Publication:
Using the decentralized and liberalized electricity market microworld (LEMM) As an educational tool

dc.contributor.authorPaşaoğlu, Güzay
dc.contributor.authorIDTR207355tr_TR
dc.date.accessioned2016-09-08T10:33:07Z
dc.date.available2016-09-08T10:33:07Z
dc.date.issued2011-01
dc.description.abstractDecentralized and liberalized electricity market involves a great deal of interdisciplinary concepts, including economic, commercial, environmental and technological issues. Consequently, the system is complicated. Accordingly, nowadays introductory courses focusing on the electricity market dynamics have been added to the curriculum at many universities. However, as the electricity market dynamics are complicated, it is not straightforward for students to understand. A teaching tool to assist students to better understand strategic behaviors in the market is thus in high demand. Due to these reasons, Liberalized Electricity Market Microworld (LEMM), incorporating a system dynamics based simulation model, is developed. The LEMM's contribution to the students learning and understanding of the decentralized and liberalized electricity market dynamics have been explored by organizing game sessions with the LEMM for totally 49 students who participated in "Energy Policy and Planning" course in Bogazici University. The findings obtained from the exploratory study reveal that the students improved their understanding of the liberalized and decentralized electricity market through the game session with the LEMM. In this paper, the general characteristics of the LEMM and the underlying model are presented, the microworlds', particularly the LEMM's potential contribution to learning and teaching is discussed. (C) 2010 Elsevier Ltd. All rights reserved.tr_TR
dc.identifier.issn0301-4215
dc.identifier.scopus2-s2.0-78549248808
dc.identifier.urihttp://hdl.handle.net/11413/1464
dc.identifier.wos285492000017
dc.language.isoen
dc.publisherElsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford Ox5 1Gb, Oxon, England
dc.relationEnergy Policytr_TR
dc.subjectliberalized electricity markettr_TR
dc.subjectMicroworldtr_TR
dc.subjectSimulationtr_TR
dc.subjectDynamic Decision-Makingtr_TR
dc.subjectManagement Educationtr_TR
dc.subjectSimulationstr_TR
dc.subjectFeedbacktr_TR
dc.subjectGamestr_TR
dc.subjectMisperceptionstr_TR
dc.subjectBehaviortr_TR
dc.subjectIndustrytr_TR
dc.subjectRisktr_TR
dc.subjectLiberal Elektrik Piyasasıtr_TR
dc.subjectMikro Dünyatr_TR
dc.subjectSimülasyontr_TR
dc.subjectDinamik Karar Vermetr_TR
dc.subjectYönetimi Eğitimitr_TR
dc.subjectSimülasyonlartr_TR
dc.subjectGeri Bildirimtr_TR
dc.subjectOyunlartr_TR
dc.subjectYanlış Algılamalartr_TR
dc.subjectDavranıştr_TR
dc.subjectSanayitr_TR
dc.titleUsing the decentralized and liberalized electricity market microworld (LEMM) As an educational tooltr_TR
dc.typeArticle
dspace.entity.typePublication
local.indexed.atWOS
local.indexed.atScopus

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