• DocumentCode
    2101713
  • Title

    Game Models and Analysis of the China´s Power Market

  • Author

    Huan, Qi ; Tang Jian ; Yan Zhi-An ; Qi Huan

  • Author_Institution
    HuaZhong Univ. of Sci. & Technol., Wuhan, China
  • fYear
    2010
  • fDate
    28-31 March 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    The basic contents and ideas of "the Tragedy of the Commons" are introduced in this paper. The conclusion that the shortage of power-energy-supply in China in 2008 resulted from the price distortion originates from the theory of "the Tragedy of the Commons", meanwhile, the application of complete information static game theory gives the quantitative analysis of the issue that the public energy is provided by the individuals and lastly, It also points out the main causes of public electric power shortage.
  • Keywords
    game theory; power markets; power system economics; China; information static game theory; power market; power-energy-supply shortage; price distortion; public electric power shortage; Energy resources; Environmental economics; Game theory; Information analysis; Pollution; Power generation; Power generation economics; Power markets; Power supplies; Production facilities;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power and Energy Engineering Conference (APPEEC), 2010 Asia-Pacific
  • Conference_Location
    Chengdu
  • Print_ISBN
    978-1-4244-4812-8
  • Electronic_ISBN
    978-1-4244-4813-5
  • Type

    conf

  • DOI
    10.1109/APPEEC.2010.5448763
  • Filename
    5448763