• KSII Transactions on Internet and Information Systems (TIIS)
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• v.9 no.8
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• pp.2854-2874
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• 2015

This paper presents a game theoretic approach to analyze the public goods (PGs) allocation in peer-to-peer (p2p) networks. In order to reduce the free-riders and promote the cooperation among peers, we propose an incentive mechanism with cooperation-based game theory. In this paper, we regarded the contributed resources by cooperators as public goods (PGs). We also build the PGs allocation in P2P networks to be the optimization problem, and the optimal solution of PGs allocation satisfies the Bowen-Lindahl-Samuelson equilibrium. Firstly, based on the subscriber mechanism, we analyze the feasibility and prove the validity, which can achieve Nash equilibrium. However, this strategy cannot meet to Bowen-Lindahl-Samuelson equilibrium as the free-riders do not pay with their private goods for consuming the PGs. Secondly, based on the Walker mechanism, we analyze the feasibility and prove the validity for the same allocation problem, which meets to Bowen-Lindahl-Samuelson equilibrium and achieves Pareto efficiency within cooperative game. Simulations show that the proposed walker mechanism can significantly improve the network performance of throughout, and effectively alleviate free-riding problem in P2P networks.

• East Asian Economic Review
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• v.17 no.3
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• pp.281-310
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• 2013

The aim of this paper is to estimate the degree of RMB misalignment from its equilibrium exchange rate by applying the Behavioral Equilibrium Exchange Rate (BEER) approach. We employ monthly data with reference to China's top 20 trading partners covering the period of 1997 to 2012. We find that the RMB was slightly overvalued before 2001 and significantly undervalued by up to 20 per cent in the end of 2006. There is evidence showing that the RMB approached to its equilibrium level from 2007 to 2008. However, the global financial crisis interrupted the trend of declining misalignment of RMB exchange rate. The RMB's total misalignment increased to around 25 per cent in the mid-2011 mainly because the RMB was re-pegged to the US dollar and some currencies of China's main trading partners depreciated during the period of crisis. More recently, the degree of RMB misalignment slightly declined since 2012 when the RMB proceeded to appreciate and China's ratio of current account surplus to GDP dropped considerably. Our findings prove that there is a trend of the RMB approaching to its equilibrium exchange rate since 2007 except for the period of crisis.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2000.04b
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• pp.61-68
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• 2000

In general, the design of membrane structures takes three steps. The first is shape finding analysis which is determination of initial equilibrium geometry with uniform stresses. The second step involve the computation of the stress-deformation to get completed membrane under various load conditions. The third step is to divide the membrane structures into several plan strips from the initial equilibrium states. This procedure is needed because of the initial shape has usually undevelopable curved surface and is called as "cutting patterns generation". By introducing this work, the deformation due to the initial stress is removed and approximate cutting patterns are generated. In this approach, however, material properties is not considered, therefore the error between the design stresses and actual stresses during the fabrication of plan strips should be occurred. In this paper, actual equilibrium shape analysis procedure for HP shape models is presented. The deviations of stresses between the design stresses and actual stresses are estimated.

• Journal of Korean Society of Transportation
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• v.12 no.1
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• pp.43-54
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• 1994

The major concern of this paper is to investigate the properties of a stochastic equilibrium for each model system in terms of a consumer welfare measure. The primary assumption for this study is that a trip-maker would choose the trip from his origin zone which maximizes his personal welfare. This assumption, finally, leads to a singly constrained gravity model. The consumer welfare measure is derived from the concept of expected welfare of randomly sampled trip-makers. Each of the four different models considered in this paper is differentiated depending on the complexity of its model or the definition of its travel function. In this study, three different regions are chosen for the purpose of taking into account the effects of different zone-systems on the properties of a stochastic equilibrium : (i) Archerville region (5 zone) ; (ii) San Francisco Bay regions (30 zones) ; (iii) Houston, TX region (199 zones). It is concluded that almost identical, "global" consumer welfare values can be obtained in some cases of the gravity-type trip distribution models based on a stochastic equilibrium.

• Journal of Mechanical Science and Technology
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• v.18 no.9
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• pp.1529-1536
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• 2004

A structure is broken down into a number of substructures by means of the finite element method and the substructures are synthesized for the complete structure. The divided substructures take two types: fixed-free and free-free elements. The flexibility and stiffness matrices of the free-free elements are the Moore-Penrose inverse of each other. Thus, it is not easy to determine the equilibrium equations of the complete structure composed of two mixed types of substructures. This study provides the general form of equilibrium equation of the entire structure through the process of assembling the equilibrium equations of substructures with end conditions of mixed types. Applications demonstrate that the proposed method is effective in the structural analysis of geometrically complicated structures.

