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In the transboundary water resources allocation issues, there has been so far very limited progress made in terms of allocation techniques. This study introduces a composite water resources allocation approach that integrates both game theory and Pareto frontier technique over the case of the...
Persistent link: https://www.econbiz.de/10011332551
Despite linear programming and duality have correctly been incorporated in algorithms to compute the nucleolus, we have found mistakes in how these have been used in a broad range of applications. Overlooking the fact that a linear program can have multiple optimal solutions and neglecting the...
Persistent link: https://www.econbiz.de/10011097058
Despite linear programming and duality have correctly been incorporated in algorithms to compute the nucleolus, we have found mistakes in how these have been used in a broad range of applications. Overlooking the fact that a linear program can have multiple optimal solutions and neglecting the...
Persistent link: https://www.econbiz.de/10011117464
There are varying and inconsistent claims among countries sharing the same river basins. While upstream countries are asserting that they regulate flows through built-up reservoirs (enabling flood prevention) and reduce seasonal flow variations (providing water during drought seasons),...
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We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
Persistent link: https://www.econbiz.de/10009754113