Game Theoretic Pricing Models for Electricity Markets andApplications to Economic Policy

本研究建立了电力市场分析模型。在电力需求量不确定、发电商利用分布信息策略性地选择供给函数的假设下，推导并检验了均衡价格公式。在均衡价格模型的基础上，构建了电力市场中市场力测量与研究的框架。当你使用这个框架来评估市场表现时，你只需要两个时间序列数据集，现货价格和交易量。实际上，它被应用于分析PJM市场和加州电力交易所市场（1998年至2000年）。

In this study, models for analysis of electricity markets aredeveloped. Under the assumptions that quantity of electricity demand is uncertain andpower generators use information on the distribution to choose supply functionsstrategically, equilibrium price formulae are derived and examined. Based on the oneof equilibrium price models, a framework for measuring and investigating marketpower in electricity markets is constructed. When you use the framework for assessingthe market performance, you need only two time series data sets, spot prices andtrading volumes. Indeed, it is applied to analyze PJM market and California PowerExchange market (from 1998 to 2000).