Analysis of Information Disclosure Impact on Bidding Strategies for Generation Companies
Information plays a basic role of triggering transactions and competition guide in each market. In the process of building the electricity market, information adequacy, accuracy, timeliness, cost of access to information, the ability to use information and the fairness will have great impact on the market participants. Therefore, from the basic theory of information economics, this paper applies the game theory to analyze bidding strategies adopted by generation side members in different degrees of information in electricity trading, and studies the impact of information on the bidding strategy for generation side of electricity trading.