THE DIFFERENTIATED NASH-COURNOT EQUILIBRIUM MODEL FOR ELECTRICITY PRODUCTION MARKET
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Keywords

Nash-Cournor equilibrium model, diferrentiated eletricity production market, equilbrium form of the model, convex quadratic program. Mô hình cân bằng Nash-Cournot, thị trường sản xuất điện phân biệt, bài toán cân bằng, điểm cân bằng của mô hình, bài toán quy hoạch lồi toàn phương.

How to Cite

VŨ TUẤN , A. (2022). THE DIFFERENTIATED NASH-COURNOT EQUILIBRIUM MODEL FOR ELECTRICITY PRODUCTION MARKET. Journal of Marine Science and Technology, 60(60), 92–96. Retrieved from https://jmst.vimaru.edu.vn/index.php/tckhcnhh/article/view/296

Abstract

This paper studies the differentiated Nash-Cournor equilibrium model for electricity production market (the expansion of the classic Nash-Cournot equilibrium model). Specifically, the author presents the model, the equilibrium problem of the model and its meaning. In addition, the author proposes the way to convert the equilibrium problem of the model to a problem of convex quadratic program. An algorithm for solving the latter problem and a numerical example are also discussed

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