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This paper proposes a game-theoretic framework for economic operations of future residential distribution systems with high participation of distributed electricity prosumers. Recently, the large-scale grid integration of distributed renewable energy is becoming a promising solution to restructuring the current power grid infrastructure and ensuring the reliability of energy supply. The wide adoption...
This paper explores the game-theory-based market clearing mechanisms for an open and transactive distribution grid. Driven by the Smart Grid paradigm shift, hundreds of thousands of distributed electricity prosumers have the potential to participate into the residential electricity market by managing their own generators and loads. Therefore, there is an urgent need to establish an efficient and effective...
Researches on core employees' loyalty on Tourism enterprises have been an increasing concern. To explore the two under-researched antecedent conditions ---the dimension and intensity of loyalty, this study, based on the one-shot games theory and infinitely repeated games one, analyzes the process for the performance of psychological contract between the core employees and tourism enterprise. It is...
Just in time (abbreviate JIT) purchasing is an important approach to shorten the response time of supply chain efficiently and implement the agile operation of supply chain. The ideal JIT purchasing is such delivery which happened until the demand occurred for the supply of a small number and many time, requiring a high level of quality availability, and avoiding unnecessary wastage of the test. From...
This paper first constructs the signaling game model in reverse supply chain under incomplete information, then analyzes the perfect Bayesian equilibrium and deducts the conditions under which separating equilibrium, pooling equilibrium and semi-separating equilibrium occurred. The best strategy for related manufacturers is also proposed. The conclusion in this paper may be helpful to enrich the theory...
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