Search results for "Market oriented"
showing 2 items of 2 documents
Market-oriented analysis for active distribution systems
2009
Distribution networks are today the place where demand and offer are physically located and meet. Offer comes from Generation companies, through distributed generation, while demand is usually represented by simple users. Distribution company both buy and sell energy so they implement both sides. The EU promotes the free market and the renewable energy sources (RES) supported by the distributed generation technology. The technical-economical scenario in which distributed generation is thus growing is complex and comprises a large number of stakeholders. The authors, on the basis of previous studies want to analyse the problem of identifying sets of stakeholders sharing the common interest o…
Marginal contribution, reciprocity and equity in segregated groups: Bounded rationality and selforganization in social networks
2007
We study the formation of social networks that are based on local interaction and simple rule following. Agents evaluate the profitability of link formation on the basis of the Myerson-Shapley principle that payoffs come from the marginal contribution they make to coalitions. The NP-hard problem associated with the Myerson-Shapley value is replaced by a boundedly rational 'spatially' myopic process. Agents consider payoffs from direct links with their neighbours (level 1), which can include indirect payoffs from neighbours' neighbours (level 2) and up to M-levels that are far from global. Agents dynamically break away from the neighbour to whom they make the least marginal contribution. Com…