A Bayesian Game Approach for Noncooperative Pricing Among Multiple Utility Companies in Smart Grid

Yang, Jie; Tian, Zhenhua; Ma, Kai; Wang, Congshan; Liu, Zhixin

doi:10.1109/access.2018.2879882

Cited by 13 publications

(5 citation statements)

References 28 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Therefore, appropriate ways to assess the utility of the information need to be found. First, it is possible to assess the usefulness of information in terms of the amount of data contained in the data base [8]. Conversely, it may be evaluated on the basis of the noise level [9].…”

Section: Information Characteristicsmentioning

confidence: 99%

Evaluation of renewable energy prediction information for cyber-physical power system

Zhang,

et al. 2023

Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023)

View full text Add to dashboard Cite

Today's Internet technology is changing rapidly, the value of information in power systems is increasing. In the renewable energy-rich power grid, relatively accurate renewable energy prediction can reduce uncertainty caused by the random output of renewable energy, thus effectively improve the efficiency of renewable energy use, but also for power companies and power grid companies to provide a reference for economic benefits. In this paper, the value of photovoltaic (PV) predictive information to power systems is evaluated using an innovative evaluation system including Shannon entropy and non-noise ratio. Finally, taking IEEE 30-bus system as an example, the design and implementation of this paper are verified.

show abstract

Section: Information Characteristicsmentioning

confidence: 99%

Evaluation of renewable energy prediction information for cyber-physical power system

Zhang,

et al. 2023

Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023)

View full text Add to dashboard Cite

show abstract

“…Therefore, tripartite dynamic game relationships should be discussed to explore the predicament and countermeasures of governance (Wang D. L. et al, 2020). A Bayesian game is an efficient way to solve the incomplete information game problem and is a more reasonable means to describe the strategies chosen by participants in NEVs (Yang et al, 2018). Therefore, this study attempts to explore the impacts of the interactions of governments, manufacturers, and consumers via the Bayesian game.…”

Section: Differential Game Models In Espsmentioning

confidence: 99%

Tripartite Coordinated Regulation of New Energy Vehicles Based on Dynamic Bayesian Game

Liu

Song

Chang

et al. 2021

Front. Environ. Sci.

View full text Add to dashboard Cite

Manufacturers are disseminating false or ambiguous information regarding new energy vehicles (NEVs), which has led to skepticism from consumers about the quality of NEVs. In this research, we simultaneously considered the relationship among manufacturers, consumers, and governments from the perspective of stakeholders, and then we analyzed the tripartite coordinated regulation. In view of the serious information asymmetry of NEVs, we innovatively developed the Bayesian dynamic game model. By solving refined Bayesian equilibrium strategies, this study explores the effects of key influencing factors on strategic choices. On the basis of the conclusion, relevant countermeasures and suggestions are put forward to engender effective regulation by governments.

show abstract

“…In [20, 21], a Stackelberg game was proposed to achieve electricity scheduling for the residential users. The authors proposed a retail pricing strategy based on the Bayesian game, which is an incomplete information game considering the privateness among the consumers in [22]. A supermodular game to realise the retail pricing strategy equilibrium for the DRM was proposed by Ma et al .…”

Section: Introductionmentioning

confidence: 99%

Strategic equilibrium of economic dispatch in smart grid with a bi‐level game approach

Yang

Guo

et al. 2020

IET Generation, Transmission & Distribution

Self Cite

View full text Add to dashboard Cite

A Bayesian Game Approach for Noncooperative Pricing Among Multiple Utility Companies in Smart Grid

Cited by 13 publications

References 28 publications

Evaluation of renewable energy prediction information for cyber-physical power system

Evaluation of renewable energy prediction information for cyber-physical power system

Tripartite Coordinated Regulation of New Energy Vehicles Based on Dynamic Bayesian Game

Strategic equilibrium of economic dispatch in smart grid with a bi‐level game approach

Contact Info

Product

Resources

About