• Title/Summary/Keyword: equilibrium analysis

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Green Growth and Sustainability: The Role of Tourism, Travel and Hospitality Service Industry in Korea

  • Lee, Jung Wan;Kwag, Michael
    • Journal of Distribution Science
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    • v.11 no.7
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    • pp.15-22
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    • 2013
  • Purpose - The study investigates the influence of tourism and hospitality industry on economic growth and CO2 emissions. Research design, data, and methodology - In the empirical analysis, unit root tests, cointegration test and vector error correction model regression using time series data of South Korea from the first quarter of 1970 to the third quarter of 2010 are performed to examine the long-run equilibrium relationship and short-run dynamics among the tourism and hospitality industry, CO2 emissions, economic growth and other industry sectors. Results - Results indicate that a long-run equilibrium relationship exists among these variables. Furthermore, the tourism and hospitality industry and CO2 emissions have high significant positive effect on economic growth. The tourism and hospitality industry in Korea, in turns, shows a high significant positive impact on economic growth while the industry sector incursa high significant negative impact on CO2 emissions. Conclusions - The tourism and hospitality industry in Korea may havebeen prompted by several factors such as accelerated process of technological innovation or energy and environmental policies. These findings suggest that the effectively managed tourism and hospitality sector in Korea has resulted in both economic growth and a reduction in CO2 emissions.

Analysis of Network Neutrality in Two-sided Markets Using Game Theory (게임이론에 의한 양면시장에서의 망중립성 분석)

  • Oh, Hyung Sool;Lee, Jae Ha
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.162-169
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    • 2018
  • Net neutrality, which has not been a problem, has recently become a problem for ISPs (Internet Service Providers), and their complaints have been paid by domestic platform companies, but overseas global IT companies such as Google and YouTube, generate huge revenues from domestic markets. In this situation, domestic IT companies claim that it is natural to impose more expensive charges or restrict speed on users who generate huge traffic. On the other side, however, the telecommunication network has become an essential public good that is essential to our everyday life, and because it has been given a monopoly position by a private company to efficiently respond to the explosive demand for telecommunication services, It is necessary to provide equal and universal service and fulfill public duty. In this paper, we deal with the network neutrality problem, focusing on the price elasticity between the CP (Contents Provider) and the ISP, rather than the user who is one side of the two-sided market for the already saturated satellites communication market. We present a game model that determines the optimal price for each platform by Nash equilibrium and analyze how the net neutrality affects CP according to the change of exogenous variables through the proposed game model.

Analysis on the Strategic Bidding of the Generation Capacity in an Electricity Market by Using Game Theory (전력시장에서 발전가능용량의 전략적 입찰에 대한 게임이론적 해석)

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    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.5
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    • pp.302-307
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    • 2004
  • As deregulation of power industry is becoming a reality, there has been an intense interest in the strategic bidding for suppliers to maximize their profits. The profit gained by a supplier is related not only to its energy-price bid curve but also to its submitted operational parameters such as generation capacity, etc. So suppliers are willing to use those strategic parameters that can be manipulated by themselves and are effective to their profit. This paper deals with the competition model with compound strategies: generation capacity and bidding curve. The parameter space is modeled by dividing into the two strategies, so the problem is made up of the four types of sub-game in a two player game. This paper analyzes the global Nash Equilibrium (NE) over the whole divisions by computing the sub-game NEs in some divisions and by deriving the best response curves which have discontinuities in other divisions. The global NE is shown to correspond to the Cournot NE where the quantity variable is realized by a constraints of a generation capacity.

