TY - GEN
T1 - The generalized N&K value
T2 - 17th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2018
AU - Burgess, Mark Alexander
AU - Chapman, Archie C.
AU - Scott, Paul
N1 - Publisher Copyright:
© 2018 International Foundation for Autonomous Agents and Multiagent Systems (www.ifaamas.org). All rights reserved.
PY - 2018
Y1 - 2018
N2 - We introduce an axiomatic solution concept for generalized non-cooperative games called the generalized N&K value. It is applied as a mechanism for determining appropriate financial transfers over DC optimal power flow (DC-OPF) instances in an electrical network. The generalized N&K value rewards network participants in proportion to the competitive position of the coalitions that they could be part of. In this way it reflects the relative bargaining powers of the electrical network participants.
AB - We introduce an axiomatic solution concept for generalized non-cooperative games called the generalized N&K value. It is applied as a mechanism for determining appropriate financial transfers over DC optimal power flow (DC-OPF) instances in an electrical network. The generalized N&K value rewards network participants in proportion to the competitive position of the coalitions that they could be part of. In this way it reflects the relative bargaining powers of the electrical network participants.
KW - Auctions and mechanism design
KW - Game theory for practical applications
KW - Noncooperative games: theory & analysis
UR - http://www.scopus.com/inward/record.url?scp=85054733192&partnerID=8YFLogxK
M3 - Conference contribution
SN - 9781510868083
T3 - Proceedings of the International Joint Conference on Autonomous Agents and Multiagent Systems, AAMAS
SP - 1883
EP - 1885
BT - 17th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2018
PB - International Foundation for Autonomous Agents and Multiagent Systems (IFAAMAS)
Y2 - 10 July 2018 through 15 July 2018
ER -