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A multi-agent generation expansion planning (GEP) simulation is useful for electricity market design. However, most preceding studies which assume a deterministic strategy didn't consider important elements of the multi-agent GEP, e.g. probabilistic strategy and multiple determination timing over years. This paper models the multi-agent GEP problem as an uncooperative stochastic strategy dynamic game,...
Diversity and inclusion (D&I) initiatives are taking on different forms and must constantly renew their relevance as the world's economic center shifts. With the center of economic gravity moving east and south, the most visible manifestations of diversity‐race and gender balance, for instance‐are changing. Creating greater opportunities for women is another workplace challenge nearly everywhere...
This chapter discusses the due diligence objectives based on a transaction's particular risks and opportunities. In the overwhelming majority of acquisition transactions, buyers are provided a narrow window of opportunity, in a competitive environment, to prepare for and perform due diligence. This entire process is designed not only to stimulate a sense of competitiveness but also to limit the buyers’...
This paper proposes a hybrid approach utilizing particle swarm optimization along with dynamic programming to solve unit commitment problem based on the profit under the deregulated power market. In the deregulated market, power and reserve prices are important factors in the decision process for unit commitment scheduling and offer freedom to utilities to schedule their generators to produce less...
We investigate the differences between groups and individuals in newsvendor ordering behavior by a laboratory experiment under the tournament competitive environment. We also study the association between newsvendor decision making and the decision-making styles measured by the General Decision-making Style (GDMS) inventory. We observe that group decision making is not always superior to individual...
Our research aims to extend the literature by empirically investigating a few critical aspects of the Newsvendor decision making problem that have not been studied before. First, we look at the impact of playing the game in a competitive (tournament) environment, where all subjects in the room are ranked by their profits after each round. We also study the impact of incrementally adding "decision...
In today's competitive environment, for telecom service providers, estimating the cost for providing their services is becoming increasingly important. Moreover, cost estimation in the telecommunication industry becomes more difficult because of increasing indirect cost upon digital convergence, expanding multipurpose facilities, complexity of service product, etc. Nevertheless, not much seem to have...
A decision making tool in competitive environments is proposed in this paper, which is based upon an analysis of the methodology of a human being for decision making in competitive environments. So it is similar to our way of making decisions in competitive environments. The tool is based upon the knowledge in our hands, instead of only depending on past experience like many approaches in literature...
This article deals with the issue of concept learning and tries to have a game theoretic view over the process of cooperative concept learning among agents in a multi-agent system, in which an extreme sense of competition has arisen. This gives birth to a new realm labeled as ”Learning Games”. We study the cooperative view and give a novel idea to use in competitive environments based on the solution...
The competitive facility location problems are investigated on many papers. In most of their papers the competitive location model with two competitors are investigated. In this paper three companies which are mutually competitive intend to locate their facilities on linear market. It is well-known that Nash equilibrium solution for location problem does not exist for three competitive facilities...
As a result of the changing medical environment in Taiwan, hospitals encounter increasing competitive pressure. In response to an increasingly competitive environment, hospitals are devoted to improving the quality of service received by the patients. This study explored how learning organisation influences staff members' service quality. A cross-sectional study was performed. The survey sample included...
This paper proposes a new explicit, step-by-step approach for a generating company to evaluate investments considering uncertainties and future expected investment from its competitors. We introduce a probabilistic valuation model to provide to the generating company a wider analytical framework as well as to incorporate risk assessment in the evaluation. The new framework consists of i) defining...
The strategic operational decision solutions will affect the enterprise's development on the long run. This research analyzes the evaluation of manufacturing enterprises' decision solutions from strategic aspect. The strategic decision solution's making is mainly based on the goal of competency enhancement. Different competitive strategy combination will bring different profit for the enterprise,...
The regional recognition based on urban culture is essentially about the design of city image as well as in a rapidly changing and keenly competitive environment. In order to solve the culture characteristic recognition and inheriting problem of a city, the work presented in this paper focuses on proposing an analysis and construction method of cultural characteristic element design DNA, which could...
A bi-level programming model is proposed by using the methods of equilibrium theory and variational inequality. The upper level model accounts for that the environmental protection agency can promote environmental benefit at possibly lower incentive and supervision costs. The lower level model describes the competitive behavior of the decision-makers under different incentive and supervision strategies,...
In recent time, technology applications in different fields, especially Business Intelligence (BI) have been developed rapidly and considered to be one of the most significant uses of information technology with special position reserved. The application of BI systems provides organizations with a sense of superiority in the competitive environment. Despite many advantages, the companies applying...
The motivation of this study is based on the potential strategies of industry are difficult to be found. Therefore, we propose the model to find the enterprise's strategy. The purpose is to obtain valuable concept and strategy early. The analysis data of this study are cell-phones which Taiwan in 2002. First, collect the specification of cell-phone into structural files through the principle of open...
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