Title :
Evaluation of market power using agent based simulation
Author_Institution :
London Bus. Sch., UK
Abstract :
This is a summary of a panel presentation on market monitoring techniques, with an emphasis upon the usefulness of agent based simulation and evolutionary computation to identify market power effects. Reference is made to some actual applications, including its use in an official inquiry into potential market abuse in the UK.
Keywords :
evolutionary computation; monitoring; power markets; power system economics; power system simulation; software agents; agent based simulation; evolutionary computation; market monitoring techniques; market power; power system economics; Computational modeling; Cost function; Electricity supply industry; Evolutionary computation; Fuel economy; Monitoring; Power generation; Power generation economics; Power system economics; Pricing;
Conference_Titel :
Power Engineering Society General Meeting, 2003, IEEE
Print_ISBN :
0-7803-7989-6
DOI :
10.1109/PES.2003.1267230
