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.
Game- theoretic evolution in renewable energy systems: Advancing sustainable energy management and decision optimization in decentralized power markets,
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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.