Prospect Theory with Bounded Temporal Horizon for Modeling Prosumer Behavior in the Smart Grid
We study prosumer decision-making in the smart grid in which a prosumer must decide whether to make a sale of solar energy units generated at her home every day or hold (store) the energy units in anticipation of a future sale at a better price. Specifically, we enhance a Prospect Theory (PT)-based...
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Autores principales: | Mohsen Rajabpour, Mohammad Yousefvand, Robert Mulligan, Narayan B. Mandayam |
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Formato: | article |
Lenguaje: | EN |
Publicado: |
MDPI AG
2021
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Materias: | |
Acceso en línea: | https://doaj.org/article/353d107d6f1248449e7b8da95214bcf2 |
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