Modeling and Comparative Analysis of Multi-Agent Cost Allocation Strategies Using Cooperative Game Theory for the Modern Electricity Market

The electrical market scenario has changed drastically in the last decade. In the presence of increased competition and less tolerant players, more sophisticated methods are required to balance the diversity and differential pricing while promoting cooperation among the agents. In the monopolistic e...

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Bibliographic Details
Main Authors: Smita Shandilya, Zdzislaw Szymanski, Shishir Kumar Shandilya, Ivan Izonin, Krishna Kant Singh
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/7/2352