Search results for " optimization."
showing 10 items of 2333 documents
Bounded Computational Capacity Equilibrium
2010
We study repeated games played by players with bounded computational power, where, in contrast to Abreu and Rubisntein (1988), the memory is costly. We prove a folk theorem: the limit set of equilibrium payoffs in mixed strategies, as the cost of memory goes to 0, includes the set of feasible and individually rational payoffs. This result stands in sharp contrast to Abreu and Rubisntein (1988), who proved that when memory is free, the set of equilibrium payoffs in repeated games played by players with bounded computational power is a strict subset of the set of feasible and individually rational payoffs. Our result emphasizes the role of memory cost and of mixing when players have bounded c…
Competitive versus efficient extraction of a common property resource: The groundwater case
2001
Abstract In this paper socially optimal and private extraction of a common property aquifer are compared. Open-loop equilibrium and feedback equilibrium in linear strategies have been computed to characterize private extraction. The use of these two equilibrium concepts allows us to distinguish between cost and strategic externalities as long as the open-loop solution captures only the cost externality, and the feedback solution captures both. The results show that strategic behaviour increases the overexploitation of the aquifer compared to the open-loop solution. However, if the groundwater storage capacity is large, the difference between the socially optimal and private extraction, the …
Multiobjective GRASP with Path Relinking
2015
In this paper we review and propose different adaptations of the GRASP metaheuristic to solve multiobjective combinatorial optimization problems. In particular, we describe several alternatives to specialize the construction and improvement components of GRASP when two or more objectives are considered. GRASP has been successfully coupled with Path Relinking for single-objective optimization. Moreover, we propose different hybridizations of GRASP and Path Relinking for multiobjective optimization. We apply the proposed GRASP with Path Relinking variants to two combinatorial optimization problems, the biobjective orienteering problem and the biobjective path dissimilarity problem. We report …
Mean Field Linear Quadratic Games with Set Up Costs
2013
This paper studies linear quadratic games with set up costs monotonic on the number of active players, namely, players whose action is non-null. Such games arise naturally in joint replenishment inventory systems. Building upon a preliminary analysis of the properties of the best response strategies and Nash equilibria for the given game, the main contribution is the study of the same game under large population. We also analyze the influence of an additional disturbance in the spirit of the literature on H∞ control. Numerical illustrations are provided. © 2012 Springer Science+Business Media New York.
Introspection and equilibrium selection in 2 � 2 matrix games
1994
Game theory lacks an explanation of how players' beliefs are formed and why they are in equilibrium. This is the reason why it has failed to make significant advances with the problem of equilibrium selection even for quite siniple games, as 2x2 games with two strict Nash equilibria. Our paper models the introspection process by which the selected equilibrium is achieved in this class of games. Players begin their analysis with imprecise priors, obtained under weak restrictions formulated as Axioms. For a large class of reasoning dynamics we obtain as the solution the risk dominant Nash equilibrium.
Preliminary thermal optimization and investigation of the overall structural behaviour of the EU-DEMO water-cooled lead lithium left outboard blanket…
2022
The conceptual design phase of the EU-DEMO reactor has been recently launched, with the aim of evolving the DEMO pre-conceptual layout towards a more robust and articulated geometric configuration able to cope with most of the design requirements and to show further margins for the passing of the current potential show-stoppers. Hence, the achievement of the conceptual design of the Water-Cooled Lead Lithium Breeding Blanket (WCLL BB) is one of the milestones the EUROfusion consortium aims to achieve in the close future. To this purpose, within the framework of the research activities promoted by EUROfusion, a research campaign has been launched at the University of Palermo, in close cooper…
QUEXME: A Query Expansion Method Applied to Water Information System
2009
The aim of the paper is to present and apply a QUery EXpansion MEthod called QUEXME while querying the Euro-Mediterranean Information System (EMWIS) on know-how in the Water sector. EMWIS provides a strategic tool for exchanging information and knowledge in the water sector between and within the Euro Mediterranean partnership countries (www.emwis.net). Information retrieval on the web or through some cooperation of information sources or some general knowledge bases is a complex process and a great challenge with the emergence of the semantic web. The aim of the query expansion method is to help and guide users to build their requests giving them some usually related terms close to their q…
Distributed Consensus for Discrete-Time Directed Networks of Multiagents with Time-Delays and Random Communication Links
2013
Published version of an article in the journal: Abstract and Applied Analysis. Also available from the publisher at: http://dx.doi.org/10.1155/2013/158731 Open Access This paper is concerned with the leader-following consensus problem in mean-square for a class of discrete-time multiagent systems. The multiagent systems under consideration are the directed and contain arbitrary discrete time-delays. The communication links are assumed to be time-varying and stochastic. It is also assumed that some agents in the network are well informed and act as leaders, and the others are followers. By introducing novel Lyapunov functionals and employing some new analytical techniques, sufficient conditi…
Notice of Violation of IEEE Publication Principles: Robust Delay-Dependent $H_{\infty}$ Control of Uncertain Time-Delay Systems With Mixed Neutral, D…
2011
The problem of robust mode-dependent delayed state feedback H∞ control is investigated for a class of uncertain time-delay systems with Markovian switching parameters and mixed discrete, neutral, and distributed delays. Based on the Lyapunov-Krasovskii functional theory, new required sufficient conditions are established in terms of delay-dependent linear matrix inequalities for the stochastic stability and stabilization of the considered system using some free matrices. The desired control is derived based on a convex optimization method such that the resulting closed-loop system is stochastically stable and satisfies a prescribed level of H∞ performance, simultaneously. Finally, two numer…
Fractional visco-elastic Timoshenko beam from elastic Euler-Bernoulli beam
2014
The Euler–Bernoulli beam theory is well established in such a way that engineers are very confident with the determination of the stress field or deflections of the elastic beam based on this theory. In contrast, Timoshenko theory is not so much used by engineers. However, in some cases, Euler–Bernoulli theory, which neglects the effect of transversal shear deformation, yields unacceptable results. For instance, when dealing with visco-elastic behavior, shear deformations play a fundamental role. Recent studies on the response evaluation of a visco-elastic Euler–Bernoulli beam under quasi-static and dynamic loads have been stressed that for better capturing of the visco-elastic behavior, a …