• Journal of Korean Institute of Industrial Engineers
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• v.28 no.4
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• pp.379-389
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• 2002

In this paper, we study the competition between two kinds of suppliers, a bricks and mortars(B&M) and a clicks and mortars(C&M). Using the circular spatial market model, we derive and analyze the Nash and Stackelberg equilibria as a function of offline market share and efficiency of online channel of the C&M supplier. The result can be summarized as follows: (1) Stackelberg equilibrium is always superior to the Nash equilibrium, (2) Under certain conditions, the price of online channel can be higher than that of offline channel, (3) It is impossible for the C&M supplier to encroach on all of the B&M supplier's market, (4) In some cases, the C&M supplier has incentive to lower the efficiency of its online channel for more profit.

• Journal of Korean Institute of Industrial Engineers
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• v.27 no.2
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• pp.181-189
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• 2001

The proliferation of the Internet and related technologies and applications has led to a new form of market place known as the electronic store. In this paper, we study competition between two shopping channels, an electronic store and traditional retailers. Based on the circular spatial market model, we derive the Nash and Stackelberg equilibria as a function of the efficiency of the electronic store. The result shows that the Stackelberg equilibrium is always superior to the Nash equilibrium for both channels. It is also shown that, in some cases, the electronic store has incentive to decrease its efficiency to gain more profit.

• Journal of Electrical Engineering and Technology
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• v.8 no.4
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• pp.675-685
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• 2013

Generation capacities and transmission line constraints in a competitive electricity market make it troublesome to compute Nash Equilibrium (NE) for analyzing participants' strategic generation quantities. The NE can cause a mixed strategy NE rather than a pure strategy NE resulting in a more complicated computation of NE, especially in a multiplayer game. A two-level hierarchical optimization problem is used to model competition among multiple participants. There are difficulties in using a mathematical programming approach to solve a mixed strategy NE. This paper presents heuristics applied to the mathematical programming method for dealing with the constraints on generation capacities and transmission line flows. A new formulation based on the heuristics is provided with a set of linear and nonlinear equations, and an algorithm is suggested for using the heuristics and the newly-formulated equations.

• Advances in robotics research
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• v.1 no.1
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• pp.41-59
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• 2014

This paper deals with the problem of steering a group of mobile robots along a reference path while maintaining a desired geometric formation. To solve this problem, the overall formation is decomposed into numerous geometric patterns composed of pairs of robots, and the state of the geometric patterns is defined. A control algorithm for the problem is proposed based on the Nash equilibrium strategies incorporating receding horizon control (RHC), also known as model predictive control (MPC). Each robot calculates a control input over a finite prediction horizon and transmits this control input to its neighbor. Considering the motion of the other robots in the prediction horizon, each robot calculates the optimal control strategy to achieve its goals: tracking a reference path and maintaining a desired formation. The performance of the proposed algorithm is validated using numerical simulations.

• Journal of Korean Society of Transportation
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• v.23 no.4 s.82
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• pp.37-45
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• 2005

This paper presents a relationship between Nash bargaining game and Wardrop user equilibrium, which has been widely used in transportation modeling for route choice problem. Wardrop user equilibrium assumes that drivers in road network have perfect information on the traffic conditions and they choose their optimal paths without cooperation each other. In this regards, if the bargaining game process is introduced in route choice modeling, we may avoid the strong assumptions to some extent. For such purpose, this paper derives a theorem that Nash bargaining solution is equivalent to Wardrop user equilibrium as the barging process continues and prove it with some numerical examples. The model is formulated based on two-person bargaining game. and n-person game is remained for next work.

• Journal of Korea Water Resources Association
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• v.32 no.5
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• pp.565-577
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• 1999

The geometric patterns of a stream network in a drainage basin can be viewed as a "fractal" with fractal dimensions. Fractals provide a mathematical framework for treatment of irregular, ostensively complex shapes that show similar patterns or geometric characteristics over a range of scale. GIUH (Geomorphological Instantaneous Unit Hydrograph) is based on the hydrologic response of surface runoff in a catchment basin. This model incorporates geomorphologic parameters of a basin using Horton's order ratios. For an ordered drainage system, the fractal dimensions can be derived from Horton's laws of stream numbers, stream lengths and stream areas. In this paper, a fractal approach, which is leading to representation of a 2-parameter Gamma distribution type GIUH, has been carried out to incorporate the self similarity of the channel networks based on the high correlations between the Horton's order ratios. The shape and scale parameter of the GIUH-Nash model of IUH in terms of Horton's order ratios of a catchment proposed by Rosso(l984J are simplified by applying the fractal dimension of main stream length and channel network of a river basin. basin.

