Paper published in a book (Scientific congresses and symposiums)
Nash equilibrium as the minimum of a function. Application to electricity markets with large number of actors
Beck, Elena Vdovina; Cherkaoui, Rachid; Minoia, Anna et al.
2007In Proceedings of the 2007 Power Tech
Peer reviewed
 

Files


Full Text
powertech2007-nash.pdf
Publisher postprint (145.85 kB)
Download

All documents in ORBi are protected by a user license.

Send to



Details



Keywords :
electricity market; Nash equilibrium computation; combinatorial optimization
Abstract :
[en] We introduce in this paper a new approach for efficiently identifying Nash equilibria for games composed of large numbers of players having discrete and not too large strategy spaces. The approach is based on a characterization of Nash equilibria in terms of minima of a function and relies on stochastic optimization algorithms to find these minima. The approach is applied to compute Nash equilibria of some electricity markets and, based on the simulation results, its performances are discussed.
Disciplines :
Computer science
Electrical & electronics engineering
Author, co-author :
Beck, Elena Vdovina
Cherkaoui, Rachid
Minoia, Anna
Ernst, Damien  ;  Université de Liège - ULiège > Dép. d'électric., électron. et informat. (Inst.Montefiore) > Systèmes et modélisation
Language :
English
Title :
Nash equilibrium as the minimum of a function. Application to electricity markets with large number of actors
Publication date :
2007
Event name :
2007 Power Tech
Event place :
Lausanne, Switzerland
Event date :
1-5 July 2007
Audience :
International
Main work title :
Proceedings of the 2007 Power Tech
ISBN/EAN :
978-1-4244-2189-3
Pages :
837-842
Peer reviewed :
Peer reviewed
Funders :
F.R.S.-FNRS - Fonds de la Recherche Scientifique [BE]
Available on ORBi :
since 30 May 2009

Statistics


Number of views
224 (10 by ULiège)
Number of downloads
323 (8 by ULiège)

Scopus citations®
 
3
Scopus citations®
without self-citations
1
OpenCitations
 
3

Bibliography


Similar publications



Contact ORBi