03043nam 2200565Ia 450 991096343230332120251116221036.01-61122-343-1(CKB)2560000000067705(EBL)3018843(SSID)ssj0000416257(PQKBManifestationID)11270061(PQKBTitleCode)TC0000416257(PQKBWorkID)10421330(PQKB)10240297(MiAaPQ)EBC3018843(Au-PeEL)EBL3018843(CaPaEBR)ebr10661782(OCoLC)669509338(BIP)26595211(EXLCZ)99256000000006770520090202d2009 uy 0engurcn|||||||||txtccrDynamic noncooperative game models for deregulated electricity markets /Jose B. Cruz, Jr. and Xiaohuan Tan1st ed.Hauppauge N,Y, Nova Science Publisherc20091 online resource (121 p.)Description based upon print version of record.1-60741-078-8 Includes bibliographical references (p. [85]-98) and index.Restructuring in the electricity industry -- Game theory and strategic bidding -- Adaptation for N-person games -- Sensitivity analysis of uncertainties -- Price strategies in mixed-strategy solutions -- Conclusion.The deregulated electricity markets are expected to be perfectly competitive, yet they remain oligopolistic in which the market participants are able to exercise market power to "game" the markets. Game theory, by its nature, is considered as the appropriate framework to study the interactive behaviours of decision makers with conflict of interest. Substantial research has been devoted to study gaming behaviour in the deregulated electricity market using game theory. However, most of the modelling of the markets is static and this type of model leads to non-optimal results for long-term strategic planning due to the inherent dynamic nature of the market. This book formulates and describes the gaming behaviour in the deregulated electricity market from a dynamic point of view, considering long-term interests in a changing environment. It starts with a review of the current situation of deregulation and a brief review of near-term energy issues. The book includes the latest results on bidding dynamic strategies for such markets.Electric utilitiesMathematical modelsNoncooperative games (Mathematics)Electric utilitiesMathematical models.Noncooperative games (Mathematics)333.793/23Cruz Jose B(Jose Behar),1932-339581Tan Xiaohuan1864170MiAaPQMiAaPQMiAaPQBOOK9910963432303321Dynamic noncooperative game models for deregulated electricity markets4470916UNINA