Dynamic Negotiation Model of Bilateral Contracts in Electricity Market

被引:0
|
作者
Zou Xiao-yan [1 ]
机构
[1] Chongqing Normal Univ, Sch Econ & Management, Chongqing 400047, Peoples R China
关键词
electricity bilateral contracts; dynamic bargaining; negotiation process; game theory; Rubinstein bargaining model;
D O I
10.4028/www.scientific.net/AMM.48-49.466
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
This paper presents a game model to analyze the dynamic negotiation process of bilateral contracts in electricity market. This model focuses on the bilateral contracts with a fixed amount of electricity and incomplete information. Equilibriums show that increasing the price transparency of spot markets will facilitate electricity trading though bilateral contracts, and enhance the efficiency of the entire electricity market.
引用
收藏
页码:466 / 469
页数:4
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