Best response dynamics in waste-to-energy plants' price setting problem

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26210%2F21%3APU143618" target="_blank" >RIV/00216305:26210/21:PU143618 - isvavai.cz</a>

Výsledek na webu

<a href="https://iopscience.iop.org/article/10.1088/1757-899X/1196/1/012016" target="_blank" >https://iopscience.iop.org/article/10.1088/1757-899X/1196/1/012016</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1088/1757-899X/1196/1/012016" target="_blank" >10.1088/1757-899X/1196/1/012016</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Best response dynamics in waste-to-energy plants' price setting problem

Popis výsledku v původním jazyce

This paper deals with the task of waste energy recovery and effective price setting of waste-to-energy plants. Its main contribution is the invention of a new approach to pricing of waste disposal in a particular waste management network. This novel method, which is based on a problem of finding the Nash equilibrium, takes into account the amounts of waste production of cities, capacities of waste-to-energy plants and their locations. The best response dynamics algorithm enables the computation of Nash equilibrium for a game of waste-to-energy plants in a normal form with numerous players and multiple strategies in comparison with other standard algorithms. The algorithm is able to find the Nash equilibrium for a sufficiently big step size between possible gate fees. The results of this work are applicable in the forecasting of prices of waste-to-energy plants' services for real waste management networks.

Název v anglickém jazyce

Best response dynamics in waste-to-energy plants' price setting problem

Popis výsledku anglicky

This paper deals with the task of waste energy recovery and effective price setting of waste-to-energy plants. Its main contribution is the invention of a new approach to pricing of waste disposal in a particular waste management network. This novel method, which is based on a problem of finding the Nash equilibrium, takes into account the amounts of waste production of cities, capacities of waste-to-energy plants and their locations. The best response dynamics algorithm enables the computation of Nash equilibrium for a game of waste-to-energy plants in a normal form with numerous players and multiple strategies in comparison with other standard algorithms. The algorithm is able to find the Nash equilibrium for a sufficiently big step size between possible gate fees. The results of this work are applicable in the forecasting of prices of waste-to-energy plants' services for real waste management networks.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

10102 - Applied mathematics

Projekt

<a href="/cs/project/EF16_026%2F0008413" target="_blank" >EF16_026/0008413: Strategické partnerství pro environmentální technologie a produkci energie</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

IOP conference series. Materials science and engineering

ISBN

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ISSN

1757-8981

e-ISSN

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Počet stran výsledku

8

Strana od-do

1-8

Název nakladatele

IOP Publishing

Místo vydání

neuveden

Místo konání akce

University College Dublin

Datum konání akce

19. 7. 2021

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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