Analysis on Electricity-Coal Quality Problems Based on Trust Game Model

Abstract:

The quality of the electricity-coal affected the economic benefit of the thermal power plant and brought hidden risks to the safe operation of unit. Firstly, we analyze the impacts of thermal power plants test accuracy on electricity-coal suppliers decision-making. Secondly, we present the trust game model and studied the long-term cooperative relationship in electricity-coal suppliers decision-making. Finally, we make a calculation example about the game between the electricity-coal suppliers and the thermal power plant, and it shows that if both sides cooperate to establish a reasonable benefit-sharing mechanism, information asymmetry will be made up, and the quality of the electricity-coal can be ensured fundamentally.

• Periodical: Applied Mechanics and Materials (Volume 521)
• Pages: 777-781
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.521.777
• Online since: February 2014
• Authors: Shu Xia Yang*, Ruo Yang Li, Yi Lin Liu, Yuan Cao
• Keywords: Electricity-Coal Quality, Game Theory

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