• Title/Summary/Keyword: equilibrium analysis

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A Study on the Selection of a Bidding Parameter at the Bidding Function Model in an Electricity Market (전력시장 입찰함수모형에서 입찰 파라미터 선택에 관한 연구)

  • Cho Cheol-Hee;Lee Kwang-Ho
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.11
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    • pp.630-635
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    • 2004
  • Generation companies(Genco) submit the supply functions as a bidding function to a bid market in a competitive electricity market. The profits of Gencos vary in accordance with the bid functions, so the selection of a bidding function plays a key role in increasing their profits. In order to get a profitable bidding function which is usually linear, it is required to modify adequately the intersection and the slope of a linear supply function. This paper presents an analysis of the selection of the supply function from the viewpoint of Nash equilibrium(NE). Four types of bidding function parameters are used for analizing the electricity market. The competition of selecting bidding parameters is modeled as two level games in this research. One is a subgame where a certain type of parameters is given and the players compete to select values of the underlying parameters. The other is an overall game where the players compete to select a profitable type among the four types of parameters. The NEs in both games are computed by an using analytic method and a payoff matrix method. It is verified in case studies for the NE of overall game to satisfy the equilibrium condition.

Effect of Two-step Surface Modification of Activated Carbon on the Adsorption Characteristics of Metal Ions in Wastewater I. Equilibrium and Batch Adsorptions

  • Park, Geun-Il;Lee, Jae-Kwang;Ryu, Seung-Kon;Kim, Joon-Hyung
    • Carbon letters
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    • v.3 no.4
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    • pp.219-225
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    • 2002
  • The two-step surface modifications of activated carbon was carried out to improve the adsorption capacity of toxic heavy metal ions in liquid phase. Physical and chemical properties of the as-received activated carbon (AC) and two kinds of surface-modified activated carbons ($1^{st}AC$ and $2^{nd}AC$) were evaluated through the BET analysis, surface acidity, and oxides measurements. Specific surface area and pore volume did not significantly change, but surface oxide-group remarkably increased by the surface modification. Equilibrium and batch adsorptions of the various metals, such as Pb, Cd, and Cr, using AC, $1^{st}AC$, and $2^{nd}AC$ were performed at initial pH 5. The adsorption capacity and rate of $2^{nd}AC$ were higher than those of AC and $1^{st}AC$. The carboxylic/sodium carboxylate complex groups were developed from the two-step surface modification of activated carbon, which strongly affected the adsorption of metal ions.

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A Political Economic Analysis of Environmental Policy, Redistributive Policy, and Economic Growth (환경정책, 재분배정책, 경제성장에 관한 정치경제학적 분석)

  • KIM, Jaehoon
    • KDI Journal of Economic Policy
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    • v.33 no.2
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    • pp.145-175
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    • 2011
  • We analyse an overlapping generation model in which economic agents, especially their income distribution, influence environmental policy and redistributive policy through political decision making process. In an economic equilibrium which doesn't consider political process, the introduction of environmental policy is shown to increase economic growth rate. In contrast to an economic equilibrium, environmental policy can be adopted when economic inequality reduces to a certain threshold in a political economic equilibrium. The adoption of environmental policy, on the other hand, incurs the demand of strengthened redistributive policy, which in turn decreases economic growth in a short run. We discuss broad policy implications based on our political economic analyses.

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Game-Theoretic Analysis of Selfish Secondary Users in Cognitive Radio Networks

  • Kahsay, Halefom;Jembre, Yalew Zelalem;Choi, Young-June
    • Journal of Communications and Networks
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    • v.17 no.4
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    • pp.440-448
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    • 2015
  • In this paper, we study the problem of selfish behavior of secondary users (SUs) based on cognitive radio (CR) with the presence of primary users (PUs). SUs are assumed to contend on a channel using the carrier sense multiple access with collision avoidance (CSMA/CA) and PUs do not consider transmission of SUs, where CSMA/CA protocols rely on the random deference of packets. SUs are vulnerable to selfish attacks by which selfish users could pick short random deference to obtain a larger share of the available bandwidth at the expense of other SUs. In this paper, game theory is used to study the systematic cheating of SUs in the presence of PUs in multichannel CR networks. We study two cases: A single cheater and multiple cheaters acting without any restraint. We identify the Pareto-optimal point of operation of a network with multiple cheaters and also derive the Nash equilibrium of the network. We use cooperative game theory to drive the Pareto optimality of selfish SUs without interfering with the activity of PUs. We show the influence of the activity of PUs in the equilibrium of the whole network.

