Comparing competition equilibrium with nash equilibrium in electric power market
The Nash equilibrium and competition equilibrium have been widely studied in the electric power market up to now. In this paper, it is explained that the Nash equilibrium can be achieved by using marginal cost pricing and the competition equilibrium can be performed by using accounting cost pricing...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
China electric power research institute
2018-09-01
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| Series: | CSEE Journal of Power and Energy Systems |
| Online Access: | https://ieeexplore.ieee.org/document/8468668 |