Minimising the expectation value of the procurement cost in electricity markets based on the prediction error of energy consumption

DOI10.1186/S40736-018-0038-7zbMath1426.91180arXiv1803.04532OpenAlexW2794397919WikidataQ129331389 ScholiaQ129331389MaRDI QIDQ2333279

Naoya Yamaguchi, Yoshinari Ideguchi, Maiya Hori

Publication date: 12 November 2019

Published in: Pacific Journal of Mathematics for Industry (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1803.04532

zbMATH Keywords

simulationprediction errorelectricity marketsminimising the expectation valueprocurement cost

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Related Items (2)

Inequality for the variance of an asymmetric loss ⋮ Minimizing the expected value of the asymmetric loss function and an inequality for the variance of the loss

Cites Work

• Regression

This page was built for publication: Minimising the expectation value of the procurement cost in electricity markets based on the prediction error of energy consumption