• Title/Summary/Keyword: Equilibrium approach

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Bidding Strategies with the Opportunity Cost of Reactive Power in a Competitive Market (무효전력 기회비용을 반영한 전력시장 입찰전략 연구)

  • 이광호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.1
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    • pp.67-72
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    • 2004
  • This paper addresses the bidding strategies of generating firms in a competitive market where the firms are provided with payment for generating reactive power. Reactive support for voltage control is an integral and critical part of power system operations. Since reactive support is unbundled in a competitive market under open access transmission, it is treated as one of ancillary services. The operation costs and opportunity costs for reactive support are compensated by payment to the firms, hence their bidding strategies will be affected. The opportunity costs are evaluated from the foregone profits of a generator in making sales in real power market by providing reactive support instead of real power. Game theory approach is used to analysis the transaction strategies of real power by the bimatrix method in this paper. Through computing the Nash equilibrium in a sample system, an incentive of a generator for improving the reactive generating capacity is found to be effective and the variations of the profits are analyzed as the demand power factor changes.

An Analysis of the Economic effect on Free Trade Agreement between Korea and China through the Computable General Equilibrium model (일반균형분석을 통한 한.중 자유무역협정의 경제적 효과와 추진 타당성 고찰)

  • Park, Do-Joon
    • International Commerce and Information Review
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    • v.9 no.1
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    • pp.313-331
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    • 2007
  • In a rapidly changing environment of international trade, the purpose of this study is to examine economic benefits and losses of each country involved in the negotiation on the Free Trade Agreement (FTA) in Northeast Asia and to prepare strategies for the negotiation in the FTA between Korea and China. Previous researches on FTA have been made mainly from the macroeconomic perspective. The approach in this study is a combination of regulatory, reviewing regulations, and economic making quantitative analysis of the economic effects of FTA, which are the basic background of FTA. In economic analysis, I estimated the macroscopic economic effects of FTA by examining the effects of FTA on the trade balance, GDP and production of focal countries through the Computable General Equilibrium(CGE) model using GTAP data set.

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The six geometries revisited

  • Kang, Austin;Musilli, Marino;Farella, Mauro
    • The korean journal of orthodontics
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    • v.50 no.5
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    • pp.356-359
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    • 2020
  • Forces and moments delivered by a straight wire connecting two orthodontic brackets are statically indeterminate and cannot be estimated using the classical equations of static equilibrium. To identify the mechanics of such two-bracket systems, Burstone and Koenig used the principles of linear beam theory to estimate the resulting force systems. In the original publication, however, it remains unclear how the force systems were calculated because no reference or computational details on the underlying principles have been provided. Using the moment carry-over principle and the relative angulation of the brackets, a formula was derived to calculate the relative moments of the two brackets. Because of the moment equilibrium, the vertical forces that exist as a force-couple on the two brackets can also be calculated. The accuracy of the proposed approach can be validated using previously published empirical data.

Dynamic Analysis of an Optical Disk Drive with an Automatic Ball Balancer (자동볼평형장치가 부착된 광디스크 드라이브의 동특성해석)

  • Kim, Kang-Sung;Chung, Jin-Tai
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.26 no.12
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    • pp.2511-2518
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    • 2002
  • Dynamic behaviors and stability of an optical disk drive coupled with an automatic ball balancer (ABB) are analyzed by a theoretical approach. The feeding system is modeled a rigid body with six degree-of-freedom. Using Lagrange's equation, we derive the nonlinear equations of motion for a non -autonomous system with respect to the rectangular coordinate. To investigate the dynamic stability of the system in the neighborhood of the equilibrium positions, the monodromy matrix technique is applied to the perturbed equations. On the other hand, time responses are computed by the Runge -Kutta method. We also investigate the effects of the damping coefficient and the position of ABB on the dynamic behaviors of the system.

A Galerkin Layerwise Formulation for three-dimensional stress analysis in long sandwich plates

  • Ahmadi, Isa
    • Steel and Composite Structures
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    • v.24 no.5
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    • pp.523-536
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    • 2017
  • A layerwise (LW) formulation based on the Galerkin method is presented to investigate the three-dimensional stress state in long sandwich plate which is subjected to tension force and pure bending moment. Based on the Galerkin method and the LW discretization approach, the equilibrium equations of elasticity for the long plate are written in the weak form and discretized through the thickness of the plate. The discretized equations are written in terms of displacement components of the numerical layers. The governing equations of the plate are solved analytically for the free edge boundary conditions. The distribution of stress state especially the 3D stress state in the vicinity of the edges of the sandwich plate which is subjected to tension and pure bending is studied. In order to increase the accuracy, the out of plane stresses are obtained by integrating the equilibrium equations of elasticity. The convergence and accuracy of the predictions are studied and various numerical results are presented for distribution of the in-plane and out of plane stresses in symmetric and un-symmetric sandwich plates.

