Results 41 to 50 of about 6,511,477 (348)
Incentivizing Prosumer Coalitions With Energy Management Using Cooperative Game Theory
The advances in distributed renewable generation technologies in recent years have started to cause load balancing issues in power networks. Distributed energy storage (ES) systems, although seen as a tool to mitigate the stress on local networks, tend ...
Liyang Han, Thomas Morstyn, M. Mcculloch
semanticscholar +1 more source
Game semantics is a valuable source of fully abstract models of programming languages or proof theories based on categories of so-called games and strategies. However, there are many variants of this technique, whose interrelationships largely remain to be elucidated. This raises the question: what is a category of games and strategies?
Hirschowitz, Michel+2 more
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Linear–Quadratic Mean-Field-Type Games: A Direct Method
In this work, a multi-person mean-field-type game is formulated and solved that is described by a linear jump-diffusion system of mean-field type and a quadratic cost functional involving the second moments, the square of the expected value of the state,
Tyrone E. Duncan, Hamidou Tembine
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Endogenous social distancing and its underappreciated impact on the epidemic curve
Social distancing is an effective strategy to mitigate the impact of infectious diseases. If sick or healthy, or both, predominantly socially distance, the epidemic curve flattens.
Marko Gosak+4 more
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Game theory and fisheries [PDF]
Abstract Game theory studies the strategic interactions between and among decision makers, players, through mathematical models called games. This paper presents an overview on the evolution of the application of game theory to fisheries economics.
Grønbæk, Lone+3 more
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Pattern Formation and Tropical Geometry
Sandpile models exhibit fascinating pattern structures: patches, characterized by quadratic functions, and line-shaped patterns (also called solitons, webs, or linear defects).
Nikita Kalinin, Nikita Kalinin
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A Stochastic Maximum Principle for Markov Chains of Mean-Field Type
We derive sufficient and necessary optimality conditions in terms of a stochastic maximum principle (SMP) for controls associated with cost functionals of mean-field type, under dynamics driven by a class of Markov chains of mean-field type which are ...
Salah Eddine Choutri, Tembine Hamidou
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The behavioral model and game theory
The rational choice theory is based on this idea that people rationally pursue goals for increasing their personal interests. Here, we present a new concept of rational choice as a hyper-rational choice in which the actor thinks about profit or loss of ...
G. Askari, M. Gordji, Choonkill Park
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Evolutionary Game Theory: A Renaissance
Economic agents are not always rational or farsighted and can make decisions according to simple behavioral rules that vary according to situation and can be studied using the tools of evolutionary game theory.
Jonathan Newton
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Game theory in solving conflicts on local government level
Game theory is often used while making decisions in situations of conflicted interests. This research studies practical application of game theory with emphasis on applying linear programming, i.e.
Nikolina Žajdela Hrustek+2 more
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