• Journal of Korean Society on Water Environment
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• v.26 no.3
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• pp.532-539
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• 2010

The synthetic unit hydrograph is developed and verified using Nash model and characteristic velocities considering geomorphological dispersion in this present study. Application watersheds are selected 5 subwatersheds of Bocheong basin. The mean and variance of hillslope and stream path length are estimated in each watershed with GIS. Characteristic velocities are calculated using estimated path lengths and moment characteristics of rainfall-runoff data. Characteristic velocities of random devised 7 ungauged watersheds are estimated through regional analysis of chracteristic velocities in guaged watershed. And Nash model parameters and IUH are derived using characteristic velocities and path length in the gauged and ungauged watershed. The result to compare of IUH about gauged watershed and random devised ungauged watershed in application watershed presents coherently hydrologic response characteristics that peak discharge is reduced and peak time is extended. In conclusion, Developed synthetic unit hydrograph in this study expects that it is useful method to estimate runoff discharge for managing of water pollution in ungauged watershed.

• Journal of the Korean Association of Geographic Information Studies
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• v.11 no.1
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• pp.20-30
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• 2008

This study is to analyse the hydrological behavior of agricultural reservoir using SWAT model. For the upsteam watershed of Gongdo water level gauge station in Anseongcheon watershed, the streamflows at 2 reservoir (Gosam and Geumgwang) locations and Gongdo station were simulated with reservoir inclusion and exclusion. The daily water surface area and storage have been calculated considering the stage-storage curve function of the reservoir. Afterwards, the reservoir operation module in SWAT was modified from original module in SWAT for daily reservoir discharge simulated by water balance equation. Model validation results were Nash-Sutcliffe model efficiency coefficients value of 0.55, root mean square error value of 2.33 mm/day. On the other hand, the simulation results of two reservoir exclusion were Nash-Sutcliffe model efficiency coefficients value of 0.37, root mean square error value of 2.91 mm/day. The difference of Nash-Sutcliffe model efficiency coefficients between the simulation results of two reservoir inclusion and exclusion at Gongdo station was 0.18. This is caused by the storage and release operation of agricultural reservoirs for the runoff occurred at 2 reservoir watersheds.

• Journal of Electrical Engineering and Technology
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• v.2 no.4
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• pp.494-499
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• 2007

In this paper, we have investigated how transmission network constraints can be modeled in an electricity market equilibrium model. Under Cournot competition assumption, a game model is set up considering transmission line capacity constraints. Based on locational marginal pricing principle, market clearing is formulated as a total consumers# benefit maximization problem, and then converted to a conventional optimal power flow (OPF) formulation with a linearized transmission model. Using market clearing formulation, best response analysis is formulated and, finally, Nash equilibrium is formulated. In order for illustration, a numerical study for a four node system with two generating firms and two loads are presented.

• Journal of Electrical Engineering and Technology
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• v.9 no.1
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• pp.90-97
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• 2014

Nash Cournot Equilibrium (NCE) has been widely used in a competitive electricity market to analyze generation firms' strategic production quantities. Congestion on a transmission network may lead to a mixed strategy NCE. Mixed strategy is complicated to understand, difficult to compute, and hard to implement in practical market. However, Stackelberg model based equilibrium does not have any mixed strategy, even under congestion in a transmission line. A guide to understanding mixed strategy equilibrium is given by analyzing a cycling phenomenon in the players' best choices. This paper connects the concept of leader-follower in Stackelberg model with relations between generation firms on both sides of the congested line. From the viewpoint of social welfare, the surplus analysis is presented for comparison between the NCE and the Stackelberg equilibrium (SE).