In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of...In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of recurring bids,at a rate-at each time of the immediately preceding.This article answers to question like"what share would the proposer be willing to give to the responder in the case of three taking part in the ultimatum game?"Which would be moral and which fair?At which point of distribution would it be accepted by the responder?A Chi Square(x^(2))test is used.For this reason,after investigating the social integration factors through the literature,two small surveys trying to identify the distribution rate are conducted.We conclude that a share 0.40 could be accepted by the responder and the"third".展开更多
Natural gas is expected to play a much more important role in China in future decades, and market reform is crucial for its rapid market penetration. At present, the main gas fields, pipelines and liquefied natural ga...Natural gas is expected to play a much more important role in China in future decades, and market reform is crucial for its rapid market penetration. At present, the main gas fields, pipelines and liquefied natural gas(LNG) infrastructure are mainly monopolized by large state-owned companies, and one of the important market reform policies is to open up LNG import rights to smaller private companies and traders. Therefore, in the present study, a game theoretical model is proposed to analyze and compare the impacts of different market structures on infrastructure deployment and social welfare. Moreover, a support vector machine-based rolling horizon stochastic method is adopted in the model to simulate real LNG price fluctuations. Four market reform scenarios are proposed considering different policies such as business separation, third-party access(TPA) and their combinations. The results indicate that, with third-party access(TPA)entrance into the LNG market, the construction of LNG infrastructure will be promoted and more gas will be provided at lower prices, and thus the total social welfare will be improved greatly.展开更多
文摘In this article it is investigated the case of a three-part ultimatum game,where the proposer makes repeated sharing suggestions to the responder and a"third".This"third"is the regulatory factor of recurring bids,at a rate-at each time of the immediately preceding.This article answers to question like"what share would the proposer be willing to give to the responder in the case of three taking part in the ultimatum game?"Which would be moral and which fair?At which point of distribution would it be accepted by the responder?A Chi Square(x^(2))test is used.For this reason,after investigating the social integration factors through the literature,two small surveys trying to identify the distribution rate are conducted.We conclude that a share 0.40 could be accepted by the responder and the"third".
基金financial support of the National Natural Science Foundation of China (Grant No. 71774171)Science Foundation of China University of Petroleum, Beijing (No. 2462017YB11)
文摘Natural gas is expected to play a much more important role in China in future decades, and market reform is crucial for its rapid market penetration. At present, the main gas fields, pipelines and liquefied natural gas(LNG) infrastructure are mainly monopolized by large state-owned companies, and one of the important market reform policies is to open up LNG import rights to smaller private companies and traders. Therefore, in the present study, a game theoretical model is proposed to analyze and compare the impacts of different market structures on infrastructure deployment and social welfare. Moreover, a support vector machine-based rolling horizon stochastic method is adopted in the model to simulate real LNG price fluctuations. Four market reform scenarios are proposed considering different policies such as business separation, third-party access(TPA) and their combinations. The results indicate that, with third-party access(TPA)entrance into the LNG market, the construction of LNG infrastructure will be promoted and more gas will be provided at lower prices, and thus the total social welfare will be improved greatly.
