In the companion paper, we presented the negotiation model. In this paper, we analyze the model and apply it to power markets. In the application, we use agent to act as power company and the alternate-united array method is used to layout the order of the market bidding. In order to compare with the maximin algorithm, the maximax algorithm is used to calculate the correlative profits. The coalition is formed mostly via negotiation. The results indicate that this model can simulate the bidding behavior of the power company well.
展开▼