# Electricity Market Equilibrium under Information Asymmetry

arXiv: https://arxiv.org/abs/1905.09793 · HTML: https://mlsanity.com/paper/1905.09793/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 23 May 2019.

## Built on by (most cited first, 1 of 1)

- [Price-Aware Deep Learning for Electricity Markets](https://mlsanity.com/paper/2308.01436/) (2023)

## Abstract (arXiv)

We study a competitive electricity market equilibrium with two trading stages, day-ahead and real-time. The welfare of each market agent is exposed to uncertainty (here from renewable energy production), while agent information on the probability distribution of this uncertainty is not identical at the day-ahead stage. We show a high sensitivity of the equilibrium solution to the level of information asymmetry and demonstrate economic, operational, and computational value for the system stemming from potential information sharing.