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A Stackelberg game for multi-period demand response management in the smart grid

A Stackelberg game for multi-period demand response management in the smart grid

This paper studies a multi-period demand response management problem in the smart grid where multiple utility companies compete among themselves. The user-utility interactions are modeled by a noncooperative game of a Stackelberg type where the interactions among the utility companies are captured through a Nash equilibrium. It is shown that …