• DocumentCode
    403307
  • Title

    Evaluation of market power using agent based simulation

  • Author

    Bunn, Derek W.

  • Author_Institution
    London Bus. Sch., UK
  • Volume
    1
  • fYear
    2003
  • fDate
    13-17 July 2003
  • Abstract
    This is a summary of a panel presentation on market monitoring techniques, with an emphasis upon the usefulness of agent based simulation and evolutionary computation to identify market power effects. Reference is made to some actual applications, including its use in an official inquiry into potential market abuse in the UK.
  • Keywords
    evolutionary computation; monitoring; power markets; power system economics; power system simulation; software agents; agent based simulation; evolutionary computation; market monitoring techniques; market power; power system economics; Computational modeling; Cost function; Electricity supply industry; Evolutionary computation; Fuel economy; Monitoring; Power generation; Power generation economics; Power system economics; Pricing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power Engineering Society General Meeting, 2003, IEEE
  • Print_ISBN
    0-7803-7989-6
  • Type

    conf

  • DOI
    10.1109/PES.2003.1267230
  • Filename
    1267230