Electricity Demand Response under Real-Time Pricing: A Multi-armed Bandit Game.

Zibo Zhao Andrew L. Liu Yihsu Chen

Published in: APSIPA (2018)

Keyphrases

real time
multi armed bandit
demand forecasting
electricity markets
dynamic pricing
multi armed bandits
revenue management
pricing mechanism
nash equilibrium
spot market
multi class
production cost
profit maximizing
optimal pricing