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Risk measures are often used by decision makers (DMs) as a scalar risk characterization by integrating the statistical characteristics of risk as well as the DMs’ risk strategy towards uncertainty. A good risk measure typically needs to have a risk preference control mechanism, a complete...
Persistent link: https://www.econbiz.de/10010786535
In this paper, we consider the combined distribution and assignment (CDA) problem with link capacity constraints modeled as a hierarchical logit choice problem based on random utility theory. The destination and route choices are calculated based on the multi-nominal logit probability function,...
Persistent link: https://www.econbiz.de/10010865589
<title>Abstract</title> Modeling the elasticity of travel demand in network equilibrium analysis has several important transportation applications. In this paper, we provide a mathematical programming formulation for the C-logit stochastic user equilibrium problem with elastic demand (CL-SUE-ED) in the route...
Persistent link: https://www.econbiz.de/10010975828
The purpose of this paper is to examine the scaling effect and overlapping problem in a route choice context using the logit-based stochastic user equilibrium (SUE) principle to explicitly account for the congestion effect. Numerical experiments are performed on nine models: the deterministic...
Persistent link: https://www.econbiz.de/10010599289
Travel demand forecasting is subject to great uncertainties. A systematic uncertainty analysis can provide insights into the level of confidence on the model outputs, and also identify critical sources of uncertainty for enhancing the robustness of the travel demand model. In this paper, we...
Persistent link: https://www.econbiz.de/10010719827
Persistent link: https://www.econbiz.de/10011038514
Purpose – The purpose of this paper is to empirically study whether China could achieve strong export market power considering its highly decentralized coke production and trade. Design/methodology/approach – By using time series data, this paper econometrically estimates the coke export...
Persistent link: https://www.econbiz.de/10005009759
In the present work, a waste heat power generation system is analyzed based on the criteria with and without considering the heat/exergy loss to the environment. For the criteria without considering the heat/exergy loss to the environment, the first- and second-law efficiencies display different...
Persistent link: https://www.econbiz.de/10010811283
Comparing with conventional power plants, wind power generations are highly dependent on the natural environment. Especially under extreme wind condition, individual wind turbine might automatically disconnect from the grid once the wind speed is near or over the cut-out speed. This results in...
Persistent link: https://www.econbiz.de/10011040402
Wind energy has been considered as an important substitution of fossil-based energy for future society. However large-scale integration of wind power will introduce great risks to both power system planning and operation due to its stochastic nature. By adopting power system reliability theory,...
Persistent link: https://www.econbiz.de/10010744078