Behavioral perspective of power systems鈥?decision makers

详细信息    查看全文

• 作者：G. Carpinelli^a ; ^{guido.carpinelli@unina.it" class="auth_mail} ; A. Russo^b ; ^{angela.russo@polito.it" class="auth_mail}
• 关键词：Decision analysis ; Prospect Theory ; Maximization of expected utility ; Uncertainty and risk ; Power systems
• 刊名：International Journal of Electrical Power and Energy Systems
• 出版年：June, 2014
• 年：2014
• 卷：58
• 期：Complete
• 页码：111-119
• 全文大小：449 K

文摘

Several power system problems require solutions in an uncertain environment. According to the relevant literature, expected utility theory (EUT) has been used extensively to solve such problems. However, the application of Prospect Theory (PT) has demonstrated that people deviate from the expected utility maximization because their effective behaviors reflect loss aversion and risk-seeking, reflection effects. The aim of this paper was to compare and critically analyze EUT and PT with the goal of outlining the different behaviors of a 鈥渞eal鈥?decision maker (DM) and an 鈥渋deal鈥?DM, with the real DM operating in the frame of PT and the ideal DM operating as EUT describes. The results of using the two different theories were compared by solving three power-system problems in uncertain scenarios.