On Strategy of Power Plant Investment Incompliance with Nations Electricity Reform
Based on option games theory, the author analyzed the investment decision of power plant under asymmetrical duopoly. Under uncertainty and different investment cost, the option and game theory was applied to research the optimal Nash equilibrium strategies of one or more firm. We use Matlab software to simulate the example and illuminate the economic meanings of the decision. The papers work will contribute to our power plant investment practice in our country on the background of electricity reform.
Electricity Reform Power Plant Option Games Optimization Decision
MENG Li
School of Management,Xiamen University,P.R.China,361005
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
136-140
2008-05-18(万方平台首次上网日期,不代表论文的发表时间)