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An Inspiring Economic Model
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作者 CUI XIAOQIN 《ChinAfrica》 2025年第9期19-21,共3页
On the opening day of the third China International Supply Chain Expo in Beijing on 16 July,one pavilion stood out by drawing special attention from visitors including representatives from the International Automobile... On the opening day of the third China International Supply Chain Expo in Beijing on 16 July,one pavilion stood out by drawing special attention from visitors including representatives from the International Automobile Federation,global and domestic tech giants like Siemens and CATL,as well as businesspeople from countries like Saudi Arabia,Germany,and Mexico. 展开更多
关键词 supply chain catl economic model china tech giants BUSINESSPEOPLE SIEMENS supply chain expo
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Economic Models and Human Behavior:The Tension Between Mathematics and Reality
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作者 SUN Tian 《Management Studies》 2024年第5期331-334,共4页
The use of mathematical models in economics has long been a subject of debate,particularly regarding the tension between mathematical precision and the unpredictability of human behavior.This paper critically examines... The use of mathematical models in economics has long been a subject of debate,particularly regarding the tension between mathematical precision and the unpredictability of human behavior.This paper critically examines the limitations of over-relying on mathematical models to predict economic outcomes,arguing that such models often fail to account for the social,cultural,and psychological factors that drive economic activities.The analysis highlights how attempts to quantify complex economic behaviors may lead to oversimplifications and inaccurate forecasts,as illustrated by past financial crises and market disruptions.The paper concludes by advocating for a more balanced approach that combines mathematical rigor with an understanding of human behavior to enhance the accuracy and effectiveness of economic predictions. 展开更多
关键词 economic models mathematical precision human behavior
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Optimal dispatching method for integrated energy system based on robust economic model predictive control considering source-load power interval prediction 被引量:5
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作者 Yang Yu Jiali Li Dongyang Chen 《Global Energy Interconnection》 EI CAS CSCD 2022年第5期564-578,共15页
Effective source-load prediction and reasonable dispatching are crucial to realize the economic and reliable operations of integrated energy systems(IESs).They can overcome the challenges introduced by the uncertainti... Effective source-load prediction and reasonable dispatching are crucial to realize the economic and reliable operations of integrated energy systems(IESs).They can overcome the challenges introduced by the uncertainties of new energies and various types of loads in the IES.Accordingly,a robust optimal dispatching method for the IES based on a robust economic model predictive control(REMPC)strategy considering source-load power interval prediction is proposed.First,an operation model of the IES is established,and an interval prediction model based on the bidirectional long short-term memory network optimized by beetle antenna search and bootstrap is formulated and applied to predict the photovoltaic power and the cooling,heating,and electrical loads.Then,an optimal dispatching scheme based on REMPC is devised for the IES.The source-load interval prediction results are used to improve the robustness of the REPMC and reduce the influence of source-load uncertainties on dispatching.An actual IES case is selected to conduct simulations;the results show that compared with other prediction techniques,the proposed method has higher prediction interval coverage probability and prediction interval normalized averaged width.Moreover,the operational cost of the IES is decreased by the REMPC strategy.With the devised dispatching scheme,the ability of the IES to handle the dispatching risk caused by prediction errors is enhanced.Improved dispatching robustness and operational economy are also achieved. 展开更多
关键词 Integrated energy system Source-load uncertainty Interval prediction Robust economic model predictive control Optimal dispatching.
