Marousi, A;
Charitopoulos, VM;
(2023)
Game theoretic optimisation in process and energy systems engineering: A review.
Frontiers in Chemical Engineering
, 5
, Article 1130568. 10.3389/fceng.2023.1130568.
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Abstract
Game theory is a framework that has been used by various research fields in order to represent dynamic correlation among stakeholders. Traditionally, research within the process and energy systems engineering community has focused on the development of centralised decision making schemes. In the recent years, decentralised decision-making schemes have attracted increasing attention due to their ability to capture multi-stakeholder dynamics in a more accurate manner. In this article, we survey how centralised and decentralised decision making has been facilitated by game theoretic approaches. We focus on the deployment of such methods in process systems engineering problems and review applications related to supply chain optimisation problems, design and operations, and energy systems optimisation. Finally, we analyse different game structures based on the degree of cooperation and how fairness criteria can be employed to find fair payoff allocations.
| Type: | Article |
|---|---|
| Title: | Game theoretic optimisation in process and energy systems engineering: A review |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.3389/fceng.2023.1130568 |
| Publisher version: | https://doi.org/10.3389/fceng.2023.1130568 |
| Language: | English |
| Additional information: | © 2023 Marousi and Charitopoulos. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (http://creativecommons.org/licenses/by/4.0/). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. |
| Keywords: | process systems engineering, game theory, fairness schemes, supply chain optimisation, process design optimisation |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Chemical Engineering |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10167049 |
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