":[1],"a":[2,20,30,158,190,196,203,217],"market":[3,26,137,147,150,171,176,199,212,223],"in":[4,9,35,236,240],"which":[5,36,164,202,226],"capacity-constrained":[6],"generators":[7,75],"compete":[8],"scalar-parameterized":[10],"supply":[11,155],"functions":[12],"to":[13,29,47,105,134,163,169,173,178,185,208],"serve":[14],"an":[15,93,113],"inelastic":[16],"demand":[17],"spread":[18],"throughout":[19],"transmission":[21,59,232],"constrained":[22],"power":[23,138,172,192],"network.":[24],"The":[25],"clears":[27],"according":[28],"locational":[31,120],"marginal":[32,121],"pricing":[33],"mechanism,":[34],"the":[37,43,49,67,72,82,88,97,106,117,143,149,153,161,175,186,209,227,230,237,241],"independent":[38],"system":[39],"operator":[40],"(ISO)":[41],"determines":[42],"generators'":[44],"production":[45],"quantities":[46],"minimize":[48],"revealed":[50],"cost":[51,243],"of":[52,84,119,145,157,189,198,211,229,244],"meeting":[53],"demand,":[54],"while":[55],"ensuring":[56],"that":[57,70,165],"network":[58],"and":[60,74,91,152,219],"generator":[61],"capacity":[62,234],"constraints":[63],"are":[64],"met.":[65],"Under":[66],"stylizing":[68],"assumption":[69],"both":[71],"ISO":[73],"choose":[76],"their":[77,127],"strategies":[78],"simultaneously,":[79],"we":[80,194,215],"establish":[81],"existence":[83],"Nash":[85,102,124,247],"equilibria":[86],"for":[87],"underlying":[89],"market,":[90],"derive":[92],"upper":[94,114],"bound":[95,115],"on":[96,116,222],"allocative":[98],"efficiency":[99],"loss":[100],"at":[101,123,246],"equilibrium":[103,125],"relative":[104],"socially":[107],"optimal":[108],"outcome.":[109],"also":[111],"characterize":[112],"markup":[118],"prices":[122],"above":[126],"perfectly":[128],"competitive":[129],"levels.":[130],"Of":[131],"particular":[132],"relevance":[133],"ex":[135],"ante":[136],"monitoring,":[139],"these":[140],"bounds":[141],"reveal":[142],"role":[144],"certain":[146],"structures-specifically,":[148],"share":[151],"residual":[154],"index":[156],"producer-in":[159],"predicting":[160],"degree":[162],"producer":[166],"is":[167],"able":[168],"exercise":[170,210],"influence":[174],"outcome":[177],"its":[179],"advantage.":[180],"Finally,":[181],"restricting":[182],"our":[183],"attention":[184],"simpler":[187],"setting":[188],"two-node":[191],"network,":[193],"provide":[195,216],"characterization":[197],"structures":[200],"under":[201,225],"Braess-like":[204],"paradox":[205],"occurs":[206],"due":[207],"power.":[213],"Speficically,":[214],"necessary":[218],"sufficient":[220],"condition":[221],"structure":[224],"strengthening":[228],"network's":[231],"line":[233],"results":[235],"(counterintuitive)":[238],"increase":[239],"total":[242],"generation":[245],"equilibrium.":[248]},"counts_by_year":[{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1}],"updated_date":"2026-06-26T08:34:08.712188","created_date":"2025-10-10T00:00:00"}
