Analysis of a duopoly supply chain and its application in electricity spot markets
文献类型：期刊论文
| 作者 | Sethi, SP; Yan, HM; Zhang, HQ
|
| 刊名 | ANNALS OF OPERATIONS RESEARCH
 |
| 出版日期 | 2005 |
| 卷号 | 135期号:1页码:239-259 |
| 关键词 | demand allocation game theory information updates dynamic programming deregulated energy market |
| ISSN号 | 0254-5330 |
| DOI | 10.1007/s10479-005-6244-6 |
| 英文摘要 | This paper studies a supply chain consisting of two suppliers and one retailer in a spot market, where the retailer uses the newsvendor solution as its purchase policy, and suppliers compete for the retailers purchase. Since each suppliers bidding strategy affects the others profit, a game theory approach is used to identify optimal bidding strategies. We prove the existence and uniqueness of a Nash solution. It is also shown that the competition between the supplier leads to a lower market clearing price, and as a result, the retailer benefits from it. Finally, we demonstrate the applicability of the obtained results by deriving optimal bidding strategies for power generator plants in the deregulated California energy market. |
| WOS研究方向 | Operations Research & Management Science |
| 语种 | 英语 |
| WOS记录号 | WOS:000228973500013 |
| 出版者 | SPRINGER |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/1128]  |
| 专题 | 应用数学研究所 |
| 通讯作者 | Sethi, SP |
| 作者单位 | 1.Univ Texas, Sch Management, Richardson, TX 75083 USA 2.Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China 3.Acad Sinica, Inst Appl Math, Beijing 100080, Peoples R China |
| 推荐引用方式 GB/T 7714 | Sethi, SP,Yan, HM,Zhang, HQ. Analysis of a duopoly supply chain and its application in electricity spot markets[J]. ANNALS OF OPERATIONS RESEARCH,2005,135(1):239-259. |
| APA | Sethi, SP,Yan, HM,&Zhang, HQ.(2005).Analysis of a duopoly supply chain and its application in electricity spot markets.ANNALS OF OPERATIONS RESEARCH,135(1),239-259. |
| MLA | Sethi, SP,et al."Analysis of a duopoly supply chain and its application in electricity spot markets".ANNALS OF OPERATIONS RESEARCH 135.1(2005):239-259. |
入库方式： OAI收割
来源：数学与系统科学研究院
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