A comparison of Nash equilibria analysis and agent-based modelling for power markets

Author:

Krause T.,Beck E.V.,Cherkaoui R.,Germond A.,Andersson G.,Ernst D.

Publisher

Elsevier BV

Subject

Electrical and Electronic Engineering,Energy Engineering and Power Technology

Reference13 articles.

1. Strategic gaming analysis for electric power systems: an MPEC approach;Hobbs;IEEE Trans Power Syst,2000

2. Agent-based simulation – an application to the new electricity trading arrangements of England and Wales;Bunn;IEEE Trans Evolut Comput,2001

3. Krause T, et al. Nash equilibria and reinforcement learning for active decision maker modelling in power markets. In: 6th IAEE Conference – Modelling in Energy Economics, Zürich, 2004.

4. Game theory;Fudenberg,1991

5. Theory of games and economic behavior;von Neumann,1947

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