Playing Stackelberg Games in Power Systems (Download)

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The Stackelberg game approach is defined as a strategic game in economics. It models a competition between a leader and a follower. This article highlights some Stackelberg games for power systems.

Our first game will be to create a Stackelberg game for voltage stability in cybersecurity power systems.¹ This game will have an attacker and a defender in such a power system. Investment resources will be strategically allocated so that we optimize the players’ performance objectives while also saving costs. It was demonstrated that the voltage stability will be maintained unless a defender’s security budget is far lower than an attacker’s budget.