But this leads immediately to overbidding, because risk-neutral equilibriumbidding entails a great deal of shading: a buyer will bid only one-half her valuation.
In a competitive electricity market with demand side bidding, demand side can bid strategically to obtain the maximum gain and influence market equilibrium.
在具有需求方投标的电力市场中，需求方通过策略性投标以获取最大利润，从而影响了市场的均衡结果。
3
Using the Nash equilibrium principle of the game theory, and through the establishment of the game model of bidding, the cooperative bidding strategy of power generation companies are studied.