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Multi-agent simulation of electricity markets economically-motivated decision-making

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dc.contributor.authorTrigo, Paulo
dc.contributor.authorSousa, Jorge A. M.
dc.contributor.authorMarques, Paulo
dc.date.accessioned2017-01-06T15:03:02Z
dc.date.available2017-01-06T15:03:02Z
dc.date.issued2013
dc.description.abstractThe key motivation for this research is the perception that within a near future the electricity market will be composed of individuals that may simultaneously undertake the roles of consumers, producers and traders of electricity. Those individuals are economically motivated “prosumer” (producer-consumer) agents that not only consume, but can also produce, store and trade electricity. Therefore, as the prosumer agents follow their economically motivated goals (e.g., aiming for profit) they will also experience different forms of power (e.g., market power) and their social relations (e.g., dependencies) will mutually influence their decisionmaking processes. This paper describes the most relevant aspects of a simulation tool that provides (human and virtual) prosumer agents na interactive and real-time game-like environment where they can explore (long-term and short-term) strategic behaviour and experience the effects of power and social influence in their decisionmaking processes. The work on the quantitative description of power and influence concepts, is described and details are provided throughout an illustrative example.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationTRIGO, Paulo; SOUSA, Jorge; MARQUES, Paulo - Multi-agent simulation of electricity markets economically-motivated decision-making. International Journal of Computer Science and Electronics Engineering. ISSN 2320–4028. Vol. 1, N.º 2 (2013), pp. 228-233.pt_PT
dc.identifier.issn2320–4028
dc.identifier.urihttp://hdl.handle.net/10400.21/6694
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherInternational Journal of Computer Sciense and Electronics Engineeringpt_PT
dc.relation.publisherversionhttp://www.isaet.org/images/extraimages/D313054.pdfpt_PT
dc.subjectElectricity Marketpt_PT
dc.subjectEconomic Interactive Simulationpt_PT
dc.subjectMulti-agent Systemspt_PT
dc.subjectCoalition Decision-Makingpt_PT
dc.subjectPowerpt_PT
dc.subjectInfluencept_PT
dc.titleMulti-agent simulation of electricity markets economically-motivated decision-makingpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage233pt_PT
oaire.citation.issue2pt_PT
oaire.citation.startPage228pt_PT
oaire.citation.volume1pt_PT
person.familyNameTrigo
person.familyNameSousa
person.familyNameMarques
person.givenNamePaulo
person.givenNameJorge A. M.
person.givenNamePaulo
person.identifier2750231
person.identifier.ciencia-idF011-8BE3-FEB1
person.identifier.ciencia-idF816-08E3-B045
person.identifier.ciencia-idF917-BA1E-09F1
person.identifier.orcid0000-0001-5850-615X
person.identifier.orcid0000-0002-1110-6586
person.identifier.orcid0000-0002-7479-0119
person.identifier.ridM-1020-2015
person.identifier.scopus-author-id15043375100
person.identifier.scopus-author-id55940825700
rcaap.rightsrestrictedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication0381c0ca-c205-4ef3-b928-418f4f947630
relation.isAuthorOfPublication69325e43-1f4e-4c1c-8c69-159ac3f93066
relation.isAuthorOfPublication507aa2a6-7596-486e-8b39-e47f3b345704
relation.isAuthorOfPublication.latestForDiscovery0381c0ca-c205-4ef3-b928-418f4f947630

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