Multiplicity of equilibria in conjectural variations models of natural gas markets
نویسندگان
چکیده
منابع مشابه
Conjectural variations, symmetric equilibria and economic policy
a r t i c l e i n f o In this paper, we consider conjectural variations in a simple static general equilibrium model under oli-gopolistic competition. The modeling of conjectures captures the role played by beliefs in a micro-founded model. So, the economy may have three kinds of symmetric general equilibria. Furthermore, these equilibria can be Pareto-ranked by the conjectural variation parame...
متن کاملFitting Electricity Market Models. a Conjectural Variations Approach
The worldwide electricity industry has been embedded in a significant restructuring process toward deregulation and competition during the last decade. Simultaneously, an important research effort has been made to properly incorporate market features within generation operation models. Cournot equilibrium has been one of the theoretical frameworks most widely used to model market behavior. Howe...
متن کاملhazard evaluation of gas condensate stabilization and dehydration unit of parsian gas refinery using hazop procedures
شناسایی مخاطرات در واحد 400 پالایشگاه گاز پارسیان. در این پروزه با بکارگیری از تکنیک hazop به شناسا یی مخاطرات ، انحرافات ممکن و در صورت لزوم ارایه راهکارهای مناسب جهت افزایش ایمنی فرا یند پرداخته میگردد. شرایط عملیاتی مخاطره آمیز نظیر فشار و دمای بالا و وجود ترکیبات مختلف سمی و قابل انفجار در واحدهای پالایش گاز، ضرورت توجه به موارد ایمنی در این چنین واحدهایی را مشخص می سازد. مطالعه hazop یک ر...
Oligopoly and consistent conjectural variations
This article examines "consistent" conjectural variations in an oligopoly model with a homogeneous product. A conjectural variation is consistent if it is equivalent to the optimal response of the otherfirms at the equilibrium defined by that conjecture. When the number of firms is fixed, we find that competitive behavior is consistent when marginal costs are constant, but that when marginal co...
متن کاملKALASHNIKOVand KALASHNYKOVA: SIMULATION OF A CONJECTURAL VARIATIONS
In this paper, we have extended previously known human migration models and realized a series of numerical experiments on a model example to simulate the influence of the marginal migration costs, utility function values and the influence coefficients on the equilibrium states. The introduced influence coefficients allow one to consider and study not only the two classical models by Walras (per...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 2016
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2016.01.032