This paper develops an optimal energy bidding mechanism for the regional integrated electricity–hydrogen system (RIEHS) considering complex flow and further presents optimization management strategy based on Stackelberg game. The transaction mode of RIEHS is first introduced, models three market game participants are established. Then, game-based formulated, where operator (EHO) leader prosumer...

This paper proposes a new distributed connection establishment scheme involving several competing network providers in a multimedia telecommunications environment. This connection establishment scheme, which is based on the concept of open competitive bidding, enables mutual selection by users and network providers. By employing this proposed scheme, both network providers and users can pursue ...

Auction theory suggests that bidders follow a dominant strategy is to submit the highest bid equal bidder's true valuation in an ascending price auction with independent and private values. Bidders real-world auctions may deviate from this strategy, resulting either underbidding—submitting bids lower than valuation—or overbidding—bidding amount excess of real value. This study utilises data col...

The integration of a high number of plug-in electric (PEV) vehicles could lead to overloads in the systems assets and demand peaks if the charge of the fleet is left uncontrolled. However, with the use of smart-charging strategies these problems could be avoided. In this work the development of a smartcharging strategy is presented. The goal of each electric vehicle, modeled as an agent, is to ...

ITERATIVE COMBINATORIAL AUCTIONS: ACHIEVING ECONOMIC AND COMPUTATIONAL EFFICIENCY David Christopher Parkes Supervisor: Lyle H. Ungar A fundamental problem in building open distributed systems is to design mechanisms that compute optimal system-wide solutions despite the self-interest of individual users and computational agents. Classic game-theoretic solutions are often prohibitively expensive...

Problem statement: In a competitive electricity market with limited number of producers, Generation Companies (Gencos) is facing an oligopoly market rather than a perfect competition. Under oligopoly market environment, each Genco may increase its own profit through a favorable bidding strategy. The objective of a Genco is to maximize its profit and minimize the associated risk. In order to ach...

In the CAT Tournament, specialists facilitate transactions between buyers and sellers with the intention of maximizing profit from commission and other fees. Each specialist must find a well-balanced strategy that allows it to entice buyers and sellers to trade in its market while also retaining the buyers and sellers that are currently subscribed to it. Classification techniques can be used to...