We are interested in mechanisms that maximize social welfare. In [2] this problem was studied for multi-unit auctions and for public project problems, and in each case social welfare undominated mechanisms were identified. One way to improve upon these optimality results is by allowing the players to move sequentially. With this in mind, we study here a sequential version of the Bailey-Cavallo ...

some of the important mechanical loads in the civil and military industries are variable speed and power and their efficiency. mechanical coupling of two different electric motors is suitable for these types of application. using this technique reduces energy consumption of submarine’s motion system and submarine range would be increased. but the use of this technique requires a complex control...

in conventional direct torque control (dtc), the stator flux is usually kept constant by controlling the x-axis component of the stator voltage in the stator flux reference frame. the torque is then controlled by the y-axis component of stator voltage. in this scenario, the stator current does not exceed its permissible value. however, in the so-called optimal efficiency mode, the induction mot...

in this paper proposes a fuzzy multi-objective hybrid genetic and bee colony optimization algorithm(ga-bco) to find the optimal restoration of loads of power distribution network under fault.restoration of distribution systems is a complex combinatorial optimization problem that should beefficiently restored in reasonable time. to improve the efficiency of restoration and facilitate theactivity...

The optimal design of a plate-fin recuperator of a 200-kW microturbine was studied in this paper. The exergy efficiency, pressure drop and total cost were selected as the three important objective functions of the recuperator. Genetic Algorithm (GA) and Non-dominated Sorting Genetic Algorithm (NSGA-II) were respectively employed for single-objective and multi-objective optimizations. By opt...

because of the piecewise linear nature of the data envelopment analysis (dea) frontier, the optimal multipliers of the dea models may not be unique. choosing weights from alternative optimal solutions of dual multiplier models is one of the most frequently studied subjects in the context of dea. in this paper, the authors have been inspired by the idea of cooper et al. (2011) to propose a linea...

this paper extends endogenous growth models through augmenting it with government budget and oil revenues as well as the effect of public investment efficiency on long run growth of private and government consumption and import for an oil producing economy. based on the extracted model, the optimal growth rate of government current expenditure (or consumption) has a positive relation with the e...