Talking pennies: Optimal Electricity Demand-Response Contracting

Rene Aid

University of Paris Dauphine


We formulate the problem of demand-response contract in electricity markets as a Principal-Agent problem with moral hazard. The Principal is a risk--averse producer subject to energy generation cost and to variation of... [ view full abstract ]


TH-PL-A2 » Rene Aid (10:00 - Thursday, 19th July, Burke Theater - Chairman Jean-Pierre Fouque)