Search results for "game theory"

Cooperative game theory and its application to natural, environmental, and water resource issues : basic theory

Posted By Kaveh in Planning and Management

Game theory provides useful insights into the way parties that share a scarce resource may plan their use of the resource under different situations. This review provides a brief and self-contained introduction to the theory of cooperative games. It can be used to get acquainted with the basics of cooperative games. Its goal is also to provide a basic introduction to this theory, in connection wi -

Cooperative game theory and its application to water resources

Posted By Kaveh in Planning and Management

This paper reviews various applications of cooperative game theory (CGT) to issues of water resources. With an increase in the competition over various water resources, the incidents of disputes have been in the center of allocation agreements. The paper reviews the cases of various water uses, such as multi-objective water projects, irrigation, groundwater, hydropower, urban water supply, wastew -

Workshop on Game Theory in Energy, Resources and Environment

Posted By goopsgoops in Miscellaneous

Topics of interest include applications of game theory to:

* Electricity and gas (market design, investment decisions, imperfect competition models, regulation, etc.)
* Oil industry (international markets, competition in retail markets, etc.)
* Resources (fisheries, renewable and non renewable resources models, etc.)
* Environmental economics (international agreements, susta -

A Descriptive Model to Analyze Asymmetric Multilateral Negotiations: Case of Caspian Sea Conflict

Posted By misspersian in Planning and Management

In multi-lateral negotiations, parties can use their power (political, military, economic, etc.) to affect the final outcome of the game. In these games which are usually asymmetric, due to uneven powers of the negotiators, players seek reaching their most preferable outcome for which they can gain support from the other players. Conventional conflict resolution methods do not consider the power -

Transboundary water management: Game-theoretic lessons for projects on the US–Mexico border

Posted By Waterlover in Planning and Management

Of the twelve million people who live within 100 km of the US–Mexico border, 90 percent are clustered in transboundary sister cities that share common water sources and pollution problems. New institutions created to address environmental concerns over NAFTA offer the promise of greater financial and technical assistance for water management in border cities. This paper reviews US–Mexico border w -


Posted By goopsgoops in Planning and Management

Availability of natural resources such as water, forests and land throughout the world has decreased over time (both in terms of quantity and quality) as a result of development and expansion of urbanization and agriculture. The inevitable consequences of increased demand for, and decreased supply (including deteriorating quality) of, various natural resources, especially water, is an increase i -

A Game Theory Approach to Deciding Who Will Supply Instream Flow Water

Posted By macy in Planning and Management

The resource management problem for the Middle Platte ecosystem is the insufficient water available to meet both instream ecological demands and out-of-stream economic needs. This problem of multiple interest groups competing for a limited resource is compounded by sharp disagreement in the scientific community over endangered species' needs for instream flows. In this study, game theory was used -

Incentive compatibility and conflict resolution in international river basins: A case study of the Nile Basin

Posted By Ryan13 in Planning and Management

Nation-states rarely go to war over water, but it is equally rare that water conflicts in an international river basin are resolved through cooperation among the riparian countries that use the shared resources. Gains from cooperation will mean little to individual riparians unless the required cooperative behaviors are incentive compatible. Cooperative game theory offers useful insights for asse -

Game theory and water resources

Posted By Kaveh in Planning and Management

Managing water resources systems usually involves conflicts. Behaviors of stakeholders, who might be willing to contribute to improvements and reach a win–win situation, sometimes result in worse conditions for all parties. Game theory can identify and interpret the behaviors of parties to water resource problems and describe how interactions of different parties who give priority to their own ob -