Lock congestion relief in a multimodal network with public subsidies and competitive carriers: a two-stage game model

Transshipment can be a detour for carriers to bypass congested locks. Therefore, the local government provides subsidies to carriers reluctant to adopt transshipment due to high costs. Using the Three Gorges Dam (TGD) as the subject, we address the interaction between the government and carriers and the rational routine choice for carriers...

Application of game theory in risk management of urban natural gas pipelines

This paper presents a game theory methodology for risk management of urban natural gas pipelines, which is a collaborative participation mechanism of the stakeholders, including government, pipeline companies, and the public. Firstly, the involvement proportion of stakeholders in risk management under rational conditions is estimated by the...

The Game of Guwarra: A game theory-based decision-making framework for site selection of offshore wind farms in Australia

Global concerns around climate change and the volatility of conventional fuel prices have prompted researchers and technologists to make significant efforts to identify and exploit alternative energy sources that are cleaner and more sustainable. Wind energy has seen considerable development among these alternative energy sources, mainly due...