Search results for "MARK"
showing 10 items of 10630 documents
Renewable energy growth and the financial performance of electric utilities: A panel data study
2017
Electric utilities are under pressure to increase clean energy production. Although the adoption of renewable energy can improve the utilities' environmental performance, a fundamental question is if it also pays in economic terms. Building on the natural-resource-based view of the firm, we answer this question using two data analysis methods. First, we carry out a regression analysis of panel data from 66 large electric utilities covering the period 2005–2014, applying both a fixed and random effects estimator. Subsequently, we use the Granger causality test to explore possible causality links. Our results show a negative correlation at the firm level between renewable energy increase and …
“Natural wine” consumers and interest in label information: An analysis of willingness to pay in a new Italian wine market segment
2019
Abstract Increasing public attention to issues of health and environmental sustainability has contributed to a growing consumer demand for “natural” food and drinks. As has been observed, this trend has also affected the wine market, leading to the spread of so-called “natural wine”. According to the literature, consumers who are aware of the social and environmental impact of their consumption choices pay more attention to the information displayed on the label as a tool to reduce the risk associated with their purchase. This study seeks to identify which consumers are willing to pay for natural wine and to understand what information on the label influences their choice. This study is one…
District heating networks: enhancement of the efficiency
2019
International audience; During the decades the district heating's (DH) advantages (more cost-efficient heat generation and reduced air pollution) overcompensated the additional costs of transmission and distribution of the centrally produced thermal energy to consumers. Rapid increase in the efficiency of low-power heaters, development of separated low heat density areas in cities reduce the competitiveness of the large centralized DH systems in comparison with the distributed cluster-size networks and even local heating. Reduction of transmission costs, enhancement of the network efficiency by optimization of the design of the DH networks become a critical issue. The methodology for determ…
Financial winners and losers since the privatization of the English and Welsh water and sewerage industry: a profit decomposition approach
2020
Evaluating changes in profit, price and productivity over time can be of great importance for regulated water industries. We investigate the drivers of profit, price (capital, labour and other inputs) and productivity change (cost efficiency change, technical change and scale effect) and the recipients of productivity change (consumers, the business itself, employees and other resource suppliers) of the English and Welsh water and sewerage companies over the period of 1995–2016. The results indicate that the profit decreased over time due to the negative quantity effect, which offset the positive price effect. A further decomposition of the quantity effect illustrates the negative impact of…
Large multiple neighborhood search for the soft-clustered vehicle-routing problem
2021
Abstract The soft-clustered vehicle-routing problem (SoftCluVRP) is a variant of the classical capacitated vehicle-routing problem. Customers are partitioned into clusters and all customers of the same cluster must be served by the same vehicle. In this paper, we present a large multiple neighborhood search for the SoftCluVRP. We design and analyze multiple cluster destroy and repair operators as well as two post-optimization components, which are both based on variable neighborhood descent. The first allows inter-route exchanges of complete clusters, while the second searches for intra-route improvements by combining classical neighborhoods (2-opt, Or-opt, double-bridge) and the Balas-Simo…
Convergence of direct recursive algorithm for identification of Preisach hysteresis model with stochastic input
2015
We consider a recursive iterative algorithm for identification of parameters of the Preisach model, one of the most commonly used models of hysteretic input-output relationships. The classical identification algorithm due to Mayergoyz defines explicitly a series of test inputs that allow one to find parameters of the Preisach model with any desired precision provided that (a) such input time series can be implemented and applied; and, (b) the corresponding output data can be accurately measured and recorded. Recursive iterative identification schemes suitable for a number of engineering applications have been recently proposed as an alternative to the classical algorithm. These recursive sc…
Improving stock index forecasts by using a new weighted fuzzy-trend time series method
2017
Define a new technical indicator for measuring the trend of the fuzzy time series.Introduce a new weighted fuzzy-trend time series method to forecast stock indices.Compare ex-post performances of weighted FTS methods using stock market indices.Assess statistical significance of ex-post forecast accuracy for weighted FTS methods. We propose using new weighted operators in fuzzy time series to forecast the future performance of stock market indices. Based on the chronological sequence of weights associated with the original fuzzy logical relationships, we define both chronological-order and trend-order weights, and incorporate our proposals for the ex-post forecast into the classical modeling…
Scalability of GPU-Processed 3D Distance Maps for Industrial Environments
2018
This paper contains a benchmark analysis of the open source library GPU-Voxels together with the Robot Operating System (ROS) in large-scale industrial robotics environment. Six sensor nodes with embedded computing generate real-time point cloud data as ROS topics. The overall data from all sensor nodes is processed by a combination of CPU and GPU on a central ROS node. Experimental results demonstrate that the system is able to handle frame rates of 10 and 20 Hz with voxel sizes of 4, 6, 8 and 12 cm without saturation of the CPU or the GPU used by the GPU-Voxels library. The results in this paper show that ROS, in combination with GPU-Voxels, can be used as a viable solution for real-time …
Real-time human collision detection for industrial robot cells
2017
A collision detection system triggering on human motion was developed using the Robot Operating System (ROS) and the Point Cloud Library (PCL). ROS was used as the core of the programs and for the communication with an industrial robot. Combining the depths fields from the 3D cameras was accomplished by the use of PCL. The library was also the underlying tool for segmenting the human from the registrated point clouds. Benchmarking of several collision algorithms was done in order to compare the solution. The registration process gave satisfactory results when testing the repetitiveness and the accuracy of the implementation. The segmentation algorithm was able to segment a person represente…
Density Flow in Dynamical Networks via Mean-Field Games
2016
Current distributed routing control algorithms for dynamic networks model networks using the time evolution of density at network edges, while the routing control algorithm ensures edge density to converge to a Wardrop equilibrium, which was characterized by an equal traffic density on all used paths. We rearrange the density model to recast the problem within the framework of mean-field games. In doing that, we illustrate an extended state-space solution approach and we study the stochastic case where the density evolution is driven by a Brownian motion. Further, we investigate the case where the density evolution is perturbed by a bounded adversarial disturbance. For both the stochastic a…