This paper focuses on demand management of electricity in consumer groups that form a cooperative. We propose a novel multiagent coordination algorithm to shape the energy consumption of the cooperative in the presence of energy generation and storage. To coordinate individual consumers under incomplete information and optimize the energy storage decision, we decompose the problem to two subpro...

The infrastructure of the electricity grid and super grid system in the hitherto industrialized world was to a large extent built up in the decades following World War II with a peak in investments around 1960-1980. This means that the flotilla of power transformers is now starting to reach projected lifetime of around 40 years. During the last couple of decades there has also been an ongoin...

Demand‐side management (DSM) merits increased attention by power system modelers. We argue that numerical models should incorporate DSM constraints in a complete and consistent way. Otherwise, flawed DSM patterns and distorted conclusions on the system benefits of demand‐side management are inevitable. Building on a model formulation put forward by Göransson et al. (2014...

Maximum residue levels (MRLs) regulations in plant products can create unnecessary trade barriers on one hand and enhance demand via risk mitigation or quality assurance on the other. We stipulate a generalized gravity equation model to disentangle the effects of MRLs on the import demand and foreign exporters’ supply. Applying the framework to the MRLs on pesticides imposed by high-income OECD...

Elasticities of demand and supply for South African manufactured exports are estimated using a vector error correction model in order to address simultaneity and non-stationarity issues. Demand is highly price-elastic, with elasticities ranging from –3 to –6. The price elasticity of supply is generally about 1, but some estimates are as low as 0.35. Competitors’ prices and world income are impo...

Executive Summary LS telcom provides spectrum management services to regulators, operators and spectrum users around the world. In addition to software and hardware solutions, LS provides consultancy services in spectrum management. A common request amongst regulators is to provide an evaluation of the amount of spectrum required for commercial terrestrial mobile broadband (IMT) services. In tr...

1. Introduction Intermodalism has been increasing both in the world and Turkey due to the demand and supply side developments in transport industry. Turkey has great potential in terms of intermodal transportation owing to its privileged geographical position amid European, Central Asia and Middle Eastern countries. The trend in development patterns in the Mediterrenean, the Black Sea, The CIS ...

Although the role of gold in the world economy has declined since the gold standard was abandoned, it remains important as a central bank reserve, a hedge against risks, a barometer of geopolitical uncertainty, and an input for jewelry. While portfolio demand for gold has been well studied, determinants of physical demand are less understood. Certain emerging-market countries like China and Ind...

Sports lottery, as a distinct sport product, has gained increasing popularity throughout the world. Drawing upon various theories developed over the years explaining the lottery gaming behavior, this study empirically examined the demand for the Shengfu lottery game, a popular soccer betting lottery in China. Specifically, this study examined the relationships between lottery demand and socio-d...