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Multiobjective economic model predictive control using utopia-tracking for the wet flue gas desulphurization system 被引量:2
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作者 Shan Liu Wenqi Zhong +2 位作者 Xi Chen Li Sun Lukuan Yang 《Chinese Journal of Chemical Engineering》 SCIE EI CAS CSCD 2023年第2期343-352,共10页
Efficient control of the desulphurization system is challenging in maximizing the economic objective while reducing the SO_(2) emission concentration. The conventional optimization method is generally based on a hiera... Efficient control of the desulphurization system is challenging in maximizing the economic objective while reducing the SO_(2) emission concentration. The conventional optimization method is generally based on a hierarchical structure in which the upper optimization layer calculates the steady-state results and the lower control layer is responsible to drive the process to the target point. However, the conventional hierarchical structure does not take the economic performance of the dynamic tracking process into account. To this end, multi-objective economic model predictive control(MOEMPC) is introduced in this paper, which unifies the optimization and control layers in a single stage. The objective functions are formulated in terms of a dynamic horizon and to balance the stability and economic performance. In the MOEMPC scheme, economic performance and SO_(2) emission performance are guaranteed by tracking a set of utopia points during dynamic transitions. The terminal penalty function and stabilizing constraint conditions are designed to ensure the stability of the system. Finally, an optimized control method for the stable operation of the complex desulfurization system has been established. Simulation results demonstrate that MOEMPC is superior over another control strategy in terms of economic performance and emission reduction, especially when the desulphurization system suffers from frequent flue gas disturbances. 展开更多
关键词 Desulphurization system economics economic model predictive control Flue gas Optimization Utopia point
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Fractional Order Environmental and Economic Model Investigations Using Artificial Neural Network
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作者 Wajaree Weera Chantapish Zamart +5 位作者 Zulqurnain Sabir Muhammad Asif Zahoor Raja Afaf S.Alwabli S.R.Mahmoud Supreecha Wongaree Thongchai Botmart 《Computers, Materials & Continua》 SCIE EI 2023年第1期1735-1748,共14页
The motive of these investigations is to provide the importance and significance of the fractional order(FO)derivatives in the nonlinear environmental and economic(NEE)model,i.e.,FO-NEE model.The dynamics of the NEE m... The motive of these investigations is to provide the importance and significance of the fractional order(FO)derivatives in the nonlinear environmental and economic(NEE)model,i.e.,FO-NEE model.The dynamics of the NEE model achieves more precise by using the form of the FO derivative.The investigations through the non-integer and nonlinear mathematical form to define the FO-NEE model are also provided in this study.The composition of the FO-NEEmodel is classified into three classes,execution cost of control,system competence of industrial elements and a new diagnostics technical exclusion cost.The mathematical FO-NEE system is numerically studied by using the artificial neural networks(ANNs)along with the Levenberg-Marquardt backpropagation method(ANNs-LMBM).Three different cases using the FO derivative have been examined to present the numerical performances of the FO-NEE model.The data is selected to solve the mathematical FO-NEE system is executed as 70%for training and 15%for both testing and certification.The exactness of the proposed ANNs-LMBM is observed through the comparison of the obtained and the Adams-Bashforth-Moulton database results.To ratify the aptitude,validity,constancy,exactness,and competence of the ANNs-LMBM,the numerical replications using the state transitions,regression,correlation,error histograms and mean square error are also described. 展开更多
关键词 Environmental and economic model artificial neural networks fractional order NONLINEAR Levenberg-Marquardt backpropagation
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Finite-time economic model predictive control for optimal load dispatch and frequency regulation in interconnected power systems
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作者 Yubin Jia Tengjun Zuo +3 位作者 Yaran Li Wenjun Bi Lei Xue Chaojie Li 《Global Energy Interconnection》 EI CSCD 2023年第3期355-362,共8页
This paper presents a finite-time economic model predictive control(MPC)algorithm that can be used for frequency regulation and optimal load dispatch in multi-area power systems.Economic MPC can be used in a power sys... This paper presents a finite-time economic model predictive control(MPC)algorithm that can be used for frequency regulation and optimal load dispatch in multi-area power systems.Economic MPC can be used in a power system to ensure frequency stability,real-time economic optimization,control of the system and optimal load dispatch from it.A generalized terminal penalty term was used,and the finite-time convergence of the system was guaranteed.The effectiveness of the proposed model predictive control algorithm was verified by simulating a power system,which had two areas connected by an AC tie line.The simulation results demonstrated the effectiveness of the algorithm. 展开更多
关键词 economic model predictive control Finite-time convergence Optimal load dispatch Frequency stability
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Reverse Engineering, Some Board Games as a Key to the Development of Artificial Intelligence and Construction of Economic Models 被引量:1
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作者 Ewa Drabik 《Economics World》 2018年第2期121-132,共12页
