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Nash Equilibrium to Competitive Equilibrium Mechanisms Design: Subsidization and Punishment
Due to the small number of participants in realistic cases, the Nash equilibrium generated by an oligopolistic market is more appropriate for depicting the actual energy market than the competitive equilibrium generated by a competitive market.
Kaiying Lin +3 more
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Equilibrium mechanism between dc voltage and ac frequency for ac–dc interlinking converters [PDF]
The equilibrium between dc bus voltage and ac bus frequency (Udc-f equilibrium) is the algorithm core of unified control strategies for ac-dc interlinking converters (ILCs), because the equilibrium implements certain mechanism.
Haixu Shi +4 more
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A generalized electrode mechanism unifying classical electrochemical pathways in square-wave voltammetry [PDF]
The electrochemical framework consisting of two successive electron-transfer steps (EE) separated by a reversible homogeneous chemical equilibrium (Crev), followed by an irreversible regenerative chemical reaction (C′) linked to the participants in the ...
Rubin Gulaboski, Ivan Bogeski
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The role of destructive mechanisms within economic evolution [PDF]
This research is inspired by Joseph Schumpeter’s understanding of economic evolution. In his view, innovations promote economic development, whereas imitations promote the diffusion of innovations, leading the economy through a process that he defines as
Lipieta Agnieszka, Lipieta Artur
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Towards Money Market in General Equilibrium Framework
This paper aims to integrate the money market into the structure of the economy. The microfoundation is the starting point to define the money market and the general equilibrium mechanism of the economy.
Truong Hong Trinh
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Standing horse posture: a longer stance is more stable
Horses stand for most of each day. Although they can use various leg configurations (postures), they usually stand with vertical legs. Why? We addressed this question with a 2D quasi-static model having three rigid parts: a trunk, massless fore-limbs and
Karen Gellman, Andy Ruina
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Forming metallurgical phases has a critical impact on the performance of dissimilar materials joints. Here, we shed light on the forming mechanism of equilibrium and non-equilibrium intermetallic compounds (IMCs) in dissimilar aluminum/steel joints with ...
Shun-Li Shang +7 more
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KEYNESIAN THEORY IN THE ”MACROECONOMICS“ COURSE FOR NON-CORE FACULTIES
The article deals with the issues related to the teaching of Keynesian theory within the scope of macroeconomics course at the faculties of non-economic professions.
T. I. Kurnosova, I. E. Rudakova
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Equilibrium Analysis and Simulation Calculation of Four-Star Type Crank Linkage Mechanism
Unbalanced inertia force is inevitably generated during the operation of crank linkage. It is one of the main excitation sources of air compressor vibration and the focus of managing air compressor vibration noise.
Kai Chai, Junbo Hu, Jingjun Lou
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Fiscal policy transmission mechanism in Pakistan: A general equilibrium analysis
This paper explores the impact of fiscal spending on key macroeconomic indicators for Pakistan economy using an estimated open economy new Keynesian dynamic stochastic general equilibrium (DSGE) model.
Muhammad Raashid +2 more
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