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.
Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0612101-112012 |
Date | 12 June 2001 |
Creators | Chen, Chi-Zong |
Contributors | Ta-Peng Taso, Ming-Tong Tsay, Shih-Chish Hsiy, Whei-Min Lin, Tze-Yee Ho |
Publisher | NSYSU |
Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
Language | Cholon |
Detected Language | English |
Type | text |
Format | application/pdf |
Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0612101-112012 |
Rights | withheld, Copyright information available at source archive |
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