Simulations with a behavioral game-theoretic framework on ERCOT peak-day data show fictitious-play dynamics reduce peaks more reliably than best-response dynamics, with finer action resolution and careful signals improving outcomes.
Priorities for the evolution of an energy-only electricity market design in ercot,
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Modeling Coincident Peak Pricing in Electricity Markets: Challenges and Peak Shaving Effectiveness
Simulations with a behavioral game-theoretic framework on ERCOT peak-day data show fictitious-play dynamics reduce peaks more reliably than best-response dynamics, with finer action resolution and careful signals improving outcomes.