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Fig. 2 | Energy Informatics

Fig. 2

From: Renewable electricity trading through SLAs

Fig. 2

The generalized expected value function of buyers. The expected value function \(\mathcal {V}_{i}\) of a buyer agent with regards to the reliability γi of an SLA. At full reliability (γi=1) the expected value of the SLA by the buyer agent is equal to vi which is determined by the private value αi and the demand di. The value of βi distinguishes different attitudes of buyer i towards the reliability γi. The values used for the illustration are βi={−2.5,0,2.5}

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