“…The different types of games are categorized by number of players involved, symmetry of the game, and whether or not, cooperation among players is allowed. In the literature for power markets, the different game models used include: cooperative [34,35,36,37], non-cooperative [20,38], Stackelberg [9,39], multi-leader-follower [9], Forchheimer (one leader) [5], and Bertrand games (all players are leaders) [5]. Beside the application in power markets, game theory has been used in diverse, and related fields such as: analysis of Electric Vehicle (EV) charging station construction [40], charging method for plugged in hybrid EVs [41], analysis of power grid vulnerability [42], performance evaluation of thermal power plants [43], analysis of effects of higher domestic gas prices in Russia on the European gas market [44], and interactive energy management of networked microgrid-based active distribution systems [45].…”