Market power and efficiency in a computational electricity market with discriminatory double-auction pricing.
James NicolaisenValentin PetrovLeigh TesfatsionPublished in: IEEE Trans. Evol. Comput. (2001)
Keyphrases
- electricity markets
- bidding strategies
- double auction
- software agents
- profit maximizing
- electric power
- power generation
- mechanism design
- market participants
- unit commitment
- market clearing
- market prices
- wind power
- agent technology
- business models
- multi agent
- competitive market
- multi agent systems
- incomplete information
- dynamic pricing
- life cycle
- intelligent agents
- linear programming
- machine learning