Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.
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A model-based analysis of the AggregateEU mechanism: Implications of overbidding and non-commitment
Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.