Raiffa-Kalai-Smorodinsky Bargaining Solution for Bilateral Contracts in Electricity Markets

Raiffa-Kalai-Smorodinsky Bargaining Solution for Bilateral Contracts in Electricity Markets

In electricity markets, bilateral contracts (BC) are used to hedge against price volatility in the spot market. Pricing these contracts requires scheduling from either the buyer or the seller aiming to achieve the highest profit possible. Since this problem includes different players, a Generation C...

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Bibliographic Details
Main Authors: Reinaldo Crispiniano Garcia, Javier Contreras, Matheus de Lima Barbosa, Felipe de Silva Toledo, Paulo Vinicius Aires da Cunha
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Energies
Subjects:
electricity market
bilateral contracts
Raiffa–Kalai–Smorodinsky bargaining solution
game theory
Online Access:https://www.mdpi.com/1996-1073/13/9/2397

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https://www.mdpi.com/1996-1073/13/9/2397

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