Uniform-Price definition
Uniform-Price auction means an auction in which the Registered Network User freely bids price as well as quantity and all Registered Network Users, who are successful in gaining capacity, pay the price of the lowest successful bid.
Uniform-Price means weighted average of minimum prices.
Uniform-Price auction means an auction in which the bidder freely bids price as well as quantity and all bidders pay the price of the lowest successful bid.