{"id":"https://openalex.org/W2789689524","doi":"https://doi.org/10.1109/tsg.2018.2810819","title":"Prospect Theory-Based Active Consumer Behavior Under Variable Electricity Pricing","display_name":"Prospect Theory-Based Active Consumer Behavior Under Variable Electricity Pricing","publication_year":2018,"publication_date":"2018-03-01","ids":{"openalex":"https://openalex.org/W2789689524","doi":"https://doi.org/10.1109/tsg.2018.2810819","mag":"2789689524"},"language":"en","primary_location":{"id":"doi:10.1109/tsg.2018.2810819","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2018.2810819","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"},"type":"article","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/A5064049208","display_name":"Kumarsinh Jhala","orcid":"https://orcid.org/0000-0002-1334-4780"},"institutions":[{"id":"https://openalex.org/I189590672","display_name":"Kansas State University","ror":"https://ror.org/05p1j8758","country_code":"US","type":"education","lineage":["https://openalex.org/I189590672"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Kumarsinh Jhala","raw_affiliation_strings":["Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA","institution_ids":["https://openalex.org/I189590672"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5003778401","display_name":"Balasubramaniam Natarajan","orcid":"https://orcid.org/0000-0001-6429-9003"},"institutions":[{"id":"https://openalex.org/I189590672","display_name":"Kansas State University","ror":"https://ror.org/05p1j8758","country_code":"US","type":"education","lineage":["https://openalex.org/I189590672"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Balasubramaniam Natarajan","raw_affiliation_strings":["Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA","institution_ids":["https://openalex.org/I189590672"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5033708638","display_name":"Anil Pahwa","orcid":"https://orcid.org/0000-0002-2106-0825"},"institutions":[{"id":"https://openalex.org/I189590672","display_name":"Kansas State University","ror":"https://ror.org/05p1j8758","country_code":"US","type":"education","lineage":["https://openalex.org/I189590672"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Anil Pahwa","raw_affiliation_strings":["Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA"],"affiliations":[{"raw_affiliation_string":"Department of Electrical and Computer Engineering, Kansas State University, Manhattan, KS, USA","institution_ids":["https://openalex.org/I189590672"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5064049208"],"corresponding_institution_ids":["https://openalex.org/I189590672"],"apc_list":null,"apc_paid":null,"fwci":4.3043,"has_fulltext":false,"cited_by_count":84,"citation_normalized_percentile":{"value":0.94752273,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"10","issue":"3","first_page":"2809","last_page":"2819"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":1.0,"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/T10603","display_name":"Smart Grid Energy Management","score":1.0,"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/T10424","display_name":"Electric Power System Optimization","score":0.9951000213623047,"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/T10768","display_name":"Electric Vehicles and Infrastructure","score":0.9897000193595886,"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/stackelberg-competition","display_name":"Stackelberg competition","score":0.5631539225578308},{"id":"https://openalex.org/keywords/grid","display_name":"Grid","score":0.5542268753051758},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.5188137888908386},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5184764266014099},{"id":"https://openalex.org/keywords/news-aggregator","display_name":"News aggregator","score":0.506885826587677},{"id":"https://openalex.org/keywords/game-theory","display_name":"Game theory","score":0.5043889284133911},{"id":"https://openalex.org/keywords/consumer-behaviour","display_name":"Consumer behaviour","score":0.4903128445148468},{"id":"https://openalex.org/keywords/smart-grid","display_name":"Smart grid","score":0.4849722385406494},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.4522151052951813},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4271915853023529},{"id":"https://openalex.org/keywords/irrationality","display_name":"Irrationality","score":0.4231686592102051},{"id":"https://openalex.org/keywords/consumption","display_name":"Consumption (sociology)","score":0.4126949608325958},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.38529765605926514},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.1977202594280243},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.15684401988983154},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.15490269660949707}],"concepts":[{"id":"https://openalex.org/C199510392","wikidata":"https://www.wikidata.org/wiki/Q1184602","display_name":"Stackelberg competition","level":2,"score":0.5631539225578308},{"id":"https://openalex.org/C187691185","wikidata":"https://www.wikidata.org/wiki/Q2020720","display_name":"Grid","level":2,"score":0.5542268753051758},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.5188137888908386},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5184764266014099},{"id":"https://openalex.org/C180505990","wikidata":"https://www.wikidata.org/wiki/Q498267","display_name":"News aggregator","level":2,"score":0.506885826587677},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.5043889284133911},{"id":"https://openalex.org/C23213687","wikidata":"https://www.wikidata.org/wiki/Q301468","display_name":"Consumer behaviour","level":2,"score":0.4903128445148468},{"id":"https://openalex.org/C10558101","wikidata":"https://www.wikidata.org/wiki/Q689855","display_name":"Smart