• Journal of Korean Society of Transportation
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• v.8 no.1
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• pp.55-71
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• 1990

The behavioral mechanism underlying the traffic assignment model is a choice, or decision-making process of traveling paths between origins and destinations. The deterministic approach to traffic assignment assumes that travelers choose shortest path from their origin-destination pair. Although this assumption seems reasonable, it presumes that all travelers have perfect information regarding travel time, that they make consistently correct decision, and that they all behave in identical fashion. Stochastic user equilibrium assignment relaxes these presumptions by including a random component in traveler's perception of travel time. The objective of this study is to compare "A Model of Deterministic User Equilibrium Assignment" with "Models of Stochastic User Equilibrium Assignment" in the theoretical and practical aspects. Specifically, SUE models are developed to logit and probit based models according to discrete choice functions. The models were applied to sioux Falls net ork consisting of 24 zones, 24 nodes and 76 links. The distribution of perceived travel time was obtained by using the relationship between speed and traffic flow.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.6
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• pp.347-353
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• 2003

In models of imperfect competition of deregulated electricity markets, the key task is to find the Nash equilibrium(NE). The approaches for finding the NE have had two major bottlenecks: computation of mixed strategy equilibrium and treatment of multi-player games. This paper proposes a payoff matrix approach that resolves these bottlenecks. The proposed method can efficiently find a mixed strategy equilibrium in a multi-player game. The formulation of the m condition for a three-player game is introduced and a basic computation scheme of solving nonlinear equalities and checking inequalities is proposed. In order to relieve the inevitable burden of searching the subspace of payoffs, several techniques are adopted in this paper. Two example application problems arising from electricity markets and involving a Cournot and a Bertrand model, respectively, are investigated for verifying the proposed method.

• 한국연소학회:학술대회논문집
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• 2006.04a
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• pp.144-148
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• 2006

Characteristics of a plasma reactor for partial oxidation of methane, especially focused on the role and effectiveness of plasma chemistry, is investigated. Partial oxidation of methane is investigated using a rotating arc which is a three dimensional version of a typical glidingarc. The rotating arc has both the characteristics of equilibrium and non-equilibrium plasma. Non-equilibrium characteristics of the rotating gliding arc can be increased by rotating an elongated arc string attached at both the tip of inner electrode and the edge of outer electrode. In this way, plasma chemistry can be enhanced and hydrogen selectivity can reach almost 100% that is much higher than thermal equilibrium condition. As a result, the present study enables the strategic approach of the plasma reforming process by means of appropriate reactor design to maximize plasma effect and resulting in maximized reaction efficiency.

• Journal of Arbitration Studies
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• v.33 no.3
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• pp.129-146
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• 2023

We construct a signaling game model between the arbitrator and claimants, in which the arbitrator's marketing amount is adopted as the signaling device. Assuming that the parties to the dispute select an arbitrator, and if there is a difference in the arbitrator's fee depending on the arbitrator's reputation, the arbitrator will pay to further enhance his reputation. We would like to analyze the cost differences between arbitrators who already have a high reputation and arbitrators who strive to further enhance their reputation using the signal model. From the Analysis of our study, We derive perfect Bayesian equilibrium of the signaling game and refine the equilibrium into a unique equilibrium by invoking the Intuitive Criterion of Cho and Kreps (1987). Further, we characterize the refined equilibrium.

• Journal of the Korean Geotechnical Society
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• v.20 no.3
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• pp.85-96
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• 2004

The ultimate bearing capacity of surface foundations on a sand layer overlying clay has been theoretically investigated. First, a review of previous studies on the bearing capacity problems for this type of foundation was performed and a discussion was presented concerning the practical application. Second, the kinematic approach of limit analysis was used to calculate the upper bound of the true ultimate bearing capacity. The kinematic solutions are upper bounds and their accuracy depends primarily on the nature of the assumed failure mechanism. This approach makes it convenient to create design charts, and it is possible to trace the influence of parameters. Third, the commercial finite element program ABAQUS was applied to obtain the ultimate bearing capacity based on the elasto-plastic theory. Results obtained from the kinematic approach were compared with those from the program ABAQUS and the limit equilibrium equations proposed by Yamaguchi, Meyerhof and Okamura et al. Finally, the validities of the results from the kinematic approach, the results from the program ABAQUS and the limit equilibrium equations were examined.