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DOI | 10.1016/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 |
ISSN | 0301-4215 |
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
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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 |
推荐引用方式 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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