Bounded rational decision-making modeling and analysis in local energy markets: A state-of-the-art review
Yuanxing Xia, Ke Wang, Yu Huang, Tinjun Lin, Linjun Shi, Feng Wu
Topics & Concepts
Bounded rationalityEconomicsMicroeconomicsBehavioral economicsRationalityRational expectationsComputer scienceManagement scienceReputationIncentiveBounded functionTransaction costDiversity (politics)Efficient energy useBiddingEnergy (signal processing)CognitionEcological rationalityProspect theoryBehavioral modelingGame theoryComplete informationCognitive modelExperimental economicsPublic economicsIrrational numberEnergy policyEconomic modelOperations researchRational choice theory (criminology)SubsidyEconometricsEmpirical researchRational agentResource (disambiguation)MarketingPositive economicsEnergy marketSmart Grid Energy ManagementEnergy Efficiency and ManagementEnergy Load and Power Forecasting