The Transactions of the Korean Institute of Electrical Engineers A (대한전기학회논문지:전력기술부문A)

The Korean Institute of Electrical Engineers (대한전기학회)
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Mixed Strategy of Nash Equilibrium in Power Transaction With Constraints

전력거래에서 제약조건이 고려된 내쉬 균형점의 복합전략 연구

  • Lee, Gwang-Ho (Dept.of Electric Electronics Computer Engineering, Dankook University)
  • 이광호 (단국대 전기전자컴퓨터공학부)
  • Published : 2002.04.01
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Abstract

An important aspect of the study of power system markets involves the assessment of strategic behavior of participants for maximizing their profits. In models for imperfect competition of a deregulated system, the key tack is to find the Nash equilibrium. When the constraints are not considered in the power market, the equilibrium has the form of a pure strategy. However, the constraints are considered, the equilibrium has the form of a mired strategy. In this paper the bimatrix game approach leer finding a mixed equilibrium is analyzed. The Nash equilibrium of a mixed strategy will be used adequately for the analysis of market power.

Keywords

References

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