Báo Cáo Application of Game theory for bilateral contract in Vietnam electrical market

ABSTRACT
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For bidding strategy in elctrical market, game theory is applied. For bilateral contracts, Nash
game is the effective approach to find the equilibrium point. For the young electrical market in
Viet nam with the specify of the existence of on EVN(Customer) and many GENCO, the bidding
strategy of GENCO has little different feature. This paper introduces the application of Nash
game for the mentioned situation