As it is well known, the theory of cooperative games finds applications in many fields. The goal of this paper is to highlight some applications of cooperative games, resulting from the cooperation between the Universities of Bergamo and Krakow, and some related open problems. The paper is organized in three main sections. The first deals with the description of some specific fields where the t...

as renewable energy increasingly penetrates into power grid systems, new challenges arise for system operators to keep the systems reliable under uncertain circumstances, while ensuring high utilization of renewable energy. this paper presents unit commitment (uc) which takes into account the volatility of wind power generation. the uc problem is solved with the forecasted intermittent wind pow...

This paper investigates how the formation of larger buyers affects a supplier’s profits and, by doing so, his incentives to undertake non-contractible activities. We first identify two channels of buyer power, which allows larger buyers to obtain discounts. We subsequently examine the effects of buyer power on the supplier’s incentives and on social welfare. Contrary to some informal claims in ...

Power system stabilizers have been widely used and successfully implemented for the improvement of power system damping. However, a fixed parameter power system stabilizer tends to be sensitive to variations in generator dynamics so that, for operating conditions away from those used for design, the effectiveness of the stabilizer can be greatly impaired. With the advent of microprocessor techn...

The current generation of nuclear reactors are evolutionary in design, mostly based on the technology originally designed to power submarines, and dominated by light water reactors. The aims of the Generation IV consortium are driven by sustainability, safety and reliability, economics, and proliferation resistance. The aims are extended here to encompass the ultimate and universal vision for s...

Standard economics courses describe the economic system as though it existed in a vacuum. In fact, economic systems are only one part of the larger social/psychological systems that include human motivations, culture, politics, institutions, ethics and history. These, in turn, are embedded in the physical contexts of technology and the built environment. All of these ultimately depend on the na...

Congestion management in electricity markets is traditionally done using deterministic values of power system parameters considering a fixed network configuration. In this paper, a stochastic programming framework is proposed for congestion management considering the power system uncertainties. The uncertainty sources that are modeled in the proposed stochastic framework consist of contingencie...

The purpose of this study is to find a picture stable financial system from the perspective Islamic economy. This type research literature with qualitative methods using normative, historical, and phenomenological approaches. normative approach used explain concepts economics. historical chronology use current system. explains contemporary events related topic. data taken wide variety literatur...