{"id":"https://openalex.org/W2156612931","doi":"https://doi.org/10.1109/cdc.2013.6759941","title":"Game-theoretic analysis of the nodal pricing mechanism for electricity markets","display_name":"Game-theoretic analysis of the nodal pricing mechanism for electricity markets","publication_year":2013,"publication_date":"2013-12-01","ids":{"openalex":"https://openalex.org/W2156612931","doi":"https://doi.org/10.1109/cdc.2013.6759941","mag":"2156612931"},"language":"en","primary_location":{"id":"doi:10.1109/cdc.2013.6759941","is_oa":false,"landing_page_url":"https://doi.org/10.1109/cdc.2013.6759941","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"52nd IEEE Conference on Decision and Control","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5033721973","display_name":"Wenyuan Tang","orcid":"https://orcid.org/0000-0001-6307-2085"},"institutions":[{"id":"https://openalex.org/I1174212","display_name":"University of Southern California","ror":"https://ror.org/03taz7m60","country_code":"US","type":"education","lineage":["https://openalex.org/I1174212"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Wenyuan Tang","raw_affiliation_strings":["Department of Electrical Engineering, University of Southern California, Los Angeles, CA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, University of Southern California, Los Angeles, CA, USA","institution_ids":["https://openalex.org/I1174212"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002082998","display_name":"Rahul Jain","orcid":"https://orcid.org/0000-0003-3786-8682"},"institutions":[{"id":"https://openalex.org/I1174212","display_name":"University of Southern California","ror":"https://ror.org/03taz7m60","country_code":"US","type":"education","lineage":["https://openalex.org/I1174212"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Rahul Jain","raw_affiliation_strings":["Department of Electrical Engineering, University of Southern California, Los Angeles, CA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, University of Southern California, Los Angeles, CA, USA","institution_ids":["https://openalex.org/I1174212"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I1174212"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"562","last_page":"567"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10454","display_name":"Optimal Power Flow Distribution","score":0.9958000183105469,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.6835019588470459},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.6327946782112122},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5430899858474731},{"id":"https://openalex.org/keywords/counterexample","display_name":"Counterexample","score":0.5267550349235535},{"id":"https://openalex.org/keywords/game-theory","display_name":"Game theory","score":0.5214821100234985},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5148934125900269},{"id":"https://openalex.org/keywords/congestion-management","display_name":"Congestion management","score":0.4961493909358978},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.49067413806915283},{"id":"https://openalex.org/keywords/economic-dispatch","display_name":"Economic dispatch","score":0.43771177530288696},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41802719235420227},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.4176388680934906},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.40045395493507385},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.27021536231040955},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.261730819940567},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1240357756614685},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.08659657835960388}],"concepts":[{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.6835019588470459},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.6327946782112122},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5430899858474731},{"id":"https://openalex.org/C162838799","wikidata":"https://www.wikidata.org/wiki/Q596077","display_name":"Counterexample","level":2,"score":0.5267550349235535},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.5214821100234985},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5148934125900269},{"id":"https://openalex.org/C2984524470","wikidata":"https://www.wikidata.org/wiki/Q18141869","display_name":"Congestion management","level":4,"score":0.4961493909358978},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.49067413806915283},{"id":"https://openalex.org/C187633118","wikidata":"https://www.wikidata.org/wiki/Q1317949","display_name":"Economic dispatch","level":4,"score":0.43771177530288696},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41802719235420227},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4176388680934906},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.40045395493507385},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.27021536231040955},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.261730819940567},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1240357756614685},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08659657835960388},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C118615104","wikidata":"https://www.wikidata.org/wiki/Q121416","display_name":"Discrete mathematics","level":1,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/cdc.2013.6759941","is_oa":false,"landing_page_url":"https://doi.org/10.1109/cdc.2013.6759941","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"52nd IEEE Conference on Decision and Control","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.5}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W319794080","https://openalex.org/W1549769376","https://openalex.org/W1573117120","https://openalex.org/W2014919651","https://openalex.org/W2020935895","https://openalex.org/W2033728052","https://openalex.org/W2110819978","https://openalex.org/W2166063259","https://openalex.org/W2168283238","https://openalex.org/W2246438512","https://openalex.org/W2497152198"],"related_works":["https://openalex.org/W2362810095","https://openalex.org/W1519001551","https://openalex.org/W82167147","https://openalex.org/W2342278694","https://openalex.org/W2581153518","https://openalex.org/W2130622222","https://openalex.org/W2338968328","https://openalex.org/W1641448604","https://openalex.org/W2018203780","https://openalex.org/W2099326668"],"abstract_inverted_index":{"Nodal":[0],"pricing":[1,6],"is":[2,13],"a":[3],"methodology":[4],"for":[5,52],"electricity":[7,18],"and":[8,27,35,60],"managing":[9],"transmission":[10],"congestion":[11],"that":[12,81],"widely":[14],"used":[15],"in":[16],"deregulated":[17],"markets.":[19],"We":[20],"focus":[21],"on":[22],"the":[23,29,38,45,53,64,67,74],"economic":[24],"dispatch":[25],"problem":[26],"consider":[28],"strategic":[30],"behavior":[31],"of":[32,40,47,55,66],"both":[33],"generators":[34],"consumers.":[36],"For":[37],"case":[39,54],"no":[41],"congestion,":[42,56],"we":[43,57,72],"prove":[44],"existence":[46],"an":[48,70,84],"efficient":[49,85],"Nash":[50,86],"equilibrium;":[51],"give":[58],"examples":[59],"counterexamples":[61],"to":[62],"demonstrate":[63],"complexity":[65],"outcomes.":[68],"As":[69],"alternative,":[71],"propose":[73],"Power":[75],"Network":[76],"Second":[77],"Price":[78],"(PNSP)":[79],"mechanism":[80],"always":[82],"induces":[83],"equilibrium.":[87]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-07-14T23:27:15.235271","created_date":"2025-10-10T00:00:00"}