{"id":"https://openalex.org/W2921197189","doi":"https://doi.org/10.1142/s1793962319500107","title":"Agent-based dynamic simulation of an electricity market with multilateral bidding","display_name":"Agent-based dynamic simulation of an electricity market with multilateral bidding","publication_year":2019,"publication_date":"2019-03-17","ids":{"openalex":"https://openalex.org/W2921197189","doi":"https://doi.org/10.1142/s1793962319500107","mag":"2921197189"},"language":"en","primary_location":{"id":"doi:10.1142/s1793962319500107","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s1793962319500107","pdf_url":null,"source":{"id":"https://openalex.org/S107361000","display_name":"Advances in Complex Systems","issn_l":"0219-5259","issn":["0219-5259","1793-6802","1793-9615","1793-9623"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Modeling, Simulation, and Scientific Computing","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/A5101824858","display_name":"Jiahui Wu","orcid":"https://orcid.org/0000-0003-1806-3547"},"institutions":[{"id":"https://openalex.org/I162868743","display_name":"Tianjin University","ror":"https://ror.org/012tb2g32","country_code":"CN","type":"education","lineage":["https://openalex.org/I162868743"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Jiahui Wu","raw_affiliation_strings":["Key Laboratory of the Ministry of Education on Smart Power Grids, Tianjin University, Tianjin 300072, P. R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of the Ministry of Education on Smart Power Grids, Tianjin University, Tianjin 300072, P. R. China","institution_ids":["https://openalex.org/I162868743"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100758557","display_name":"Jidong Wang","orcid":"https://orcid.org/0000-0002-7127-2244"},"institutions":[{"id":"https://openalex.org/I162868743","display_name":"Tianjin University","ror":"https://ror.org/012tb2g32","country_code":"CN","type":"education","lineage":["https://openalex.org/I162868743"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jidong Wang","raw_affiliation_strings":["Key Laboratory of the Ministry of Education on Smart Power Grids, Tianjin University, Tianjin 300072, P. R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of the Ministry of Education on Smart Power Grids, Tianjin University, Tianjin 300072, P. R. China","institution_ids":["https://openalex.org/I162868743"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5041481860","display_name":"Yuanyuan Yan","orcid":"https://orcid.org/0000-0003-0245-341X"},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yuanyuan Yan","raw_affiliation_strings":["Department of Automation, Tsinghua University, Beijing 100084, P. R. China"],"affiliations":[{"raw_affiliation_string":"Department of Automation, Tsinghua University, Beijing 100084, P. R. China","institution_ids":["https://openalex.org/I99065089"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5101824858"],"corresponding_institution_ids":["https://openalex.org/I162868743"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.01489429,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"10","issue":"03","first_page":"1950010","last_page":"1950010"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9984999895095825,"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":0.9984999895095825,"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/T11182","display_name":"Auction Theory and Applications","score":0.9901000261306763,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9876999855041504,"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/bidding","display_name":"Bidding","score":0.8660596609115601},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.8121205568313599},{"id":"https://openalex.org/keywords/game-theory","display_name":"Game theory","score":0.5581743717193604},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5458895564079285},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5262816548347473},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.4804913103580475},{"id":"https://openalex.org/keywords/resource","display_name":"Resource (disambiguation)","score":0.4575355350971222},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.44796988368034363},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4034883379936218},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.30967003107070923},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.2024753987789154},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.09395235776901245}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.8660596609115601},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.8121205568313599},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.5581743717193604},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5458895564079285},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5262816548347473},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.4804913103580475},{"id":"https://openalex.org/C206345919","wikidata":"https://www.wikidata.org/wiki/Q20380951","display_name":"Resource (disambiguation)","level":2,"score":0.4575355350971222},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.44796988368034363},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4034883379936218},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.30967003107070923},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.2024753987789154},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.09395235776901245},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C31258907","wikidata":"https://www.wikidata.org/wiki/Q1301371","display_name":"Computer network","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:10.1142/s1793962319500107","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s1793962319500107","pdf_url":null,"source":{"id":"https://openalex.org/S107361000","display_name":"Advances in Complex Systems","issn_l":"0219-5259","issn":["0219-5259","1793-6802","1793-9615","1793-9623"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Modeling, Simulation, and Scientific Computing","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.41999998688697815,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"}],"awards":[{"id":"https://openalex.org/G4760433175","display_name":null,"funder_award_id":"51477111","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":3,"referenced_works":["https://openalex.org/W2598075689","https://openalex.org/W2896266951","https://openalex.org/W3011439212"],"related_works":["https://openalex.org/W3117163868","https://openalex.org/W2394450267","https://openalex.org/W3005545942","https://openalex.org/W2356680598","https://openalex.org/W2966111772","https://openalex.org/W2385067961","https://openalex.org/W2299915012","https://openalex.org/W2383586764","https://openalex.org/W4327773935","https://openalex.org/W2014767125"],"abstract_inverted_index":{"The":[0,124],"electricity":[1,40,48,88,165,182],"market":[2,41,49,106,113,166],"is":[3,67,107,122,141,150,167],"a":[4,46,53,64,74,110,171],"complex":[5],"system":[6],"in":[7,57,80,99,143,163,180],"which":[8,16,63,169],"participants":[9],"interact":[10],"and":[11,73,109,138,146],"compete":[12],"with":[13,21],"each":[14],"other,":[15],"makes":[17],"description":[18],"of":[19,34,94,102],"them":[20],"mathematical":[22],"models":[23],"difficult.":[24],"To":[25],"solve":[26],"these":[27],"difficulties,":[28],"computer":[29],"simulation":[30,75,92,116,148,162],"has":[31,50],"become":[32],"one":[33],"the":[35,58,68,85,100,103,130,144,147,164,181],"main":[36],"methods":[37],"for":[38,62,174],"studying":[39],"problems.":[42],"How":[43],"to":[44,83],"establish":[45],"reasonable":[47],"always":[51],"been":[52],"major":[54],"research":[55],"issue":[56],"electric":[59],"power":[60,104,112,132,135],"industry,":[61],"key":[65],"point":[66],"bidding":[69,105,114,126],"mechanism.":[70],"Agent-based":[71],"modeling":[72],"(ABMS)":[76],"method":[77,93,149],"are":[78],"used":[79],"this":[81],"paper":[82],"study":[84],"imperfect":[86],"competitive":[87,159],"market.":[89,183],"An":[90],"agent-based":[91,157],"multilateral":[95],"bargaining":[96],"game":[97,120,127,161],"theory":[98,121],"dynamics":[101,115],"presented,":[108],"multi-agent":[111],"model":[117],"based":[118],"on":[119],"established.":[123],"dynamic":[125,160],"behavior":[128],"among":[129],"government,":[131],"grid":[133],"companies,":[134,137],"plant":[136],"consumer":[139],"parties":[140],"simulated":[142],"market,":[145],"realized":[151],"by":[152],"Anylogic":[153],"software.":[154],"Finally,":[155],"an":[156],"four-party":[158],"implemented,":[168],"provides":[170],"theoretical":[172],"reference":[173],"further":[175],"understanding":[176],"resource":[177],"optimization":[178],"problems":[179]},"counts_by_year":[{"year":2024,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}