Exploring the impact of boundedly rational power plant investment decision-making by applying prospect theory
Zhenmin Tao, J.A. Moncada, Erik Delarue
Topics & Concepts
Bounded rationalityEconomicsInvestment (military)MicroeconomicsPerspective (graphical)RationalityElectricityProspect theoryRational agentPower (physics)Electricity priceEnvironmental economicsComputer scienceNeoclassical economicsEngineeringElectrical engineeringPolitical sciencePoliticsQuantum mechanicsLawPhysicsArtificial intelligenceElectric Power System OptimizationCapital Investment and Risk AnalysisSmart Grid Energy Management