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Dolanyi, Mihaly (author), Bruninx, K. (author), Toubeau, Jean Francois (author), Delarue, Erik (author)In competitive electricity markets, the optimal bid or offer problem of a strategic agent is commonly formulated as a bi-level program and solved as a mathematical program with equilibrium constraints (MPEC). If the lower-level (LL) part of the problem can be well approximated as a convex problem, this approach leads to a global optimum. However...journal article 2024