Real-time water allocation policies calculated with bankruptcy games and genetic programing

Bankruptcy Assessment with the Interval Programming and Games Theory

Some of the parameters in issues of the reality world are uncertainty. One of the uncertain problems with the qualitative parameters is economic problems such as bankruptcy problem. In this case, there is a probability of dealing with imprecise concepts including the intervals regarding the official’s viewpoint, organizations’ managers. Accordingly, this article uses the concepts of data envelo...

A Compromise Stable Extension of Bankruptcy Games: Multipurpose Resource Allocation

This paper considers situations characterized by a common-pool resource, which needs to be divided among agents. Each of the agents has some claim on this pool and an individual reward function for assigned resources. This paper analyzes not only the problem of maximizing the total joint reward, but also the allocation of these rewards among the agents. Analyzing these situations a new class of...

Weighted Bankruptcy Rules and Transboundary Water Resources Allocation

One significant problem of transboundary river basins causing various challenges and disputes throughout the world is that because of increasing water resource variability and consumption, the water demand often exceeds water availability. Hence, one of the main challenges in transboundary river basin management is how to allocate the available water among the riparian states equitably and reas...

Bankruptcy and risk allocation.

Application of the Bankruptcy Theory and Conflicting Claims on Water Resources Allocation of Zayanderud

Solving the Water conflict and optimal allocation of common water resources are the most important service of cooperative game theory to water economics. Zayandehrud basin is the most important disputed basin in several neighboring provinces in the first class basin of Iran's central plateau. The purpose of this research is to use the game theory with application of Bankruptcy approach (conflic...