Existence of a nash equilibrium to differential games with nonlinear constraints

  • Kim, Yang-Yol
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1989.10a
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    • pp.45-50
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    • 1989
  • The above theorm states that much larger classes of differential games have an equilibrium. The most severe assumption is the second one. It requires that state dynamic equations be linear on his own control variables. But, the dynamic programming approach applied in the above is hardly implementable for the purpose of computation. It is very difficult to solve (SP$_{it}$) directly. Notice, however, the problem can be transformed into a Hamiltonian maximization problem which is easy to solve if initial conditions are given. In this way, it is possible to design a solution algorithm to problems with nonlinear constraints. The above two theorems probide a basis for such an algorithm.m.

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ANALYTIC APPROACH FOR THE STUDY OF AIR AND/OR LIQUID FILLED GEOMEMBRANE TUBE SECTIONS ON A HORIZONTAL

  • Choi, Yoon-Rak
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.17 no.3
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    • pp.181-195
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    • 2013
  • This study considers an air and liquid-filled geomembrane tube section resting on a horizontal foundation. All quantities are normalized to obtain geometrically similar solutions in the static equilibrium condition. Analytic solutions are expressed in closed form. The solution for the air or liquid-filled tube section is derived systematically as an extreme case of the air and liquid-filled tube section. The validity of these solutions is confirmed by comparing to previous study, and some results are shown for the characteristic parameters and shapes of air and/or liquid-filled cases. Using the result of present study, one can estimate the shape and characteristic parameters of a tube section without numerical integrations or iterations.

Optimal Plastic Design of Planar Frames (평면(平面) Frame의 최적소성설계(最適塑性設計))

  • S.J.,Yim;S.H.,Hwang
    • Bulletin of the Society of Naval Architects of Korea
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    • v.17 no.2
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    • pp.1-10
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    • 1980
  • The optimal plastic design of framed structures has been treated as the minimum weight design while satisfying the limit equilibrium condition that the structure may not fail in any of the all possible collapse modes before the specified design ultimate load is reached. Conventional optimum frame designs assume that a continuous spectrum of member size is available. In fact, the vailable sections merely consist of a finite range of discrete member sizes. Optimum frame design using discrete sections has been performed by adopting the plastic collapse theory and using the Complex Method of Box. This study has presented an iterative approach to the optimal plastic design of plane structures that involves the performance of a series of minimum weight design where the limit equilibrium equation pertaining to the critical collapse mode is added to the constraint set for the next design. The critical collapse mode is found by the collapse load analysis that is formulated as a linear programming problem. This area of research is currently being studied. This study would be applied and extended to design the larger and more complex framed structures.

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Finite element procedure of initial shape determination for hyperelasticity

  • Yamada, Takahiro
    • Structural Engineering and Mechanics
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    • v.6 no.2
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    • pp.173-183
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    • 1998
  • In the shape design of flexible structures, it is useful to predict the initial shape from the desirable large deformed shapes under some loading conditions. In this paper, we present a numerical procedure of an initial shape determination problem for hyperelastic materials which enables us to calculate an initial shape corresponding to the prescribed deformed shape and boundary condition. The present procedure is based on an Arbitrary Lagrangian-Eulerian (ALE) finite element method for hyperelasticity, in which arbitrary change of shapes in both the initial and deformed states can be treated by considering the variation of geometric mappings in the equilibrium equation. Then the determination problem of the initial shape can be formulated as a nonlinear problem to solve the unknown initial shape for the specified deformed shape that satisfies the equilibrium equation. The present approach can be implemented easily to the finite element method by employing the isoparametric hypothesis. Some basic numerical results are also given to characterize the present procedure.

The bearing capacity of square footings on a sand layer overlying clay

  • Uncuoglu, Erdal
    • Geomechanics and Engineering
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    • v.9 no.3
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    • pp.287-311
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    • 2015
  • The ultimate bearing capacity and failure mechanism of square footings resting on a sand layer over clay soil have been investigated numerically by performing a series of three-dimensional non-linear finite element analyses. The parameters investigated are the thickness of upper sand layer, strength of sand, undrained shear strength of lower clay and surcharge effect. The results obtained from finite element analyses were compared with those from previous design methods based on limit equilibrium approach. The results proved that the parameters investigated had considerable effect on the ultimate bearing capacity and failure mechanism occurring. It was also shown that the thickness of upper sand layer, the undrained shear strength of lower clay and the strength of sand are the most important parameters affecting the type of failure will occur. The value of the ultimate bearing capacity could be significantly different depending on the limit equilibrium method used.