Fuzzy Gaming Approach For GenCo's Bidding Problem

• Main Authors: Chi-Zong Chen, 陳紀宗
• Other Authors: Whei-Min Lin
• Format: Others
• Language: zh-TW
• Published: 2001
• Online Access: http://ndltd.ncl.edu.tw/handle/84813117698061408756

碩士 === 國立中山大學 === 電機工程學系研究所 === 89 === In this thesis, the decision-making problem of a GenCo’s bids is formulated and solved by a fuzzy approach to strategic games. It is assumed that only supply-side bidding is considered in the spot market and a player hopes to determine his bids to maximize his own expected payoffs. By means of fuzzy membership functions and operations, a multi-criteria method is used to analyze the player’s choices. Decision maker can decide what kind of strategy combination is optimal by using weight vector to represent his subjective attitude and moral features about the structure of multi-objectives. From this process, a decision can be made more easily, and the results are also close to reality which is not easily modeled by probabilistic method in the classical game theory. Numerical examples with a game of two GenCo’s and a price-elastic demand are offered to illustrate the salient features of the proposed approach.