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An electricity market game between consumers, retailers and network operators

Research output: Contribution to Journal/MagazineJournal articlepeer-review

<mark>Journal publication date</mark>10/2005
<mark>Journal</mark>Decision Support Systems
Issue number3-4
Number of pages12
Pages (from-to)427-438
Publication StatusPublished
<mark>Original language</mark>English


We consider a simple game-theoretical model in which an electricity retailer and a network owner offer incentives to consumers to shift load from a peak period to an off-peak period. Using a simple example, we compare the market outcomes from collusion with those from the equilibrium of a non-cooperative game and examine the behaviour in this game when it is repeated in a situation in which agents have imperfect information.