Solution method for the classical beam theory using differential quadrature

  • Rajasekaran, S.;Gimena, L.;Gonzaga, P.;Gimena, F.N.
    • Structural Engineering and Mechanics
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    • v.33 no.6
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    • pp.675-696
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    • 2009
  • In this paper, a unified solution method is presented for the classical beam theory. In Strength of Materials approach, the geometry, material properties and load system are known and related with the unknowns of forces, moments, slopes and deformations by applying a classical differential analysis in addition to equilibrium, constitutive, and kinematic laws. All these relations are expressed in a unified formulation for the classical beam theory. In the special case of simple beams, a system of four linear ordinary differential equations of first order represents the general mechanical behaviour of a straight beam. These equations are solved using the numerical differential quadrature method (DQM). The application of DQM has the advantages of mathematical consistency and conceptual simplicity. The numerical procedure is simple and gives clear understanding. This systematic way of obtaining influence line, bending moment, shear force diagrams and deformed shape for the beams with geometric and load discontinuities has been discussed in this paper. Buckling loads and natural frequencies of any beam prismatic or non-prismatic with any type of support conditions can be evaluated with ease.

Analysis on particle deposition onto a heated, horizontal free-standing wafer with electrostatic effect (정전효과가 있는 가열 수평웨이퍼로의 입자침착에 관한 해석)

  • Yoo, Kyung-Hoon;Oh, Myung-Do;Myong, Hyon-Kook
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.21 no.10
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    • pp.1284-1293
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    • 1997
  • The electrostatic effect on particle deposition onto a heated, Horizontal free-standing wafer surface was investigated numerically. The deposition mechanisms considered were convection, Brownian and turbulent diffusion, sedimentation, thermophoresis and electrostatic force. The electric charge on particle needed to calculate the electrostatic migration velocity induced by the local electric field was assumed to be the Boltzmann equilibrium charge. The electrostatic forces acted upon the particle included the Coulombic, image, dielectrophoretic and dipole-dipole forces based on the assumption that the particle and wafer surface are conducting. The electric potential distribution needed to calculate the local electric field around the wafer was calculated from the Laplace equation. The averaged and local deposition velocities were obtained for a temperature difference of 0-10 K and an applied voltage of 0-1000 v.The numerical results were then compared with those of the present suggested approximate model and the available experimental data. The comparison showed relatively good agreement between them.

Effect of Nucleation and Growth Dynamics on Saturation Magnetization of Chemically Synthesized Fe Nanoparticles

  • Ogawa, T.;Seto, K.;Hasegawa, D.;Yang, H.T.;Kura, H.;Doi, M.;Takahashi, M.
    • Journal of Magnetics
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    • v.16 no.3
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    • pp.308-311
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    • 2011
  • In order to obtain mono-dispersed Fe NPs with high saturation magnetization, quantitative analysis method to investigate the growth dynamics of the Fe NPs synthesized by a conventional thermal decomposition method has been developed. As a result, fast nucleation process promotes formation of ~4 nm of initial nucleus with a non-equilibrium phase, resulting in low saturation magnetization. And slow particle growth with atomic-scaled surface precipitation mode (< 100 atoms/($min{\cdot}nm^2$)) can form the growth layer on the surface of initial nucleus with high saturation magnetization (~190 emu/$g_{Fe}$) as an equilibrium a phase of Fe. Therefore, higher stabilization of small initial nucleus generated just after the injection of $Fe(CO)_5$ should be one of the key issues to achieve much higher $M_s$ of Fe NPs.

Adaptive Cooperative Spectrum Sharing Based on Fairness and Total Profit in Cognitive Radio Networks

  • Chen, Jian;Zhang, Xiao;Kuo, Yonghong
    • ETRI Journal
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    • v.32 no.4
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    • pp.512-519
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    • 2010
  • A cooperative model is presented to enable sharing of the spectrum with secondary users. Compared with the optimal model and competitive model, the cooperative model could reach the maximum total profit for secondary users with better fairness. The cooperative model is built based on the Nash equilibrium. Then a conceding factor is introduced so that the total spectrum required from secondary users will decrease. It also results in a decrease in cost which the primary user charges to the secondary users. The optimum solution, which is the maximum total profit for the secondary users, is called the collusion state. It is possible that secondary users may leave the collusion state to pursue the maximum of individual profit. The stability of the algorithm is discussed by introducing a vindictive factor to inhabit the motive of deviation. In practice, the number of secondary users may change. Adaptive methods have been used to deal with the changing number of secondary users. Both the total profit and fairness are considered in the spectrum allocating. The shared spectrum is 11.3893 with a total profit of 65.2378 in the competitive model. In the cooperative model, the shared spectrum is 8.5856 with the total profit of 73.4963. The numerical results reveal the effectiveness of the cooperative model.

