Restructuring in the electricity industry -- Game theory and strategic bidding -- Adaptation for N-person games -- Sensitivity analysis of uncertainties -- Price strategies in mixed-strategy solutions -- Conclusion

This paper outlines the essentials of electricity market regulation in the United States and in California. It deals with the Federal laws (PUHCA, FPA, PURPA, EPAct) and with the regulatory policy of the Federal Energy Regulatory Commission (FERC) (particularly order 888, 889, and 2000)....