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Original Articles

Chaos control on the repeated game model in electric power duopoly

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Pages 961-967 | Received 09 Nov 2006, Accepted 09 Mar 2007, Published online: 06 Jun 2008
 

Abstract

The chaos control method combining feedback control with parameter variation is successfully applied to the dynamic repeated Cournot model in electric power duopoly. Stability control of the period-doubling bifurcation and unstable periodic orbits in the chaotic attractor of the discrete non-linear dynamic system is achieved using this method, and the numerical simulation results show that this control method is effective. In practice, by utilizing the sensitivity of the model to disturbance, electric power producers could apply a small perturbation to the chaotic system and induce a large influence on electric output in order to obtain desirable behaviour.

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Acknowledgements

This paper was presented at ICDVC-2006 (Second International Conference on Dynamics Vibration and Control). This study is supported by the National Natural Science Foundation of China (60641006).

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