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Transmission investment cost allocation within the cooperative game framework

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

This paper identifies the situations in which transmission investment are good for society as a whole but not necessarily for each agent. Regarding these situations, we define the rules for the allocation of transmission investment costs from the perspective of cooperative game theory. The main idea is that each investment cost allocation problem can be formulated into a cooperative game. Then one can apply well-known game theoretic solutions concepts such as the Shapley Value, core and nucleolus to the game induced by the cost allocation problem and obtain the corresponding cost allocations.

Original languageEnglish
Title of host publication2006 IEEE PES Power Systems Conference and Exposition, PSCE 2006 - Proceedings
Pages1971-1977
Number of pages7
DOIs
StatePublished - 1 Dec 2006
Externally publishedYes
Event2006 IEEE PES Power Systems Conference and Exposition, PSCE 2006 - Atlanta, GA, United States
Duration: 29 Oct 20061 Nov 2006

Publication series

Name2006 IEEE PES Power Systems Conference and Exposition, PSCE 2006 - Proceedings

Conference

Conference2006 IEEE PES Power Systems Conference and Exposition, PSCE 2006
Country/TerritoryUnited States
CityAtlanta, GA
Period29/10/061/11/06

Keywords

  • Allocation rule
  • Bankruptcy problem
  • Cooperative game
  • Core
  • Nucleolus
  • Shapley value

ASJC Scopus subject areas

  • Energy Engineering and Power Technology

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