Performance Design Techniques for Scramjet Engines with Finite-rate Chemistry Combustion Models (유한화학반응 연소 모델을 고려한 스크램제트 엔진의 성능설계 기법)

  • Kim, Sun-Kyoung;Seo, Bong-Gyun;Kim, Sung-Jin;Sung, Hong-Gye;Byen, Jong-Ryul;Yoon, Hyun-Gull
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2010.05a
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    • pp.401-405
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    • 2010
  • An efficient performance model for scramjet engines has been proposed for scramjet performance design. In supersonic air intake design, the compression angles of the wedge were determined to maximize the total pressure recovery of the intake based on Oswatisch criterion. Both combustion models of chemical equilibrium and finite-rate chemistry model are implemented, and compared each model with the results by Starkey for Waverider engine configuration. Finally, the performance model of concern has been confirmed by conducting performance analysis with hypothetical mission profile and design conditions.

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Equilibrium and Kinetic Studies of the Biosorption of Dissolved Metals on Bacillus drentensis Immobilized in Biocarrier Beads

  • Seo, Hanna;Lee, Minhee;Wang, Sookyun
    • Environmental Engineering Research
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    • v.18 no.1
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    • pp.45-53
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    • 2013
  • Biocarrier beads with dead biomass, Bacillus drentensis, immobilized in polymer polysulfone were synthesized to remove heavy metals from wastewater. To identify the sorption mechanisms and theoretical nature of underlying processes, a series of batch experiments were carried out to quantify the biosorption of Pb(II) and Cu(II) by the biocarrier beads. The parameters obtained from the thermodynamic analysis revealed that the biosorption of Pb(II) and Cu(II) by biomass immobilized in biocarrier beads was a spontaneous, irreversible, and physically-occurring adsorption phenomenon. Comparing batch experimental data to various adsorption isotherms confirmed that Koble-Corrigan and Langmuir isotherms well represented the biosorption equilibrium and the system likely occurred through monolayer sorption onto a homogeneous surface. The maximum adsorption capacities of the biocarrier beads for Pb(II) and Cu(II) were calculated as 0.3332 and 0.5598 mg/g, respectively. For the entire biosorption process, pseudo-second-order and Ritchie second-order kinetic models were observed to provide better descriptions for the biosorption kinetic data. Application of the intra-particle diffusion model showed that the intraparticle diffusion was not the rate-limiting step for the biosorption phenomena. Overall, the dead biomass immobilized in polysulfone biocarrier beads effectively removed metal ions and could be applied as a biosorbent in wastewater treatment.

Modelling and Analysis of Electrodes Erosion Phenomena of $SF_6$ Arc in a Laval Nozzle

  • Lee, Byeong-Yoon;Liau, Vui Kien;Song, Ki-Dong;Park, Kyong-Yop
    • Proceedings of the KIEE Conference
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    • 2005.07b
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    • pp.972-974
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    • 2005
  • The present work deals with the theoretical study of the effects of copper vapours resulting from the erosion of the electrodes on the properties of a SF6 arc in a Laval nozzle. Computations have been done for a DC arc of 1000A with upstream gas pressure of 3.75MPa. The arc plasma is assumed to be in local thermodynamic equilibrium(LTE). The sheath and non-equilibrium region around the electrodes are not considered in this model. However, its effects on the energy flux into the electrodes are estimated from some experimental and theoretical data. The turbulence effects are calculated using the Prandtl mixing length model. A conservation equation for the copper vapour concentration is solved together with the governing equations for mass, momentum and energy of the gas mixture. Comparisons were made between the results with and without electrodes erosion. It has been found that the presence of copper vapours cools down the arc temperature due to the combined effects of increased radiation and increased electrical conductivity. The copper vapour distribution is very sensitive to the turbulent parameter. The erosion of upstream electrode(cathode) has larger effects on the arc compared to the downstream electrode(anode) as the copper vapour eroded from the anode cannot diffuse against the high-speed axial flow.

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