Computational Game Theory Applied in Electricity Market - Games Played with Heterogeneous Beliefs KU Leuven
In the context of liberalized markets, market outcomes generally result from the strategic interactions of all market players. Generation company (Genco), as the distributed players, build their subjective demand evaluations (SDFs) about market for optimal bidding purpose. The picture of a real electricity market game in Genco#s eye is #playing is believing#. Therefore, a question naturally comes to the table: how those SDFs with the ...