Reverse engineering, also called back engineering, is the process of extracting knowledge or designing information from anything: mechanical device electronic components, computer programs, or biological, chemical ma... Reverse engineering, also called back engineering, is the process of extracting knowledge or designing information from anything: mechanical device electronic components, computer programs, or biological, chemical matters, and--subsequently--analyzing its components. Reverse engineering can be applied for the sake of creating artificial intelligence, e.g. when the used methods are based on very old games, such as Go and chess. Many generations of computers are able to play at the same level as human grandmasters. A computers' arrival at that level is due to imitation of human Go or chess play. A particular emphasis shall be placed upon the Go game, known for 5,500 years. Invented in China, it may be classified as the oldest board game, having its ardent enthusiasts until present times. Old physical issues can be easily projected upon the modeling of new economic phenomena and quantum games. The aim of this paper is to discuss the applications of reverse engineering, traditional social games and other domains, such as quantum physics, to the analysis of utterly new social as well as economic phenomena. 展开更多
关键词 reverse engineering category theory quantum games social games modelling of economic phenomena
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Demographic Influences on Digital Cultural Engagement and Economic Innovation Awareness:An Empirical Investigation
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作者 Yan Kan Yu 《Management Studies》 2025年第4期168-179,共12页
This study examines how demographic factors shape engagement with virtual cultural communities and awareness of emerging economic models.Using survey data from 202 participants,descriptive statistics,independent sampl... This study examines how demographic factors shape engagement with virtual cultural communities and awareness of emerging economic models.Using survey data from 202 participants,descriptive statistics,independent samples t-tests,and One-way Analysis of Variance(ANOVA)with Least Significant Difference(LSD)post-hoc analyses revealed significant influences of age,education,and occupation.No significant gender differences were found.Individuals aged 26-45 demonstrated higher virtual community participation(F=3.439,p=0.01)and emerging model awareness(F=2.834,p=0.026)than younger cohorts(18-25 years and below).Respondents with postgraduate education exhibited superior understanding of emerging economic models(F=3.296,p=0.022)and their nexus with cultural values(F=6.196,p<0.001)compared to those with lower educational attainment.Significant occupational variations existed in virtual participation(F=4.001,p=0.008)and economic model awareness(F=5.611,p=0.001),with enterprise employees and civil servants scoring higher than students and freelancers.These findings underscore the critical roles of life stage,educational investment,and professional context in shaping digital cultural behaviors and economic cognition,offering valuable insights for platform design,educational strategies,and policy development in the digital cultural economy. 展开更多
关键词 virtual cultural communities emerging economic models cultural values demographic factors digital engagement economic awareness ANOVA
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AN ECONOMIC MODEL-BASED MATCHING APPROACH BETWEEN BUYERS AND SELLERS THROUGH A BROKER IN AN OPEN E- MARKETPLACE 被引量:2
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作者 Dien Tuan LE Minjie ZHANG Fenghui REN 《Journal of Systems Science and Systems Engineering》 SCIE EI CSCD 2018年第2期156-179,共24页
A broker in an open e-marketplace enables buyers and sellers to do business with each other. Although a broker plays an important role in e-marketplaces, theory and guidelines for matching between buyers and sellers i... A broker in an open e-marketplace enables buyers and sellers to do business with each other. Although a broker plays an important role in e-marketplaces, theory and guidelines for matching between buyers and sellers in multi-attribute exchanges are limited. Therefore, a challenge for a broker's responsibility is how to maximize a buyer's total satisfaction degree as its goals under the consideration of trade-off between a buyer's buying quantity and price paid to a seller, and other attributes. To solve this challenge, this paper proposes an economic model-based matching approach between a buyer's requirements and a seller's offers. The major contributions of this paper are that (i) a broker can model a seller's price policy as per a buyer's buying quantity through communication between a broker and a seller; (ii) due to each buyer's different quantity demand, a broker models a buyer's satisfaction degree as per a buyer's buying quantity based on communication between a broker and a buyer; and (iii) to carry out a broker's matching processes, an objective function and a set of constraints are generated to help a broker to maximize a buyer's total satisfaction degree. Experimental results demonstrate the good performance of the proposed approach. 展开更多
关键词 E-MARKETPLACE BROKER multi-attributes matching approach economic model objectivefunction
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Economic modeling of mechanized and semi-mechanized rainfed wheat production systems using multiple linear regression model 被引量:2
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作者 Mobin Amoozad-Khalili Reza Rostamian +1 位作者 Mahdi Esmaeilpour-Troujeni Armaghan Kosari-Moghaddam 《Information Processing in Agriculture》 EI 2020年第1期30-40,共11页
