A Nash Equilibrium Need Not Exist in the Locational Marginal Pricing Mechanism.
Wenyuan TangRahul JainPublished in: CoRR (2013)
Keyphrases
- nash equilibrium
- game theory
- pricing mechanism
- pricing model
- game theoretic
- nash equilibria
- stackelberg game
- worst case
- variational inequalities
- mixed strategy
- fictitious play
- supply chain management
- regret minimization
- pure strategy
- stochastic games
- cooperative
- equilibrium strategies
- decision making
- pure nash equilibrium
- solution concepts
- supply chain
- probability distribution
- web services