market clearing

But there is a second justification for the market clearing approach.

The $9 figure, more importantly, sets a market clearing price.

The price mechanism leads to market clearing in the short run.

A single market clearing price is determined in real time for all generators.

What is the significance of setting the market clearing price at zero?

In some specialist financial markets clearing had already been separate from trading.

These generators, if dispatched, will be paid the market clearing price.

Then consider the expected market clearing level of the wage:

The units are awarded to the winning buyers at the market clearing price.

There is a major difference in market clearing for the two supply-managed chains.

Their market clearing price does not include all the spot market energy that they purchase.

Most economists see the assumption of continuous market clearing as not very realistic.

Such a price is called a market clearing price.

For example, in the sugar industry, about 94% to 95% of the market clearing price is determined by long term supply and purchase contracts.

Efficiency wage theories explain why firms might pay their employees more than the market clearing rate.

But along with the security zone came the largest black market clearing house for cigarettes in the Middle East.

The market clearing price would be capped at $150, but parties can submit higher bids.

It made no difference whether prices were voluntarily or involuntarily posted below the market clearing price.

Instead, power had to be purchased at the much higher "market clearing price" on the short-term spot market.

Electricity is priced at market clearing levels and the price is not capped.

The dual variables provide the market clearing prices.

By contrast, a smart market allows market clearing with arbitrary constraints.

Bids above $150 per megawatt hour could not set the market clearing prices paid to all bidders.

This means that, in an economy with n markets, it is sufficient to solve n-1 simultaneous equations for market clearing.

“This uncertainty presented the market clearing price for the credit default swaps,” he said.