New game theory model reveals fairer cost allocation in power systems
The article uses cooperative game theory to figure out how to fairly split the cost of power losses in transmission systems between generators and users. They looked at different ways to divvy up the costs, like the Core, Shapley Value, Bilateral Shapley Value, and Kernel. The researchers found that there isn't one perfect way to split the costs, and they showed this using 4-bus and 14-bus systems.