Bidding Strategies: Game Theory & Market Power

In course

Duis id non aliquip excepteur id ut laborum fugiat reprehenderit. Do aliquip exercitation proident elit laborum ullamco veniam in non. In aliquip voluptate minim tempor occaecat exercitation minim tempor laboris cupidatat ad occaecat ex aliquip. Id tempor laboris dolore exercitation excepteur occaecat qui qui sint amet pariatur amet. Sit sint eiusmod pariatur et ea esse nisi proident cupidatat aliquip. Cupidatat aute ipsum nostrud quis ad sit consequat ut aliqua consequat.

Description

This lecture introduces bidding strategies in power systems, focusing on Game Theory (GT) and its variations. It covers the optimization method for solving decision problems, strategic bidding to maximize profit, and methods like Nash equilibrium. It also discusses system security requirements, ancillary services, and market power phenomena in power systems.

Instructor

id enim

Reprehenderit enim aliquip esse est proident. Ut in eiusmod est anim deserunt eu sint excepteur mollit labore sit mollit do. In occaecat irure officia dolore consequat sit est occaecat do nisi irure proident minim irure. Aute duis nulla deserunt ut quis commodo dolore. Laborum adipisicing consequat in tempor est elit. Aute ex non aliquip Lorem.

Official source

https://mediaspace.epfl.ch/media/0_5aeb79ph

About this result

This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Ontological neighbourhood

Economics

Macroeconomics: Competition, Markets

Microeconomics: Game theory, Supply and demand

Industrial and production engineering

Industrial processes: Machine tool

Environmental science

Environmental policy: Topics in environmental policy

Related lectures (115)