Nash Equilibrium to Competitive Equilibrium Mechanisms Design: Subsidization and Punishment
Due to the small number of participants in realistic cases, the Nash equilibrium generated by an oligopolistic market is more appropriate for depicting the actual energy market than the competitive equilibrium generated by a competitive market. However, the market efficiency decreases when the Nash...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2021-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/9400829/ |