Complex dynamics of Cournot game with bounded rationality in an oligopolistic electricity market

DOI10.1007/S11081-010-9122-2MaRDI QIDQ2443398zbMATH OpenOpenAlexFDO

Authors Yanyan Li

Publication date 7 April 2014

Published in Optimization and Engineering (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11081-010-9122-2

zbMATH Keywords

chaosdynamic modelelectricity marketNash equilibrium

Mathematics Subject Classification ID

Dynamic games (91A25) Other game-theoretic models (91A40) Auctions, bargaining, bidding and selling, and other market models (91B26) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

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• The analysis with game theory model on quantity of electricity produced by the two-oligopoly generation companies

Cites work

• Control of the triple chaotic attractor in a Cournot triopoly model
• Finite-Dimensional Variational Inequalities and Complementarity Problems
• scientific article; zbMATH DE number 1507329 (Why is no real title available?)
• scientific article; zbMATH DE number 1792281 (Why is no real title available?)
• The dynamics of a tripoly Cournot game
• The dynamics of Bowley's model with bounded rationality

Cited in

(18)

• Research on dynamic equilibrium of power market with complex network constraints based on nonlinear complementarity function
• Pretending in dynamic games, alternative outcomes and application to electricity markets
• Dynamic game analysis of coal electricity market involving multi-interests
• Complexity of a duopoly game in the electricity market with delayed bounded rationality
• Complexity analysis of a triopoly cooperation-competition game model in convergence product market
• Application of duopoly multi-periodical game with bounded rationality in power supply market based on information asymmetry
• The entry and exit game in the electricity markets: a mean-field game approach
• Electric power network oligopoly as a dynamic Stackelberg game
• Cyclic behavior in dynamic investment decisions for deregulated energy markets
• Application of possibility theory to robust Cournot equilibrium in the electricity market
• scientific article; zbMATH DE number 5372172 (Why is no real title available?)
• Spatial Oligopolistic Electricity Models with Cournot Generators and Regulated Transmission Prices
• The analysis with game theory model on quantity of electricity produced by the two-oligopoly generation companies
• scientific article; zbMATH DE number 2150740 (Why is no real title available?)
• Study of game model based on different decision rules in electric power triopoly market
• Complexity of repeated game model in electric power triopoly
• Decision making in dynamic stochastic Cournot games
• Dynamic modeling of the power market and analysis of its complex behavior based on a nonlinear complementarity function

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Uses Software

• DMC

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