An Ontology Driven Model approach for the creation and evaluation of models in the electricity retail market: A research in progress
| Type of publication: | Inproceedings |
| Citation: | |
| Journal: | Proceedings of the 30th IEEE International Conference on Advanced Information Networking and Applications (IEEE AINA 2016) |
| Year: | 2016 |
| Month: | March |
| Pages: | 1124 -- 1129 |
| Publisher: | IEEE |
| Location: | Crans Montana, Switzerland |
| DOI: | 10.1109/AINA.2016.135 |
| Abstract: | Agent Based Simulation has enabled economist to model and analyses strategic decisions of participants as well as political decision markers by using social-behavioral and economic technical aspects simultaneously. While Agent-based Simulation has had a significant contribution to the study the energy market by allowing economists and researchers to model the complexity and dynamics of real electricity markets, it has proved to be limited in some ways: Agent-based models do not involve methodological aspects for enabling the creation of models from a participative multi-disciplinary perspective. In many cases, modelers (programmers, economists or researchers) need to assume the knowledge of multiple domain areas for designing and implementing the models, they must have the ability to handle different domain such as sociology, economy and computer science. This paper shows how the use of an Ontology Driven Model approach in conjunction with methods from the Agent Computational Economics and other complementaries methodological aspects can contribute to improve such shortcomings. |
| Keywords: | Multi-agent based simulation, Ontology, Semantic Web Technologies |
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| Added by: | [] |
| Total mark: | 0 |
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