Economically Destabilizing Electric Power Markets for Profit
نویسندگان
چکیده
The deregulation of the electric industry in the United States opens the power market to competition. Buyers and sellers of electric power will be competing for limited resources. Although regulators will attempt to limit such activity, when large amounts of money are at stake, the participants have incentives to engage in destabilizing behavior. The goal of this study is to model agent driven power market auctions where some of the players attempt to benefit from causing economic instabilities and intentionally driving market prices by applying different strategies.
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