grid","level":2,"score":0.4849722385406494},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.4522151052951813},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4271915853023529},{"id":"https://openalex.org/C2777019708","wikidata":"https://www.wikidata.org/wiki/Q1412340","display_name":"Irrationality","level":3,"score":0.4231686592102051},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.4126949608325958},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.38529765605926514},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.1977202594280243},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.15684401988983154},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.15490269660949707},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C201717286","wikidata":"https://www.wikidata.org/wiki/Q938185","display_name":"Rationality","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tsg.2018.2810819","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2018.2810819","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.8999999761581421,"id":"https://metadata.un.org/sdg/7","display_name":"Affordable and clean energy"}],"awards":[{"id":"https://openalex.org/G6603931590","display_name":null,"funder_award_id":"CNS-1544705","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":41,"referenced_works":["https://openalex.org/W1565314948","https://openalex.org/W1616132936","https://openalex.org/W1742820088","https://openalex.org/W1967346783","https://openalex.org/W1972022566","https://openalex.org/W1974048883","https://openalex.org/W1977209346","https://openalex.org/W1984560471","https://openalex.org/W1992334470","https://openalex.org/W1992679131","https://openalex.org/W2024998154","https://openalex.org/W2029799693","https://openalex.org/W2035833777","https://openalex.org/W2041946752","https://openalex.org/W2045016194","https://openalex.org/W2057111548","https://openalex.org/W2065067102","https://openalex.org/W2068060907","https://openalex.org/W2076221970","https://openalex.org/W2095810648","https://openalex.org/W2099161251","https://openalex.org/W2113243345","https://openalex.org/W2127474542","https://openalex.org/W2128936594","https://openalex.org/W2133469585","https://openalex.org/W2313493060","https://openalex.org/W2513618183","https://openalex.org/W2568808500","https://openalex.org/W2576199627","https://openalex.org/W2581112507","https://openalex.org/W2603781503","https://openalex.org/W2611223082","https://openalex.org/W2752686633","https://openalex.org/W2776805775","https://openalex.org/W2834201727","https://openalex.org/W3011865677","https://openalex.org/W3122760232","https://openalex.org/W4250817033","https://openalex.org/W4285719527","https://openalex.org/W6633869904","https://openalex.org/W6725813819"],"related_works":["https://openalex.org/W3046697705","https://openalex.org/W3093688972","https://openalex.org/W4226431440","https://openalex.org/W4214604859","https://openalex.org/W3012323502","https://openalex.org/W2784220452","https://openalex.org/W2906194504","https://openalex.org/W2782371480","https://openalex.org/W2123795915","https://openalex.org/W3005701630"],"abstract_inverted_index":{"Active":[0],"consumers":[1,35,73,83,164],"who":[2],"engage":[3],"in":[4,12,45],"energy":[5],"consumption,":[6],"production":[7],"and":[8,15,30,36,51,84,183,192],"provide":[9],"ancillary":[10],"services":[11],"a":[13,39,61,89],"dynamic":[14],"interactive":[16],"manner":[17],"will":[18],"be":[19],"an":[20,153],"integral":[21],"part":[22],"of":[23,72,102,118,124,131,155,158,162,186],"the":[24,80,104,119,122,125,135,148,156,166,177,184],"future":[25],"grid.":[26,168],"This":[27],"paper":[28,59],"models":[29,107],"analyzes":[31],"interaction":[32,81],"between":[33,82],"active":[34,163],"aggregators":[37,85],"with":[38,75],"specific":[40],"focus":[41],"on":[42,54,165,176,188],"consumer":[43,65,111],"actions":[44],"response":[46],"to":[47,139,145],"real-time":[48],"electricity":[49],"pricing":[50],"their":[52,76],"impacts":[53],"grid":[55,127],"voltage.":[56],"First,":[57],"this":[58],"introduces":[60],"unique":[62,116],"prospect":[63,105],"theory-based":[64,106],"behavior":[66,101,112],"model":[67,171],"that":[68,98,142],"captures":[69],"wide":[70],"range":[71],"each":[74],"individual":[77],"preferences.":[78],"Second,":[79],"is":[86,121,172,195],"modeled":[87],"as":[88],"Stackelberg":[90],"game.":[91],"However,":[92],"unlike":[93],"existing":[94],"game":[95],"theoretic":[96],"efforts":[97],"assume":[99],"rational":[100],"consumers,":[103],"systematically":[108],"incorporate":[109],"realistic":[110],"including":[113],"irrationality.":[114],"Another":[115],"aspect":[117],"formulation":[120],"inclusion":[123],"physical":[126,167],"constraints":[128],"(in":[129],"terms":[130],"voltage":[132,193],"violations)":[133],"within":[134],"analysis.":[136],"In":[137],"contrast":[138],"prior":[140],"approaches":[141],"limit":[143],"themselves":[144],"economic":[146],"aspects,":[147],"proposed":[149,170],"techno-economic":[150],"perspective":[151],"provides":[152],"understanding":[154],"impact":[157,185],"large":[159],"scale":[160],"penetration":[161],"The":[169],"analyzed":[173],"using":[174],"simulations":[175],"IEEE":[178],"69":[179],"bus":[180],"test":[181],"system":[182],"irrationality":[187],"both":[189],"consumer/aggregator":[190],"payoffs":[191],"violations":[194],"quantified.":[196]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":8},{"year":2024,"cited_by_count":16},{"year":2023,"cited_by_count":14},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":10},{"year":2020,"cited_by_count":12},{"year":2019,"cited_by_count":8},{"year":2018,"cited_by_count":3}],"updated_date":"2026-03-27T14:29:43.386196","created_date":"2025-10-10T00:00:00"}
