Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9672833 | Decision Support Systems | 2005 | 12 Pages |
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.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
Authors
Erling Pettersen, Andrew B. Philpott, Stein W. Wallace,