An Adaptive Game for Pay-as-Bid and Uniform Pricing Power Pools Comparison

Skoulidas, C; Vournas, C; Papavassilopoulos, G

dc.contributor.author	Skoulidas, C	en
dc.contributor.author	Vournas, C	en
dc.contributor.author	Papavassilopoulos, G	en
dc.date.accessioned	2014-03-01T01:51:27Z
dc.date.available	2014-03-01T01:51:27Z
dc.date.issued	2002	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/26302
dc.relation.uri	http://www.control.ece.ntua.gr/papers/90.pdf	en
dc.subject	Adaptive Learning	en
dc.subject	Electricity Prices	en
dc.subject	Game Theory	en
dc.subject	Market Share	en
dc.subject	Perfect Competition	en
dc.subject	Power Generation	en
dc.subject	Power Market	en
dc.subject	Profitability	en
dc.subject	Independent System Operator	en
dc.title	An Adaptive Game for Pay-as-Bid and Uniform Pricing Power Pools Comparison	en
heal.type	journalArticle	en
heal.publicationDate	2002	en
heal.abstract	In the present paper we model a deregulated whole- sale power market, using an adaptive game in order to study and compare the behavior of the market under two different auction rules: uniform pricing and pay-as-bid. The market consists of an Independent System Operator (ISO) and Power Generators (Players) who submit their offers to the ISO in the form of	en