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Volumn 1, Issue , 2004, Pages 72-76

Multi-agent based experiments on uniform price and pay-as-bid electricity auction markets

Author keywords

Demand side response; Electricity auction markets; Multi agent approach; Pay as bid; Q learning algorithm; Uniform price

Indexed keywords

ELECTRIC POWER DISTRIBUTION; ELECTRIC POWER SYSTEMS; ELECTRIC RATES; INDUSTRIAL ECONOMICS; LEARNING ALGORITHMS; MARKETING; SALES;

EID: 8644287613     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper
Times cited : (53)

References (13)
  • 3
    • 0004476593 scopus 로고    scopus 로고
    • Pricing in the California power exchange electricity market: Should california switch from uniform pricing to pay-as-bid pricing?
    • California Power Exchange, January
    • Alfred E. Kahn, Peter Cramton, Robert H. Porter, and Richard D. Tabors, "Pricing in the California Power Exchange Electricity Market: Should California Switch from Uniform Pricing to Pay-as-Bid Pricing?," Blue Ribbon Panel Report, California Power Exchange, January 2001.
    • (2001) Blue Ribbon Panel Report
    • Kahn, A.E.1    Cramton, P.2    Porter, R.H.3    Tabors, R.D.4
  • 4
    • 0001208816 scopus 로고    scopus 로고
    • Experimental analysis of the efficiency of uniform-price versus discriminatory auctions in the England and wales electricity market
    • March
    • John Bower and Derek Bunn, "Experimental Analysis of the Efficiency of Uniform-Price versus Discriminatory auctions in the England and Wales Electricity Market," Journal of Economic Dynamics and Control, vol. 25, pp. 561-592, March 2001.
    • (2001) Journal of Economic Dynamics and Control , vol.25 , pp. 561-592
    • Bower, J.1    Bunn, D.2
  • 5
    • 8644263248 scopus 로고    scopus 로고
    • Bidding in an electricity pay-as-bid auction
    • Nuffield College, Oxford Unversity and University of Los Angeles, Sept.
    • Giulio Federico and David Rahman, "Bidding in an Electricity Pay-as-Bid Auction," Working Paper, Nuffield College, Oxford Unversity and University of Los Angeles, Sept. 2000.
    • (2000) Working Paper
    • Federico, G.1    Rahman, D.2
  • 6
    • 0037273883 scopus 로고    scopus 로고
    • Discriminatory price auctions in electricity markets: Low volatility at the expense of high price levels
    • March
    • S. Rassenti, V. L. Smith and B. J. Wilson, "Discriminatory Price Auctions in Electricity Markets: Low Volatility at the Expense of high Price Levels," Journal of Regulatory Economics, vol. 23, no. 2, pp. 109-123, March 2003.
    • (2003) Journal of Regulatory Economics , vol.23 , Issue.2 , pp. 109-123
    • Rassenti, S.1    Smith, V.L.2    Wilson, B.J.3
  • 8
    • 0029210635 scopus 로고
    • Learning to act using real-time dynamic programming
    • A. G. Barto, S. J. Bradtke, and S. P.Singh, "Learning to act using real-time dynamic programming," Artificial Intelligence, vol. 72, pp. 81-138, 1995.
    • (1995) Artificial Intelligence , vol.72 , pp. 81-138
    • Barto, A.G.1    Bradtke, S.J.2    Singh, S.P.3
  • 9
    • 8644251424 scopus 로고    scopus 로고
    • A supplier bidding strategy through Q-learning algorithm in electricity auction markets
    • June
    • Gaofeng Xiong, T. Hashiyama, and S. Okuma, "A Supplier Bidding Strategy Through Q-Learning Algorithm in Electricity Auction Markets," IEEJ Trans. Electronics, Information and Systems, vol. 123, No. 6, pp. 1134-1141, June 2003.
    • (2003) IEEJ Trans. Electronics, Information and Systems , vol.123 , Issue.6 , pp. 1134-1141
    • Xiong, G.1    Hashiyama, T.2    Okuma, S.3
  • 11
    • 0033347508 scopus 로고    scopus 로고
    • A dynamic channel assignment policy through Q-learning
    • Nov.
    • Junhong Nie and Simon Haykin, "A dynamic Channel Assignment Policy Through Q-Learning," IEEE Trans. Neural Networks, vol. 10, No. 6, pp. 1443-1455, Nov. 1999.
    • (1999) IEEE Trans. Neural Networks , vol.10 , Issue.6 , pp. 1443-1455
    • Nie, J.1    Haykin, S.2
  • 13
    • 8644283702 scopus 로고    scopus 로고
    • Auctions and trading in energy markets: An economic analysis
    • Department of Applied Economics, University of Cambridge, October
    • David Newbery and Tanga McDaniel, "Auctions and trading in energy markets: an economic analysis," Cambridge Working Papers in Economics 0233, Department of Applied Economics, University of Cambridge, October 2002.
    • (2002) Cambridge Working Papers in Economics , vol.233
    • Newbery, D.1    McDaniel, T.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.