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Real-time pricing DSM (demand side management) is widely used to dynamically change or shift the electricity consumption in the smart grid. In this paper, a game decision making scheme is proposed in the smart grid with DSM. The interaction between two retailers and their wholesaler is modeled as a two-stage game model. Considering the competition between two retailers, two different game models are developed in terms of the different action order between retailers and their wholesaler. Throughdoi:10.1155/2014/708584 fatcat:fob46gk3zvc43avxiikmfmiag4