A multiagent model of the UK market in electricity generation

IEEE Transactions on Evolutionary Computation

Volumn 9, Issue 5, 2005, Pages 522-536

  Bagnall, Anthony J ^a   Smith, George D ^a  

^a UNIVERSITY OF EAST ANGLIA   (United Kingdom)

Author keywords

Adaptive agents; Electricity market; Learning classifier systems (LCSs)

Indexed keywords

AUTONOMOUS AGENTS; COMPUTER SIMULATION; DEREGULATION; ELECTRIC INDUSTRY; EVOLUTIONARY ALGORITHMS; LEARNING SYSTEMS; MARKETING; MATHEMATICAL MODELS;

ADAPTIVE AGENTS; ELECTRICITY MARKET; LEARNING CLASSIFIER SYSTEMS (LCSS);

MULTI AGENT SYSTEMS;

EID: 27344461024     PISSN: 1089778X     EISSN: None     Source Type: Journal    
DOI: 10.1109/TEVC.2005.850264     Document Type: Article

References (29)

1. P. Anthony and N. R. Jennings, "Developing a bidding agent for multiple heterogeneous auctions," ACM Trans. Internet Technol., vol. 3, no. 3, pp. 185-217, 2003.
2. R. Axelrod, "The evolution of strategies in the iterated prisoner's dilemma," in Genetic Algorithms and Simulated Annealing, L. D. Davis, Ed. San Mateo, CA: Morgan Kaufman, 1987, ch. 3, pp. 32-41.
3. R. Axelrod, The Complexity of Cooperation: Agent-Based Models of Competition and Collaboration. Princeton, NJ: Princeton Univ. Press, 1997.
4. A. J. Bagnall, "A multiadaptive agent model of generator bidding in the UK market in electricity," in Proc. Genetic Evol. Comput. Conf., D. Whitley, D. Goldberg, E. Cantú-Paz, L. Spector, I. Parmee, and H.-G. Beyer, Eds., 2000, pp. 605-612.
5. A. J. Bagnall and G. D. Smith, "An adaptive agent model for generator company bidding in the UK power pool," in Lecture Notes in Computer Science 1829, Artificial Evolution. Berlin, Germany: Springer-Verlag, 1999, pp. 191-203.
6. A. J. Bagnall and G. D. Smith, "Using an adaptive agent to bid in a simplified model of the UK market in electricity," in Proc. Genetic Evol. Comput. Conf., W. Banzhaf, J. Daida, A. E. Eiben, M. H. Garzon, V. Honavar, M. Jakiela, and R. E. Smith, Eds., 1999, p. 774.
7. A. J. Bagnall and G. D. Smith, "Game playing with autonomous adaptive agents in a simplified economic model of the UK market in electricity generation," in Proc. IEEE-PES/CSEE Int. Conf. Power Syst. Technol., 2000, pp. 891-896.
8. T. Bäck, U. Hammel, and H.-P. Schwefel, "Evolutionary computation: Comments on the history and current state," IEEE Trans. Evol. Comput., vol. 1, no. 1, pp. 3-17, Apr. 1997.
9. S. Borenstein, J. Bushnell, and S. Stoft, "The competitive effects of transmission capacity in a deregulated electricity industry," Rand J. Econ., vol. 31, no. 2, pp. 294-325, 2000.
10. J. Bower and D. W. Bunn, "Experimental analysis of the efficiency of uniform-price versus discriminatory auctions in the England and Wales electricity market," J. Econ. Dynamics Control., vol. 25, no. 3, pp. 561-592, 2001.
11. D. W. Bunn and F. S. Oliveira, "Agent-based simulation - An application to the new electricity trading arrangements of England and Wales," IEEE Trans. Evol. Comput., vol. 5, no. 5, pp. 492-503, 2001.
12. M. Butz, T. Kovacs, P. L. Lanzi, and S. W. Wilson, "Toward a theory of generalization and learning in XCS," IEEE Trans. Evol. Comput., vol. 8, no. 1, pp. 28-46, Feb. 2004.
13. Summary of National Electricity Restructuring Legislation in the 104th and 105th Congresses, Northwest Power Planning Council. (1997). [Online]. Available: http://www.nwppc.org/natleg.htm
14. P. J. Darwen and X. Yao, "Co-evolution in iterated prisoner's dilemma with intermediate levels of cooperation: Application to missile defense," Int. J. Comput. Intell. Applicat., vol. 2, no. 1, pp. 83-107, 2002.
15. M. Dorigo and U. Schnepf, "Genetics-based machine learning and behavior based robotics: A new synthesis," IEEE Trans. Systems, Man, Cybern., vol. 23, no. 1, pp. 141-154, Jan.-Feb. 1993.
16. London Economics. (1999) Role playing simulations of the new electricity trading arrangements. a report to the RETA program. [Online]. Available: http://www.ofgas.gov.uk/elarch/index.htm
17. M. He, N. R. Jennings, and H.-F. Leung, "On agent-mediated electronic commerce," IEEE Trans. Knowl. Data Eng., vol. 15, no. 4, pp. 985-1003, 2003.
18. J. Hurst and L. Bull, "A neural learning classifier system with self-adaptive constructivism for mobile robot control," Artificial Life - In Press, 2005.
19. J. Nicolaisen, V. Petrov, and L. Tesfatsion, "Market power and efficiency in a computational electricity market with discriminatory double-auction pricing," IEEE Trans. Evol. Comput., vol. 5, no. 5, pp. 504-523, Oct. 2001.
20. M. A. Nowak and K. Sigmund, "Evolution of indirect reciprocity by image scoring," Nature, vol. 393, pp. 573-577, 1998.
21. R. G. Palmer, W. Brian Arthur, J. H. Holland, B. LeBaron, and P. Tayler, "Artificial economic life: A simple model of a stockmarket," Physica D, vol. 75, pp. 264-274, 1994.
22. New electricity trading arrangements, Office of Electricity Regulation. [Online]. Available: http://www.ofgem.gov.uk/metering/industframe.htm
23. S. Schulenberg and P. Ross, "An adaptive agent based economic model," in Learning Classifier Systems: An Introduction to Contemporary Research, P. L. Lanzi, W. Stolzmann, and S. W. Wilson, Eds. Berlin, Germany: Springer-Verlag, 2000, vol. 1813, LNAI, pp. 263-282.
24. Y. S. Son and R. Baldick, "Hybrid coevolutionary programming for Nash equilibrium search in games with local optima," IEEE Trans. Evol. Comput., vol. 8, no. 4, pp. 305-315, Aug. 2004.
25. S. W. Wilson, "Classifier fitness based on accuracy," Evol. Comput., vol. 3, no. 2, pp. 149-175, 1995.
26. M. Wooldridge and N. R. Jennings, "Intelligent agents: Theory and practice," Knowl. Eng. Rev., vol. 10, no. 2, pp. 115-152, 1995.
27. X. Yao and P. J. Darwen, "An experimental study of N-person iterated prisoner's dilemma games," Informatica, vol. 18, no. 4, pp. 435-450, 1994.
28. X. Yao and P. J. Darwen, "How important is your reputation in a multiagent environment?," in Proc. IEEE Conf. Syst., Man, Cybern., vol. 2, Oct. 1999, pp. 575-580.
29. F. Zhuang and F. D. Galiana, "Toward a more rigorous and practical unit commitment by Lagrangian relaxation," IEEE Trans. Power Syst., vol. 3, no. 2, pp. 763-773, 1988.