Cuadernos de economía
On-line version ISSN 0717-6821
This article calculates the Bayes-Nash equilibria of a parametric family of auction models, which includes, among others, the classic models. In an analysis of two power generation firms with the same production capacity and risk neutrality, the models in this class verify a revenue equivalence result.
Keywords : Subastas; Equilibio Bayesiano de Nash; Mercado Eléctrico.