Design of the Air Pressure Pick-up Head for Non-Contact Wafer Gripper (비접촉식 웨이퍼 그리퍼용 공압 파지식 헤드 설계)

  • Kim, Joon-Hyun
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.21 no.3
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    • pp.401-407
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    • 2012
  • The recent manufacturing process in the thin wafers and flat panel necessitate new approaches to reduce handling fragile and surface-sensitive damage of components. This paper presents a new pneumatic levitation for non-contact handling of parts and substrates. This levitation can achieve non-contact handling by blowing air into an air pressure pick-up head with radial passages to generate a negative pressure region. Negative pressure is caused by the radial air flow by nozzle throat and through holes connecting to the bottom region. The numerical analysis deals with the levitational motion with different design factors. The dynamic motion is examined in terms of force balance(dynamic equilibrium) occurring to the flow field between two objects. The stable equilibrium position and the safe separation distance are determined by analyzing the local pressure distribution in the fluid motion. They make considerable design factors consisting the air pressure pick-up head. As a result, in case that the safe separation distance is beyond 0.7mm, the proposed pick-up head can levitate stably at the equilibrium position. Furthermore, it can provide little effect of torque, and obtain more wide picking region according to the head size.

NUCLEAR FUEL CYCLE COST ESTIMATION AND SENSITIVITY ANALYSIS OF UNIT COSTS ON THE BASIS OF AN EQUILIBRIUM MODEL

  • KIM, S.K.;KO, W.I.;YOUN, S.R.;GAO, R.X.
    • Nuclear Engineering and Technology
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    • v.47 no.3
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    • pp.306-314
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    • 2015
  • This paper examines the difference in the value of the nuclear fuel cycle cost calculated by the deterministic and probabilistic methods on the basis of an equilibrium model. Calculating using the deterministic method, the direct disposal cost and Pyro-SFR (sodium-cooled fast reactor) nuclear fuel cycle cost, including the reactor cost, were found to be 66.41 mills/kWh and 77.82 mills/kWh, respectively (1 mill = one thousand of a dollar, i.e., $10^{-3}$ $). This is because the cost of SFR is considerably expensive. Calculating again using the probabilistic method, however, the direct disposal cost and Pyro-SFR nuclear fuel cycle cost, excluding the reactor cost, were found be 7.47 mills/kWh and 6.40 mills/kWh, respectively, on the basis of the most likely value. This is because the nuclear fuel cycle cost is significantly affected by the standard deviation and the mean of the unit cost that includes uncertainty. Thus, it is judged that not only the deterministic method, but also the probabilistic method, would also be necessary to evaluate the nuclear fuel cycle cost. By analyzing the sensitivity of the unit cost in each phase of the nuclear fuel cycle, it was found that the uranium unit price is the most influential factor in determining nuclear fuel cycle costs.

An Experimental Study on Vapor-Liquid Equilibria of $CO_2$/Oil Mixtures in the Range of Evaporator Working Pressure (증발기 작동 압력 범위에서 $CO_2$/오일 혼합물의 기상-액상 평형 실험)

  • Lee, Chi-Seok;Lee, Kyoung-Youl;Kang, Byung-Ha;Park, Kyoung-Kuhn
    • Proceedings of the SAREK Conference
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    • 2005.11a
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    • pp.380-385
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    • 2005
  • An experimental apparatus was constructed to obtain vapor-liquid equilibrium data for $CO_2$/oil mixtures using mass analysis method with sample cylinder. Lubricants employed were POE(Polyol Ester) oil and PAG(Poly Alkylene Glycol) oil. The phase equilibria of $CO_2$/oil mixtures formed in high pressure equilibrium cell are observed through sight glasses at the opposite ends. Data were measured over the temperature range from -10 to $10^{\circ}C$ with $5^{\circ}C$ intervals under pressures up to 14 MPa. Mole fractions were calculated for $CO_2$/oil and $CO_2$/PAAG, respectively and were compared with each other.

