For irrigation farmers, the deregulation of water markets and consequent emergence of water as a tradeable commodity calls for a method of comparing traditional on-farm water options (growing crops) with off-farm market options (selling water seasonally, or selling water licences permanently)....

The need for a comprehensive framework for the analysis of military system effectiveness is presented. Changes in the world’s economy and its effect on decision making is discussed, as well as the three primary ways decision makers use information: resource allocation, requirements definition,...

Operational optimization models are one of the main streams in modeling energy systems. Agent-based modeling and simulation seem to be another approach getting popular in this field. In either optimization or agent-based modeling practices, technological change in energy systems is a very...

This paper presents an adaptive RBF network for the on-line identification and tracking of rapidly-changing time-varying nonlinear systems. The proposed algorithm is capable of maintaining the accuracy of learned patterns even when a large number of aged patterns are replaced by new ones through...

This paper presents an applications case study and comparison of performance results between two computational models for simulating the performance of hybrid power systems. The first model, HYBRID2, was developed at the University of Massachusetts under National Renewable Energy Laboratory...

The modeling of complex systems such as ecological or socio-economic systems can be very challenging. Although various modeling approaches exist, they are generally not compatible and mutually consistent, and empirical data often do not allow one to decide what model is the right one, the best...