We study the competition and strategy selections between a class of generalized zero-determinant (ZD) strategies and the classic strategies of always cooperate (AllC), always defect (AllD), tit-for-tat (TFT), and win-stay-lose-shift (WSLS) strategies in an iterated prisoner’s dilemma...

This thesis makes a number of contributions to the MS literature. First, it develops a Market Fraction (MF) model with heterogeneous raders in a simple asset-pricing framework, which shows that the long-run behaviour and convergence of many variables describing the market can be characterised by...

This paper illustrates how to compare different microscopic simulation (MS) models and how to compare a MS model with real data in case the parameters of interest are estimated non- or semiparametrically.As examples we investigate the marginal single-period probability density function of stock...

Microscopic simulation models are often evaluated based on visual inspection of the results.This paper presents formal econometric techniques to compare microscopic simulation (MS) models with real-life data.A related result is a methodology to compare different MS models with each other.For...

To solve the overheating problem caused by the solar radiation and to keep the indoor temperature and humidity at a proper level for plants or crops, cooling technologies play vital role in greenhouse industry, and among which evaporative cooling is one of the most commonly-used methods....

A high fidelity approach for wind turbine aero-elastic simulations including explicit representation of the atmospheric wind turbulence is presented. The approach uses a dynamic overset computational fluid dynamics (CFD) code for the aerodynamics coupled with a multi-body dynamics (MBD) code for...

Increasing attention is being given to energy-saving air conditioning technology in recent years. Using natural refrigerant and driven by low grade thermal energy, rotary desiccant cooling system has become a sound alternative solution to conventional vapor compression system. Although one-stage...

This paper examines extensive hourly or half-hourly power price data from 14 deregulated power markets. It analyzes average diurnal patterns, relationship to system load, volatility, and consistency over time. Diurnal patterns indicate the average price spread between off-peak and on-peak and...