Chaos and Control of Game Model Based on Heterogeneous Expectations in Electric Power Triopoly
Author
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2009, Issue 2009 (31 Dec. 2009), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2010-02-11
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
A dynamic repeated game model has been established based on heterogeneous expectations in electric power triopoly.
Theoretical analysis and numerical simulation show the complexity of this model; suppose that the producers make decisions with naive expectation and bounded rationality.
The straight-line stabilization chaos control method was successfully applied to the dynamic repeated game model.
The results have important practical value for the producers in the electric power oligopoly.
American Psychological Association (APA)
Ji, Weizhuo. 2010. Chaos and Control of Game Model Based on Heterogeneous Expectations in Electric Power Triopoly. Discrete Dynamics in Nature and Society،Vol. 2009, no. 2009, pp.1-8.
https://search.emarefa.net/detail/BIM-473998
Modern Language Association (MLA)
Ji, Weizhuo. Chaos and Control of Game Model Based on Heterogeneous Expectations in Electric Power Triopoly. Discrete Dynamics in Nature and Society No. 2009 (2009), pp.1-8.
https://search.emarefa.net/detail/BIM-473998
American Medical Association (AMA)
Ji, Weizhuo. Chaos and Control of Game Model Based on Heterogeneous Expectations in Electric Power Triopoly. Discrete Dynamics in Nature and Society. 2010. Vol. 2009, no. 2009, pp.1-8.
https://search.emarefa.net/detail/BIM-473998
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-473998
