2022
DOI: 10.1371/journal.pone.0265350
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Economic benefit evaluation of water resources allocation in transboundary basins based on particle swarm optimization algorithm and cooperative game model—A case study of Lancang-Mekong River Basin

Abstract: The present work aims to find the optimal solution of Nash Equilibrium (NE) in the traditional Game Theory (GT) applied to water resources allocation. Innovatively, this paper introduces Particle Swarm Optimization (PSO) into GT to propose a cooperative game model to solve the NE problem. Firstly, the basic theory of the PSO algorithm and cooperative game model is described. Secondly, the PSO-based cooperative game model is explained. Finally, the PSO-based cooperative game model is compared with the Genetic A… Show more

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Cited by 5 publications
(3 citation statements)
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“…The PSO algorithm is simple in structure and fast in convergence, which is suitable for scheduling; however, the PSO is prone to the local optimum, with fast convergence necessitating that the global search be performed first. When an optimal solution is determined within a specific range, the local search ability is used to search for the optimal solution position [ 21 ]. Given the PSO’s unassuming and easy implementation characteristics, it is used to solve the problem of resource optimisation in IoT.…”
Section: Related Work and Motivationmentioning
confidence: 99%
“…The PSO algorithm is simple in structure and fast in convergence, which is suitable for scheduling; however, the PSO is prone to the local optimum, with fast convergence necessitating that the global search be performed first. When an optimal solution is determined within a specific range, the local search ability is used to search for the optimal solution position [ 21 ]. Given the PSO’s unassuming and easy implementation characteristics, it is used to solve the problem of resource optimisation in IoT.…”
Section: Related Work and Motivationmentioning
confidence: 99%
“…The basic water demand and basic electricity demand [6] are taken as a second basic constraints of water resources scheduling [7] in the two lakes. The water supply constraint is as follows:…”
Section: Constraint Conditionsmentioning
confidence: 99%
“…The following supporting information can be downloaded at: https:// www.mdpi.com/article/10.3390/land12091698/s1, Supplementary File S1: GEP accounting system; Supplementary File S2: Model parameter and input. References [43][44][45] are cited in the supplementary materials.…”
Section: Supplementary Materialsmentioning
confidence: 99%