A Dynamic Market Mechanism for Combined Heat and Power Microgrid Energy Management
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DOI: 10.1016/j.ifacol.2017.08.2040
Abstract: Abstract This paper develops a dynamic market mechanism (DMM) to optimally allocate electric and thermal power in a combined heat and power microgrid. The market is formulated as a receding horizon constrained optimization problem, from… read more here.
Keywords: energy; microgrid; market mechanism; market ... See more keywords
The intrinsic fallacy of market mechanism and private property rights in alleviating the tragedy of the commons
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DOI: 10.1080/00036846.2020.1716938
Abstract: ABSTRACT Economists’ solution to the tragedy of the commons relies on well-defined property rights and competitive market mechanism for limiting individuals’ self-serving, short-sighted actions that result in a dramatic depletion of the common resources. However,… read more here.
Keywords: tragedy commons; market mechanism; market; property rights ... See more keywords
Preliminary Evaluation of Market Mechanism-Based Bed Allocation System
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DOI: 10.3233/shti200443
Abstract: Effective bed management is important for hospital management. Until now, bed allocation process is generally controlled by administrative staffs in centralized manner but it is not always effective. In the present study, we proposed and… read more here.
Keywords: market mechanism; evaluation; allocation; bed allocation ... See more keywords