Results 91 to 100 of about 10,823 (257)

A Multi‐Agent Bidding Strategy in Day‐Ahead Joint Energy and Reserve Markets Considering Risk Preferences

open access: yesIET Smart Energy Systems, EarlyView.
A PER‐MATD3‐based bidding model for generators in day‐ahead joint energy and reserve markets is proposed. An aggressiveness coefficient quantifies risk preference, KAN improves interpretability and simulation results demonstrate enhanced coordinated decision‐making and training stability.
Xinge Xu   +5 more
wiley   +1 more source

Precision game engineering through reshaping strategic payoffs

open access: yesScientific Reports
Nash equilibrium is a key concept in game theory fundamental for elucidating the equilibrium state of strategic interactions, with applications in diverse fields such as economics, political science, and biology.
Elie Eshoa, Ali R. Zomorrodi
doaj   +1 more source

Centralized and Decentralized Event-Triggered Nash Equilibrium-Seeking Strategies for Heterogeneous Multi-Agent Systems

open access: yesMathematics
This paper addresses the event-triggered Nash equilibrium-seeking problem for non-cooperative games played by heterogeneous multi-agent systems. Unlike homogeneous multi-agent systems, heterogeneous multi-agent systems consist of agents with different ...
Liu He, Hui Cheng, Yunong Zhang
doaj   +1 more source

Bane or Boon: The Effects of Daigou (Buying on Behalf) in an Open Economy*

open access: yesEconomic Record, EarlyView.
Prompted by advancements in technology, particularly affordable or complimentary livestream features on mobile applications, a novel form of international trade—termed ‘daigou’—has emerged. In this practice, individual agents in developed countries (the North) purchase domestically produced goods on behalf of customers in developing countries (the ...
Xuan Nguyen, Chi‐Chur Chao, Hong Hwang
wiley   +1 more source

Unravelling Evolutionary Dynamics of Female Sexual Cannibalism and Male Reproductive Strategies in Spiders

open access: yesIntegrative Zoology, EarlyView.
Sexual cannibalism (SC), where one mating partner consumes the other in the context of mating, is especially prevalent among spiders. However, the evolution of SC in spiders is still not fully understood. We review key hypotheses for SC and explore how female‐initiated SC has driven the evolution of various male counter‐adaptations to mitigate its ...
Simona Kralj‐Fišer   +3 more
wiley   +1 more source

Network Structure and the Efficiency Gains from Mergers: Evidence from U.S. Freight Railroads

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT The trade‐off between market power and efficiency gains is central to antitrust analyses of mergers, but empirical evidence quantifying efficiencies remains limited. Using transaction‐level data from U.S. freight railroads (1985–2005), this article quantifies merger‐induced cost efficiencies, driven mainly by eliminating inter‐railroad ...
Yanyou Chen
wiley   +1 more source

Seeing like a citizen: Experimental evidence on how empowerment affects engagement with the state

open access: yesAmerican Journal of Political Science, EarlyView.
Abstract Building a strong and effective state requires revenue. Yet, in many low‐income countries, citizens do not make formal payments to the state or forego engaging with the state altogether due to vulnerability to opportunistic demands by state agents. We study two randomized interventions in Kinshasa, Democratic Republic of the Congo, designed to
Soeren J. Henn   +4 more
wiley   +1 more source

Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient

open access: yesEnergies
The evolution of the electricity market has brought the issues of market equilibrium and collusion to the forefront of attention. This paper introduces the Deep Deterministic Policy Gradient (DDPG) algorithm on the IEEE three-bus electrical market model.
Yifeng Liu   +5 more
doaj   +1 more source

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