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Development of Chemical Equilibrium CFD Code for Performance Prediction and Optimum Design of LRE Thrust Chamber (액체로켓 추력실의 성능 예측 및 최적 형상 설계를 위한 해석코드 개발)

  • Kim Seong-Ku;Moon Yoon Wan;Park Tae-Seon
    • Journal of the Korean Society of Propulsion Engineers
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    • v.9 no.1
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    • pp.1-8
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    • 2005
  • An axisymmetric compressible flow solver accounting for chemical equilibrium has been developed as an analysis tool exclusively suitable for performance prediction and optimum contour design of LRE thrust chamber. By virtue of several features focusing on user-friendliness and effectiveness including automatical grid generation and iterative calculations with changes in design parameters prescribed through only one keyword-type input file, a design engineer can evaluate very fast and easily the influences of various design inputs such as geometrical parameters and operating conditions on propulsive performance. Validations have been carried out for various aspects by detailed comparisons with the result of CEA code, experimental data of JPL nozzle, actual data for two historical engines, and ReTF data for KSR-III.

Estimation of the optimal heated inlet air temperature for the beta-ray absorption method: analysis of the PM10 concentration difference by different methods in coastal areas

  • Shin, So Eun;Jung, Chang Hoon;Kim, Yong Pyo
    • Advances in environmental research
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    • v.1 no.1
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    • pp.69-82
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    • 2012
  • Based on the measurement data of the particulate matter with an aerodynamic diameter of less than or equal to a nominal 10 ${\mu}m$ (PM10) by the ${\beta}$-ray absorption method (BAM) equipped with an inlet heater and the gravimetric method (GMM) at two coastal sites in Korea, the optimal inlet heater temperature was estimated. By using a gas/particle equilibrium model, Simulating Composition of Atmospheric Particles at Equilibrium 2 (SCAPE2), water content in aerosols was estimated with varying temperature to find the optimal temperature increase to make the PM10 concentration by BAM comparable to that by GMM. It was estimated that the heated air temperature inside the BAM should be increased up to $35{\sim}45^{\circ}C$ at both sites. At this temperature range, evaporation of volatile aerosol components was minor. Similar ($30{\sim}50^{\circ}C$) temperature range was also obtained from the calculation based on the absolute humidity which changed with ambient absolute humidity and chemical composition of hygroscopic species.

Experimental Vapor-Liquid Equilibra for $CO_2/Oil$ Systems in the Range of Compressor Working Pressure (압축기 작동압력 범위에서 $CO_2$/오일 시스템의 기-액 상평형 실험)

  • Lee, Chi-Seok;Lee, Kyoung-Youl;You, Han-Yeon;Kang, Byung-Ha;Park, Kyoung-Kuhn
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.19 no.3
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    • pp.213-219
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    • 2007
  • An experimental apparatus was constructed to obtain vapor-liquid equilibrium data for $CO_2/oil$ mixtures using mass analysis method with sample cylinder. Lubricants employed were POE (poly-ol ester) and PAG (poly alkylene glycol). The phase equilibria of $CO_2/oil$ mixtures prevailed in an equilibrium cell were observed through a couple of sight glasses at the opposite ends. Data were obtained over the temperatures $-10^{\circ}C,\;-5^{\circ}C,\;0^{\circ}C,\;5^{\circ}C,\;10^{\circ}C,\;25^{\circ}C,\;40^{\circ}C,\;60^{\circ}C,\;and\;80^{\circ}C$ under pressures up to 14 MPa and then mole fractions were calculated, respectively In general, more solubility of $CO_2$ is observed in POE than in PAG. Miscibility gap is closed for $CO_2/POE$ mixture but not for $CO_2/PAG$.