• 제목/요약/키워드: inverse demand curve

검색결과 6건 처리시간 0.025초

A Proposal for Inverse Demand Curve Production of Cournot Model for Application to the Electricity Market

  • Kang Dong-Joo;Oh Tae-Kyoo;Chung Koohyung;Kim Balho H.
    • KIEE International Transactions on Power Engineering
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    • 제5A권4호
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    • pp.403-411
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    • 2005
  • At present, the Cournot model is one of the most commonly used theories to analyze the gaming situation in an oligopoly type market. However, several problems exist in the successful application of this model to the electricity market. The representative one is obtaining the inverse demand curve able to be induced from the relationship between market price and demand response. In the Cournot model, each player offers their generation quantity to obtain maximum profit, which is accomplished by reducing their quantity compared with available total capacity. As stated above, to obtain the probable Cournot equilibrium to reflect the real market situation, we have to induce the correct demand function first of all. Usually the correlation between price and demand appears over the long-term through statistical data analysis (for example, regression analysis) or by investigating consumer utility functions of several consumer groups classified as residential, industrial, and commercial. However, the elasticity has a tendency to change continuously according to the total market demand size or the level of market price. Therefore it should be updated as the trading period passes by. In this paper we propose a method for inducing and updating this price elasticity of demand function for more realistic market equilibrium.

전력시장 적용을 위한 쿠르노 모델에서의 역수요함수 추정 방법 제안 (The Method for Estimating the Inverse Demand Curve of Cournot Model in Electricity Market)

  • 강동주;허진;김태현;문영환;이근대;정구형;김발호
    • 대한전기학회논문지:전력기술부문A
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    • 제54권2호
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    • pp.79-87
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    • 2005
  • At present Cournot model is one of the most commonly used theories to analyze the gaming situation in oligopoly market. But there exist several problems to apply this model to electricity market. The representative one is to obtain the inverse demand curve able to be induced from the relationship between market price and demand response. In Cournot model, each player offers their generation quantity to accomplish maximum profit, which is accomplished by reducing their quantity compared with available total capacity. As stated above, to obtain the probable Cournot equilibrium to reflect real market situation, we have to induce the correct demand function first of all. Usually the correlation between price and demand appears on the long-term basis through the statistical data analysis (for example, regression analysis) or by investigating consumer utility functions of several consumer groups classified as residential, industrial, and commercial. However, the elasticity has a tendency to change continuously according to the total market demand size or the level of market price. Therefore it should be updated as trading period passes by. In this paper we propose a method for inducing and updating this price elasticity of demand function for more realistic market equilibrium.

무효전력 비용 산정에 관한 연구 (A Study on Cost Evaluation for Capacitive Reactive Power)

  • 정춘식;박정도;문영현
    • 대한전기학회논문지:전력기술부문A
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    • 제53권3호
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    • pp.182-186
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    • 2004
  • In this paper, the cost for capacitive reactive flower is evaluated considering the deregulation environment. For the cost assessment of reactive power, the duration curve of reactive power demand is introduced and investigated. Also, a guideline is suggested to estimate the Q-cost by using the inverse of the Q-demand duration curve. In order to obtain optimal real reactive power allocation, a new algorithm is proposed by using the piecewise linearization of the inverse of the Q-demand duration curve and the Linear Programming technique. The proposed method is tested with sample systems using MATLAB. The test results show that the algorithm yields reasonable reactive power allocation and Provides fair cost evaluation for reactive power.

전력시장에서의 쿠르노 수요함수 추정 (A Proposed Method for Estimating Demand function of Cournot Model in Electricity Market)

  • 강동주;허진;오태규;정구형;김발호
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2005년도 추계학술대회 논문집 전력기술부문
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    • pp.168-170
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    • 2005
  • At present Cournot model is one of the most commonly used theories to analyze the gaming situation in oligopoly market. But there exist several problems to apply this model to electricity market. The representative one is to obtain the inverse demand curve able to be induced from the relationship between market price and demand response. In Cournot model, each player offers their generation quantity to accomplish maximum profit, which is accomplished by reducing their quantity compared with available total capacity. As stated above, to obtain the probable Cournot equilibrium to reflect real market situation, we have to induce the correct demand function first of all. Usually the correlation between price and demand appears on the long-term basis through the statistical data analysis (for example, regression analysis) or by investigating consumer utility functions of several consumer groups classified as residential, industrial, and commercial. However, the elasticity has a tendency to change continuously according to the total market demand size or the level of market price. Therefore it should be updated as trading period passes by. In this paper we propose a method for inducing and updating this price elasticity of demand function for more realistic market equilibrium

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거래비용 관점으로 본 클래식 음악공연 관람수요 (Demand for Classical Music Concerts from Transaction Cost Perspectives)

  • 이창진;김재범
    • 문화경제연구
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    • 제17권2호
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    • pp.3-28
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    • 2014
  • 공연예술 수요는 가격 이외의 사회 경제적 요인들 그리고 교육과 경험 지식 같은 문화자본의 영향을 받는다고 알려져 있다. 공연에 대한 지식과 경험과 관련하여 본 연구에서는 개별 공연이 가지는 정보가 수요에 미치는 영향을 거래비용 관점에서 분석하려 하였다. 이를 위해 실제 공연장 자료를 바탕으로 연구 모형을 회귀분석을 이용하여 선택된 공연의 장르, 가격, 인지도 등의 요소가 유료관람객 수에 준 영향을 실증 분석한 결과, 거래비용 특성에 따라 수요가 달라짐을 알 수 있었다. 그리고 일반적으로 가격과 수요는 반비례 관계로 알려져 있으나, 분석 결과 일정 가격 이상에서는 정비례 관계로 나타났다. 이 결과를 해석해보면, 가격이 상품의 질을 평가하는 정보로 사용된 것으로 볼 수 있으며, 관객이 공연관람을 통하여 얻을 수 있는 기대효용에 가격이 영향을 미치는 것을 의미한다. 상기한 분석결과를 통하여 공연의 가격에 따른 소비자의 거래비용의 경향을 확인할 수 있었다. 또한 분석 결과가 순수한 공연 관람 이외의 사회적 맥락의 소비라는 이론을 뒷받침할 수 있는 가능성을 보여주었다.

연결보가 있는 철근콘크리트 내력벽시스템의 내진성능평가 -1990년대 공동주택을 중심으로- (Seismic Performance Evaluations of RC Bearing Wall Systems with Coupling Beams - For Apartment Buildings in 1990s)

  • 이영욱;채지용
    • 한국지진공학회논문집
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    • 제15권4호
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    • pp.23-31
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    • 2011
  • 국내에서 1990년대 설계된 철근콘크리트 내력벽시스템으로 설계된 공동주택에 대한 내진 성능평가를 연구하기 위하여 실제 시공된 13개 건물의 도면을 수집하고 해석을 수행하였다. 내진성능을 평가하기 위하여 FEMA 356과 FEMA 440에 따라 산정하였다. 요구곡선을 위하여 내진설계 스펙트럼은 건축구조설계기준(2009년)에서 정한 값을 사용하였다. 각 건물에 대하여 인명안전과 붕괴방지의 수준에 대한 성능점을 산정하였다. 붕괴방지수준에 대하여 성능점에 도달할 때의 부재의 상태를 확인하여 본 결과, 총 13개중 9개(약70%)의 건물의 연결보와 벽체에 붕괴방지 수준 이상의 손상이 발생하였으며, 내력벽보다 연결보에서 손상이 더 크게 나타났다. 또한 본 연구에서 산정한 성능점과 주기의 상관성을 고찰한 결과, 반비례의 상관성이 있음을 알 수 있었다.