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DOI10.1016/j.enpol.2022.113059
Promoting dynamic pricing implementation considering policy incentives and electricity retailers’ behaviors: An evolutionary game model based on prospect theory
Dong J.; Jiang Y.; Liu D.; Dou X.; Liu Y.; Peng S.
发表日期2022
ISSN0301-4215
卷号167
英文摘要As one method of demand-side management, dynamic pricing benefits society by promoting power supply and demand balance, renewable energy consumption, and market efficiency improvement. However, due to the novelty of dynamic pricing, it has not been well promoted among consumers in China. The regulators, electricity retailers and consumers all have a critical role to play in promoting dynamic pricing, and they have both common interests and mutual constraints. Coordinating the interests of the three parties will facilitate the promotion of dynamic pricing. This study establishes an evolutionary game model for these three parties from a bounded rationality perspective and investigates each party's dynamic evolution strategy. The findings indicate that the subsidy from the regulator, the cost of promoting dynamic pricing, the electricity price level, the consumer's responsiveness, and psychological factors all influence the promotion of dynamic pricing. The findings suggest policy recommendations for accelerating the development of dynamic pricing and a healthy electricity retail market. © 2022 Elsevier Ltd
英文关键词Dynamic pricing; Electricity retailers; Evolutionary game; Prospect theory
语种英语
scopus关键词Costs; Electric power systems; Energy utilization; Game theory; Power markets; Dynamic pricing; Electricity retailer; Evolutionary game models; Evolutionary games; Model-based OPC; Policy incentives; Power demands; Power supply; Prospect theory; Three-party; Sales; demand-side management; electricity supply; incentive; numerical model; policy implementation; price dynamics; retailing; theoretical study; China
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256161
作者单位School of Economics and Management, North China Electric Power University, Beijing, 102206, China
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GB/T 7714
Dong J.,Jiang Y.,Liu D.,等. Promoting dynamic pricing implementation considering policy incentives and electricity retailers’ behaviors: An evolutionary game model based on prospect theory[J],2022,167.
APA Dong J.,Jiang Y.,Liu D.,Dou X.,Liu Y.,&Peng S..(2022).Promoting dynamic pricing implementation considering policy incentives and electricity retailers’ behaviors: An evolutionary game model based on prospect theory.Energy Policy,167.
MLA Dong J.,et al."Promoting dynamic pricing implementation considering policy incentives and electricity retailers’ behaviors: An evolutionary game model based on prospect theory".Energy Policy 167(2022).
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