Market participants can only bid with lagged information disclosure under the existing market mechanism,which can lead to information asymmetry and irrational market behavior,thus influencing market efficiency.To prom...Market participants can only bid with lagged information disclosure under the existing market mechanism,which can lead to information asymmetry and irrational market behavior,thus influencing market efficiency.To promote rational bidding behavior of market participants and improve market efficiency,a novel electricity market mechanism based on cloudedge collaboration is proposed in this paper.Critical market information,called residual demand curve,is published to market participants in real-time on the cloud side,while participants on the edge side are allowed to adjust their bids according to the information disclosure prior to closure gate.The proposed mechanism can encourage rational bids in an incentive-compatible way through the process of dynamic equilibrium while protecting participants’privacy.This paper further formulates the mathematical model of market equilibrium to simulate the process of each market participant’s strategic bidding behavior towards equilibrium.A case study based on the IEEE 30-bus system shows the proposed market mechanism can effectively guide bidding behavior of market participants,while condensing exchanged information and protecting privacy of participants.展开更多
Increasing popularity of spectrum-based services brings the striking contradictions between the limited spectrum resource and its increasing demands.This paper puts forward an approach to forecast the future spectrum ...Increasing popularity of spectrum-based services brings the striking contradictions between the limited spectrum resource and its increasing demands.This paper puts forward an approach to forecast the future spectrum demand and its economic value,so as to offer a scientific basis for spectrum regulators to resolve this contradiction effectively and make a long-term spectrum-use plan.Specifically,this paper analyzes the driving factors of spectrum demand firstly,based on which a forecasting model is constructed to predict the spectrum demand and its deficit/surplus in the next few years.Then,a forecasting model to measure the economic value of spectrum is proposed based on marginal opportunity cost theory,and the indifference curve is introduced to show the economic value generated by additional spectrum.Additionally,an empirical study is conducted to forecast the spectrum demand and its economic value for China in the next 10 years according to the proposed method.The results of this study show that spectrum deficit is a trend in future and releasing additional spectrum will bring China huge economic benefits.展开更多
基金supported by the National Natural Science Foundation of China(No.U1966204,No.52122706)。
文摘Market participants can only bid with lagged information disclosure under the existing market mechanism,which can lead to information asymmetry and irrational market behavior,thus influencing market efficiency.To promote rational bidding behavior of market participants and improve market efficiency,a novel electricity market mechanism based on cloudedge collaboration is proposed in this paper.Critical market information,called residual demand curve,is published to market participants in real-time on the cloud side,while participants on the edge side are allowed to adjust their bids according to the information disclosure prior to closure gate.The proposed mechanism can encourage rational bids in an incentive-compatible way through the process of dynamic equilibrium while protecting participants’privacy.This paper further formulates the mathematical model of market equilibrium to simulate the process of each market participant’s strategic bidding behavior towards equilibrium.A case study based on the IEEE 30-bus system shows the proposed market mechanism can effectively guide bidding behavior of market participants,while condensing exchanged information and protecting privacy of participants.
基金supported by the project: Assessment of economic and social impact of Mobile Broadband in China,which is entrusted by GSM Association in 2011
文摘Increasing popularity of spectrum-based services brings the striking contradictions between the limited spectrum resource and its increasing demands.This paper puts forward an approach to forecast the future spectrum demand and its economic value,so as to offer a scientific basis for spectrum regulators to resolve this contradiction effectively and make a long-term spectrum-use plan.Specifically,this paper analyzes the driving factors of spectrum demand firstly,based on which a forecasting model is constructed to predict the spectrum demand and its deficit/surplus in the next few years.Then,a forecasting model to measure the economic value of spectrum is proposed based on marginal opportunity cost theory,and the indifference curve is introduced to show the economic value generated by additional spectrum.Additionally,an empirical study is conducted to forecast the spectrum demand and its economic value for China in the next 10 years according to the proposed method.The results of this study show that spectrum deficit is a trend in future and releasing additional spectrum will bring China huge economic benefits.
