The Government Incentive Regulation Model and Pricing Mechanism in Power Transmission and Distribution Market

Table 1

Sensitivity analyses for social welfare versus .

Technical parameter	Basement and changes of	Social welfare
	+50%	+0.6391
	+25%	+0.2843
	1.2	0.4060
	−25%	−0.2139
	−50%	−0.3572
	+50%	+0.5746
	+25%	+0.2521
	1.2	0.3006
	−25%	−0.1815
	−50%	−0.2926
	+50%	+0.5100
	+25%	+0.2197
	1.2	0.1997
	−25%	−0.1493
	−50%	−0.2281
	+50%	+0.4454
	+25%	+0.1875
	1.2	0.1031
	−25%	−0.1170
	−50%	−0.1635