Broadening the Scope of Analysis for Peer-to-Peer Local Energy Markets to Improve Design Evaluations: An Agent-Based Simulation Approach

2021 ◽  
pp. 238-253
Author(s):  
Steven Beattie ◽  
Wai-Kin Victor Chan
Keyword(s):  
Energy Markets ◽  
Peer To Peer ◽  
Local Energy ◽  
Simulation Approach ◽  
Agent Based Simulation ◽  
Agent Based ◽  
Improve Design

Simulation for Business Engineering of Electronic Markets

2011 ◽  
pp. 163-169
Author(s):  
Marijn Janssen ◽  
Henk G. Sol
Keyword(s):  
Information Systems ◽  
Discrete Event ◽  
Electronic Markets ◽  
Simulation Approach ◽  
Agent Based Simulation ◽  
Agent Based ◽  
Market Structures ◽  
Information And Communication ◽  
Business Engineering ◽  
Insight Into

Developments in Information and Communication Technology (ICT) enable information systems to intermediate between sellers and buyers in electronic markets (e-markets). A business engineering methodology can be of help to design and develop e-markets by providing insight into current market and potential e-market structures, matching mechanisms and processes, and by evaluating the implications of e-markets. In this chapter, a first concept of an interactive, discrete-event, agent-based simulation approach for the analyses and design of e-markets is presented and evaluated.

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