Energy Allocation with Risk Management in Electricity Markets
Min Liu
(2025)
Energy Allocation with Risk Management in Electricity Markets: pp.
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2. Risk and Utility Theory
The following sections are included:
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2.1 Introduction
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2.2 Risk and Decision Rules
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2.3 The Modern Theory of Utility
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2.4 Stochastic Dominance Rules
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2.5 The Mean-Variance Criterion (MVC)
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2.6 Summary