Efficient Auction Games

Theories, Algorithms and Applications in Smart Grids & Electric Vehicle Charging

Suli Zou, Zhongjing Ma

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Springer Singapore img Link Publisher

Naturwissenschaften, Medizin, Informatik, Technik / Elektronik, Elektrotechnik, Nachrichtentechnik

Beschreibung

This book focuses on the design of efficient & dynamic methods to allocate divisible resources under various auction mechanisms, discussing their applications in power & microgrid systems and the V2G & EV charging coordination problems in smart grids. It describes the design of dynamic methods for single-sided and double-sided auction games and presents a number of simulation cases verifying the performances of the proposed algorithms in terms of efficiency, convergence and computational complexity. Further, it explores the performances of certain auction mechanisms in a hierarchical structure and with large-scale agents, as well as the auction mechanisms for the efficient allocation of multi-type resources. Lastly, it generalizes the main and demonstrates their application in smart grids.  

This book is a valuable resource for researchers, engineers, and graduate students in the fields of optimization, game theory, auction mechanisms and smart grids interested indesigning dynamic auction mechanisms to implement optimal allocation of divisible resources, especially electricity and other types of energy in smart grids.

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Schlagwörter

Multitype resources, Market clearing price auction, Smart grids, Dynamic implementation of NE, Progressive second price auction mechanism,, Incentive compatibility, Vehicle to grid (V2G), Nash equilibrium (NE), Auction mechanism, Auction games, Computational complexity, Large-scale systems, Divisible resource allocation, EV charging coordination, Microgrid systems, Electric vehicles (EV)