Journal
IFAC PAPERSONLINE
Volume 49, Issue 32, Pages 13-18Publisher
ELSEVIER
DOI: 10.1016/j.ifacol.2016.12.182
Keywords
management policy verification; game theory; business games; locational marginal price; oligopoly; congestion management
Categories
Funding
- Russian Federation [MD-6075.2015.9]
- RFBR [14-07-00875]
Ask authors/readers for more resources
A method is proposed to support management policy design and verification in complex cyber-physical & human systems (CPHS). A hierarchy of interconnected formal models is built to provide the multi-faceted view of the conflict situation lying in the core of a certain management problem. Game-theoretical analysis reveals the problem and mechanism design suggests the alternative management policy. Its efficiency is verified by multi-agent simulations and gaming experiments with experts. The approach is illustrated using the examples of two market manipulation issues arising on the Russian wholesale electricity market. (C) 2016, IFAC (International Federation of Automatic Control) Hosting by Elsevier Ltd. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available
Share Paper
