The main goal of this work is to design a team of agents that can accomplish consensus over a common value for the agents’ output using cooperative game theory approach. A semi-decentralized optimal control strategy that was recently introduced by the authors is utilized that is based on minimization of individual cost using local information. Cooperative game theory is then used to ensure team...

The purpose of this paper is multi-objective optimization of refrigeration cycle by optimization of all components of the cycle contains heat exchangers, air condenser, evaporator and super-heater. Studied refrigeration cycle is compression refrigeration cycle of unit 132 Third refineries in south pars that provide chilled water for cooling refinery equipment's. Cycle will be performed by t...

In the precast structures, optimization of structural elements is of great interest mainly due to a more rationalized way that elements are produced. There are several elements of precast prestressed concrete that are objects of study in optimization processes, as the prestressed joist applied in buildings slabs. This article inquires into cost minimization of continuous and simply supported sl...

A Payment Cost Minimization auction has been proposed as an alternative to the Offer Cost Minimization auction for use in wholesale electric power markets with an intention to lower procurement cost of electricity. Efficiency concerns have been raised for this proposal while assuming that the true production costs would be revealed to the auctioneer in a competitive market. Using an experimenta...