Fractional Prospect Theory-Based Bidding Strategy of Power Retail Company in the Uniform Pricing Electricity Market under Price Uncertainty
This paper first proposes a fractional prospect theory-based method for modeling the bidding strategy of a power retail company in the uniform pricing electricity market under price uncertainty. Different from the traditional methods which assume that the retail company always bids completely ration...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-02-01
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| Series: | Fractal and Fractional |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2504-3110/7/3/210 |