Game playing with autonomous adaptive agents in a simplified economic model of the UK market in electricity generation

Bagnall, AJ and Smith, GD (2000) Game playing with autonomous adaptive agents in a simplified economic model of the UK market in electricity generation. In: Proceedings of IEEE-PES / CSEE International conference on power system technology (Powercon 2000), 2000-12-04 - 2000-12-07.

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Abstract

We describe a simplified model of the UK market in electricity where autonomous adaptive agents representing electricity generation companies compete by bidding for the right to generate in a series of noncooperative games simulating scenarios seen in the real world market. We investigate the effects on agent behaviour of alterations of the settlement method and examine under what conditions cooperation to receive increased payments can emerge between the agents

Item Type:	Conference or Workshop Item (Paper)
Faculty \ School:	Faculty of Science > School of Computing Sciences
UEA Research Groups:	Faculty of Science > Research Groups > Data Science and Statistics
Depositing User:	Vishal Gautam
Date Deposited:	25 Aug 2011 17:32
Last Modified:	15 Dec 2022 01:06
URI:	https://ueaeprints.uea.ac.uk/id/eprint/22543
DOI:	10.1109/ICPST.2000.897139

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