PSERC
12
Experiments Conducted
1.Single-Sided Market
2.Two-Sided Markets
• 3 Active
Demand Treatments
• Predetermined
Cost-Based, Hockey-Stick Shaped Offers
with Random Outages
• Two Repeats
with 21 Professional Students, Total
• May Reflect
Active Demand Side in Market
with Supplier Regulations (Full Demand-Side with
current
NYISO markets)
• 3 Active
Demand Treatments
• Active
Suppliers without Regulations
• Two Repeats,
Each with 7 Suppliers
(6 Experienced Grad. Students + 1 Agent)
and 19 Buyers (Undergrad. & Grad. Students + Agents)