The generalized N&K value: An axiomatic mechanism for electricity trading
Date
2018
Authors
Burgess, Mark
Chapman, Archie
Scott, Paul
Journal Title
Journal ISSN
Volume Title
Publisher
IFAAMAS (International Foundation for Autonomous Agents and Multiagent Systems)
Abstract
We introduce an axiomatic solution concept for generalized noncooperative
games called the generalized N&K value. It is applied
as a mechanism for determining appropriate financial transfers
over DC optimal power flow (DC-OPF) instances in an electrical
network. The generalized N&K value rewards network participants
in proportion to the competitive position of the coalitions that
they could be part of. In this way it reflects the relative bargaining
powers of the electrical network participants.
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Proceedings of the International Joint Conference on Autonomous Agents and Multiagent Systems, AAMAS
Type
Conference paper
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Free Access via publisher website
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Restricted until
2099-12-31
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