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STUDIA INFORMATICA - Issue no. Sp.Issue%201 / 2009 | |||||||
Article: |
EQUILIBRIA DETECTION IN ELECTRICITY MARKET GAMES. Authors: D. DUMITRESCU, RODICA IOANA LUNG, TUDOR DAN MIHOC. |
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Abstract: A general technique for finding equilibria in finite non cooperative games is applied to compute Nash equilibria of an electricity market. The approach is based on a characterization of equilibrium using a generative relation. This relation induces an appropriate domination concept. A population of strategies is evolved according to a domination-based ranking. The process converges towards a very good approximation of the game equilibrium. Key words and phrases. Nash equilibrium, generative relation for equilibria. |
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