Mathematical modeling of economic indices is a challenging topic in crop production systems.The present study aimed to model the economic indices of mechanized and semimechanized rainfed wheat production systems using... Mathematical modeling of economic indices is a challenging topic in crop production systems.The present study aimed to model the economic indices of mechanized and semimechanized rainfed wheat production systems using various multiple linear regression models.The study area was Behshahr County located in the east of Mazandaran Province,Northern Iran.The statistical population included all wheat producers in Behshahr County in 2016/17 crop year.Five input variables were human labor,machinery,diesel fuel,chemical(chemical fertilizers and chemical pesticides)costs,and the income was considered to be the output.The results showed that the cost of wheat production in the semimechanized system was higher than that of the mechanized system.In both systems,the highest cost was related to agricultural machinery input.Moreover,seed cost was lower in the mechanized system than that of the semi-mechanized system.The net return indicator was 993.68$ha1 and 626.71$ha1 for the mechanized and semi-mechanized systems,respectively.The average benefit to cost ratio was 3.46 and 2.40 for the mechanized and semi-mechanized systems,respectively,demonstrating the greater profitability of the mechanized system.The results of the evaluation of five types of regression models including the Cobb-Douglas,linear,2FI,quadratic and pure-quadratic for the mechanized and semi-mechanized production systems indicated that in the developed Cobb-Douglas model,the R2-value was higher than that of the quadratic model while RMSE and MAPE of the quadratic model were determined to be smaller than that of the Cobb-Douglas model.Therefore,the best model to investigate the relationship between input costs and the income of wheat production in both mechanized and semi-mechanized systems was the quadratic model. 展开更多
关键词 Rainfed wheat economic modeling Multiple linear regression model Production costs
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An Economic Model of the Wartime Economy: An Application to a Possible Sino-Japanese Conflict
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作者 Mario Arturo Ruiz Estrada Donghyun Park Jung Suk Kim 《Fudan Journal of the Humanities and Social Sciences》 2016年第3期425-447,共23页
This paper introduces a new economic model of a wartime economy, the war economic capability model--WEC-Model. The WEC-Model assesses the eco- nornic impact of an armed conflict in three different stages: (1) initi... This paper introduces a new economic model of a wartime economy, the war economic capability model--WEC-Model. The WEC-Model assesses the eco- nornic impact of an armed conflict in three different stages: (1) initial armed conflict and diplomatic negotiations; (2) military armed conflict; and (3) winners and losers in the post-armed conflict stage. The analysis makes use of new indicators such as economic desgrowth (-δ), armed conflict intensity (αi), armed conflict losses (-π), economic wear (Л), level of armed conflict tension (ζ), level of diplomatic nego- tiations (η), and total economic leaking (Ωt. To illustrate the model, we apply it to evaluate an imaginary armed conflict between the People's Republic of China and Japan. 展开更多
关键词 Armed conflict WAR economic modeling economic desgrowth
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Virtually coupled train set control subject to space-time separation:A distributed economic MPC approach with emergency braking configuration 被引量:1
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作者 Xiaolin Luo Tao Tang +1 位作者 Le Wang Hongjie Liu 《High-Speed Railway》 2024年第3期143-152,共10页
The emerging virtual coupling technology aims to operate multiple train units in a Virtually Coupled Train Set(VCTS)at a minimal but safe distance.To guarantee collision avoidance,the safety distance should be calcula... The emerging virtual coupling technology aims to operate multiple train units in a Virtually Coupled Train Set(VCTS)at a minimal but safe distance.To guarantee collision avoidance,the safety distance should be calculated using the state-of-the-art space-time separation principle that separates the Emergency Braking(EB)trajectories of two successive units during the whole EB process.In this case,the minimal safety distance is usually numerically calculated without an analytic formulation.Thus,the constrained VCTS control problem is hard to address with space-time separation,which is still a gap in the existing literature.To solve this problem,we propose a Distributed Economic Model Predictive Control(DEMPC)approach with computation efficiency and theoretical guarantee.Specifically,to alleviate the computation burden,we transform implicit safety constraints into explicitly linear ones,such that the optimal control problem in DEMPC is a quadratic programming problem that can be solved efficiently.For theoretical analysis,sufficient conditions are derived to guarantee the recursive feasibility and stability of DEMPC,employing compatibility constraints,tube techniques and terminal ingredient tuning.Moreover,we extend our approach with globally optimal and distributed online EB configuration methods to shorten the minimal distance among VCTS.Finally,experimental results demonstrate the performance and advantages of the proposed approaches. 展开更多
关键词 Virtually coupled train set Space-time separation economic model predictive control Distributed model predictive control Emergency braking configuration
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Construction of Alternatives for Stochastic Choice Models:Reflections From Choice Experiments on Diabetic Markets 被引量:1
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作者 Christine C.Huttin 《Management Studies》 2024年第6期368-378,共11页
According to design theories,alternatives result from a construct;it can be from an analyst or decision makers and stakeholders.The generation of alternatives for the development of an economic model on medical market... According to design theories,alternatives result from a construct;it can be from an analyst or decision makers and stakeholders.The generation of alternatives for the development of an economic model on medical markets was initiated with academic researchers,since medical and economic investigators also advised medical policies,especially at the time of the study on policy options to address shortages of critical drugs and to provide recommendations on controversial drugs in the TZD class.Global pharmaceutical pricing models have been so far driven by big life science companies in interaction with governments;the most common models discussed at a global level come from neo classical economic theory with adjustments of market prices,use of differentiated pricing to take into account adjustment of prices with GNPs differences or reference pricing to adjust access to consumers(e.g.in EU countries);other proposals include peak load pricing such as in Telecommunications.However,changes in international relation policies require now additional alternatives and objectives in a multi-stakeholder world for global health policies,the engagement of powerful non-state players,and the role of social medias into politics.In EWG-MCDA meeting at West Attica(Athens,2024),it was proposed to use a C-K design framework to expand policy alternatives,using expansion of the concept space,especially for a cost sharing research agenda;after the recent communications at Euro and ADA conferences in July 2024,this paper proposes some advances for the general framework involving the South and North Hemispheres,and addressing common issues on major diseases such as diabetes. 展开更多
