Traditional international trade theories seldom consider the pursuit of power as maintaining and enlarging a country's relative strength in the process of interstate competition.However,in the context of great pow...Traditional international trade theories seldom consider the pursuit of power as maintaining and enlarging a country's relative strength in the process of interstate competition.However,in the context of great power competition,the importance of power in the trade between advanced and latecomer countries has become more pronounced.Given this situation,we can establish a tractable and generalized international economic political framework for analyzing great power competition by introducing the power factor into classic two-country trade theory,treating the absolute welfare and relative welfare emphasized by economics and political science respectively as actors'dual objectives,and making use of game theory methods.It can be found that in a two-country game composed of an advanced and a latecomer country,the latter will prefer a strategy of"enhancing its own strength and rectifying its own weak points,"while the former will favor a strategy that""worsens the other's weak points and enhances the other's strengths."Once the technological gap that determines comparative advantage narrows,the advanced country will tend to totally suppress the latecomer and even"decouple"from it.展开更多
In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East ...In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East China Grid. Simulation results are compared to real data to prove that the model is correct. Further analysis on simulation results point out the way to achieve an all-win game for power market members: generation companies improve their average load rates of the units by selling their electricity in the market, which makes units' cost drop and settlement price stay lower than benchmark price. Consequently electricity-demand provinces saved expenses, and units increase their profits. In conclusion, the trans-provincial electricity market of East China Power Grid is a successive case which improves the efficiency of the electricity industry by market-oriented measures.展开更多
文摘Traditional international trade theories seldom consider the pursuit of power as maintaining and enlarging a country's relative strength in the process of interstate competition.However,in the context of great power competition,the importance of power in the trade between advanced and latecomer countries has become more pronounced.Given this situation,we can establish a tractable and generalized international economic political framework for analyzing great power competition by introducing the power factor into classic two-country trade theory,treating the absolute welfare and relative welfare emphasized by economics and political science respectively as actors'dual objectives,and making use of game theory methods.It can be found that in a two-country game composed of an advanced and a latecomer country,the latter will prefer a strategy of"enhancing its own strength and rectifying its own weak points,"while the former will favor a strategy that""worsens the other's weak points and enhances the other's strengths."Once the technological gap that determines comparative advantage narrows,the advanced country will tend to totally suppress the latecomer and even"decouple"from it.
文摘In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East China Grid. Simulation results are compared to real data to prove that the model is correct. Further analysis on simulation results point out the way to achieve an all-win game for power market members: generation companies improve their average load rates of the units by selling their electricity in the market, which makes units' cost drop and settlement price stay lower than benchmark price. Consequently electricity-demand provinces saved expenses, and units increase their profits. In conclusion, the trans-provincial electricity market of East China Power Grid is a successive case which improves the efficiency of the electricity industry by market-oriented measures.
