An electricity market game between consumers, retailers and network operators

Wallace, Stein W and Philpott, Andy and Pettersen, Erling (2005) An electricity market game between consumers, retailers and network operators. Decision Support Systems, 40 (3-4). pp. 427-438. ISSN 0167-9236

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Abstract

We consider a simple game-theoretical model in which an electricity retailer and a network owner offer incentives to consumers to shift load from a peak period to an off-peak period. Using a simple example, we compare the market outcomes from collusion with those from the equilibrium of a non-cooperative game and examine the behaviour in this game when it is repeated in a situation in which agents have imperfect information.

Item Type:
Journal Article
Journal or Publication Title:
Decision Support Systems
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1700/1710
Subjects:
ID Code:
45395
Deposited By:
Deposited On:
11 Jul 2011 18:31
Refereed?:
Yes
Published?:
Published
Last Modified:
25 Feb 2020 06:56