关键词 global pharmaceuticals pricing economic modelling C-K design theory policy analytics cost sharing research
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Critical Analysis of Increasingly Mathematical Economics in the Modern Society
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作者 YU Renze 《Management Studies》 2024年第4期248-251,共4页
This paper critically examines the escalating trend of mathematization in economics,highlighting its implications and controversies in contemporary economic research.While the application of sophisticated mathematical... This paper critically examines the escalating trend of mathematization in economics,highlighting its implications and controversies in contemporary economic research.While the application of sophisticated mathematical models and statistical techniques has enhanced the precision,rigor,and status of economics within academia and practical application,concerns arise regarding the potential oversimplification and detachment from real-world complexities.The adoption of mathematical tools has arguably led to a focus on theoretically tractable problems at the expense of those more relevant to practical economic and social issues.This paper explores both the benefits and limitations of this trend,discussing how the reliance on quantitative methods affects the innovation,comprehensibility,and application of economic theories.We argue for a balanced approach that fosters innovation by integrating qualitative insights and embracing interdisciplinary methods to ensure economics remains both rigorous and relevant to societal needs. 展开更多
关键词 mathematization of economics quantitative methods economic models interdisciplinary integration
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A Two-Sector Economic Growth Model with Labor Force Transfer 被引量:1
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作者 Cai Dong\|han, Zhou Ming\|chun School of Mathematics and Statistics, Wuhan University , Wuhan 430072, Hubei, China 《Wuhan University Journal of Natural Sciences》 CAS 2003年第03A期769-774,共6页
In this paper, a two\|sector growth model is given. The labor force transfer process from agricultural sector to industrial sector is exogenous determined. By introducing the labor force transferring function, a two\|... In this paper, a two\|sector growth model is given. The labor force transfer process from agricultural sector to industrial sector is exogenous determined. By introducing the labor force transferring function, a two\|dimension nonautonomous differential equation is obtained. The results of the model manifest that the labor force transfer delays industrial sector growth and accelerates the agricultural sector growth. It is proved that the solution of the model is asymptotic stable. By the numerical analysis, the economic growth and labor force transfer is presented under the specific parameters. 展开更多
关键词 two\|sector economic growth model labor force transfer asymptotic stability
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Construction of Regional Economic Vitality Model
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作者 Dan Zhao Zhi Zhao Zening Chen 《Journal of Economic Science Research》 2020年第2期19-23,共5页
Regional economic vitality reflects the scale and development potential of a region’s economy.It largely determines the development of the city,and is also affected by many factors such as population competitiveness,... Regional economic vitality reflects the scale and development potential of a region’s economy.It largely determines the development of the city,and is also affected by many factors such as population competitiveness,corporate competitiveness,market vitality,innovation vitality,and environmental vitality.A pilot model was constructed with Hebei Province as the inspection area.Quantitative measurement of regional economic vitality was made by finding 21 indicators that indirectly or indirectly affect the economic vitality of Hebei Province.By analyzing the data of 21 indicators for nearly 10 years,the time series clustering is used to achieve the dimensionality reduction of the indicators.After the dimension reduction,it is divided into four categories:overall scale,development potential,market vitality,and innovation vitality.Construct the economic vitality structure model of Hebei Province,and determine the four types of contribution to economic vitality and compare them.On this basis,more accurately grasp the indicators that affect economic vitality and work out reasonable and effective action plans.From the perspective of human resources and corporate vitality,analyze how the action plan accurately affects the economic vitality of Hebei Province[1].The 11 cities in Hebei Province are the target of regional economic vitality.The economic vitality structure model constructed uses the required contribution value to select priority indicators.Finally,the six indicators of GPD,GPD growth rate,fiscal revenue,fiscal revenue growth rate,number of industrial enterprises above designated size,and total profit of industrial enterprises above designated size were established for eleven cities in Hebei Province to construct a TOPSIS scoring model,and calculation rankings were conducted through MATLAB.Results The top three cities were Shijiazhuang,Tangshan and Cangzhou. 展开更多
关键词 economic vitality structure model Time series clustering TOPSIS
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