Title :
The game analysis in the policy-processing of grid construction
Author :
Yan Liang ; Shi Xing-hua
Author_Institution :
Huzhou Electr. Power Bur., Huzhou, China
Abstract :
This paper simulates the game in the policy-processing of grid construction based on the Rubinstein game ideology of bargaining, and constructs the Principal-Agent model given the incomplete information for grid company and local government. This paper also discusses the game model for the bargaining between local government and residents and makes an analysis of the mutual action among the three interest groups: grid company, local government and local residents. Probe is made into the achievement of balance in the allocation of benefit for all interest groups under the current policy. The last discussion aims to construct a harmonious external environment for grid construction.
Keywords :
game theory; government policies; power grids; power markets; Rubinstein game ideology; game analysis; grid company; grid construction; local government; policy processing; principal agent model; Companies; Economics; Electronic mail; Games; Local government; Game analysis; bargaining; grid construction; interest group; policy-processing; principal-agent;
Conference_Titel :
Electricity Distribution (CICED), 2010 China International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4577-0066-8