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Record W2983318634 · doi:10.1109/tla.2019.8891956

An Agent-Based Model Applied to Brazilian Wind Energy Auctions

2019· article· en· W2983318634 on OpenAlexaff
Marcos Machado, Murilo Kenichi Fujii, Celma de Oliveira Ribeiro, Erik Eduardo Rego

Bibliographic record

VenueIEEE Latin America Transactions · 2019
Typearticle
Languageen
FieldDecision Sciences
TopicAuction Theory and Applications
Canadian institutionsOntario Tech University
Fundersnot available
KeywordsCommon value auctionGovernment (linguistics)MicroeconomicsForward auctionElectricityComputer scienceBusinessWind powerEconomicsMathematical optimizationAuction theoryEngineeringMathematics

Abstract

fetched live from OpenAlex

This article, for the first time, adopts the agent-based model simulation technique to analyze the pricing process of energy in the Brazilian electricity market (auctions). Within this model, it is possible to analyze how the energy price is affected when a government intervention is observed through the increase in number of public companies participating in the auctions. In this paper, auctions of new and reserve energy of wind power are simulated. Through this model it is possible to compare the choice of bids from participating sellers in the auctions, categorized in two different groups: public and private companies. The agents (sellers) participate in the auctions by learning from the historical and simulated auctions that is regulated by the Brazilian government. Learning is performed through the usage of a variation of the Q-learning algorithm, which provides the sellers the optimal price-bid considering the conditions presented, which means that this price-bid will provide them the maximum reward possible. The results clearly show the average price difference between both generator profiles. In addition, it is possible to state that the price of energy changes due to the relative participation of public or private sellers in the auctions.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.002
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.022
Threshold uncertainty score0.043

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.002
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0020.001
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.045
GPT teacher head0.338
Teacher spread0.294 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2019
Admission routes1
Has abstractyes

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Same venueIEEE Latin America TransactionsSame topicAuction Theory and ApplicationsFrench-language works237,207