Rational Exchange - A Formal Model Based on Game Theory

2001 ◽  
pp. 114-126 ◽  
Author(s):  
Levente Buttyán ◽  
Hubaux Jean-Pierre
Keyword(s):  
Game Theory ◽  
Formal Model ◽  
Model Based

scholarly journals A formal model based on Game Theory for the analysis of cooperation in distributed service discovery

2016 ◽  
Vol 326 ◽  
pp. 59-70 ◽  
Author(s):  
Guillem Martínez-Cánovas ◽  
Elena Del Val ◽  
Vicente Botti ◽  
Penélope Hernández ◽  
Miguel Rebollo
Keyword(s):  
Game Theory ◽  
Service Discovery ◽  
Formal Model ◽  
Model Based ◽  
Distributed Service

Grid Cyber-Physical System Risk Management Model Based on Cooperative Game Theory

2020 ◽  
Vol 21 (1) ◽  
Author(s):  
Cunbin Li ◽  
Ding Liu ◽  
Yi Wang ◽  
Chunyan Liang
Keyword(s):  
Game Theory ◽  
Risk Management ◽  
Cooperative Game ◽  
Physical System ◽  
Cooperative Game Theory ◽  
Power Grid ◽  
Management Model ◽  
Cyber Physical System ◽  
Model Based ◽  
Generation Power

AbstractAdvanced grid technology represented by smart grid and energy internet is the core feature of the next-generation power grid. The next-generation power grid will be a large-scale cyber-physical system (CPS), which will have a higher level of risk management due to its flexibility in sensing and control. This paper explains the methods and results of a study on grid CPS’s behavior after risk. Firstly, a behavior model based on hybrid automata is built to simulate grid CPS’s risk decisions. Then, a GCPS risk transfer model based on cooperative game theory is built. The model allows decisions to ignore complex network structures. On this basis, a modified applicant-proposing algorithm to achieve risk optimum is proposed. The risk management model proposed in this paper can provide references for power generation and transmission decision after risk as well as risk aversion, an empirical study in north China verifies its validity.

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