Robust market design for power industry deregulation by simulations

摘要: Abstract This paper proposes one concept of robust market design subject to stakeholders’ strategic behavior. The key is the application computer simulations, which used as a tool avoid detectable loopholes in market. An example illustrates method. Computer simulation not only provides much information about dynamics economic agents’ interaction, but also allows modeling aggregate outcomes from heterogeneous individual With this method, policymakers have better opportunity communicate with others and understand possible consequences different decisions under optional policies conditions.