A linear programming model is introduced to solve cooperative games. The solution is always Pareto optimal. It is based on the idea of the core but instead of requiring rationality for all groups, a multiobjective approach is proposed including the importance weights of the players. A case study illustrates the application of this method.
|Number of pages
|International Journal of Electrical Power and Energy Systems
|Published - 2009
- Game theory
- Multiobjective programming
- Transmission expansion cost allocation