An exploratory game-theoretic analysis of biomass electricity generation supply chain

Fuzhan Nasiri and Georges Zaccour

Energy Policy, 2009, vol. 37, issue 11, 4514-4522

Abstract: This study proposes a game-theoretic approach to model and analyze the process of utilizing biomass for power generation considering three players: distributor, facility developer, and participating farmer. We characterize the Nash equilibrium of the sequential game and discuss its features. A special attention is devoted to the analysis of the impact of incentives and initial target on the equilibrium, in which the biomass is part of electricity production.

Keywords: Biomass; Game; theory; Electricity (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (32)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:37:y:2009:i:11:p:4514-4522

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