An exploratory game-theoretic analysis of biomass electricity generation supply chain
AbstractThis study proposes a game-theoretic approach to model and analyze the process of utilizing biomass for power generation considering three players: distributor, facility developer, and participating farmer. We characterize the Nash equilibrium of the sequential game and discuss its features. A special attention is devoted to the analysis of the impact of incentives and initial target on the equilibrium, in which the biomass is part of electricity production.
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Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 37 (2009)
Issue (Month): 11 (November)
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Web page: http://www.elsevier.com/locate/enpol
Biomass Game theory Electricity;
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