• Title/Summary/Keyword: Equilibrium stage

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The Advantageous Bargaining Sequence in Sequential Bargaining with Multiple Parties (다수의 상대방과 연속 거래시의 유리한 거래 순서에 대한 연구)

    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.209-222
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    • 1997
  • In this paper, we study a bargaining order problem where one buyer sequentially bargains with two sellers whose reservation prices are unknown to the buyer but correlated. Our main question is who the buyer should bargain first with to maximize his expected payoff. This type of problem is widely applicable to business and political situations where one party negotiates with multiple parties sequentially. One of the most important element in a sequential bargaining is "linkage effect" which exists when the aggreement of the previous bargaining affects the outcome of the following bargaining. To examine "linkage effect", we assume that the sellers'objects are similar so that the sellers' reservation prices are correlated. In addition, to consider incomplete information aspect regarding reservation prices, it is assumed that the sellers' reservation prices are unknown to the buyer. That is, we deal with one sided incomplete information case. In our model, there are two stages in each of which the buyer meets one seller. Since we are concerned with the bargaining order, we consider two different bargaining orders. Using game theory, we find a perfect Bayesian equilibrium and compute the buyer's expected payoff for each bargaining order. Finally we identify the advantageous bargaining order for the buyer by comparing the expected payoffs obtained under two different bargaining orders. Our results are as follows: the advantageous bargaining order depends on the prior probability of the seller type. However, in general, the buyer should bargain first with the seller whose object is less valuable to the buyer. The basic reason for our result is that the buyer wants to experiment in the first stage to find out the sellers' reservation prices and in doing so, to minimize the experimental cost and maximize potential gain in case of negotiation failure in the first stage. in the first stage.

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Mechanical performance of sand-lightweight concrete-filled steel tube stub column under axial compression

  • Zhang, Xianggang;Deng, Dapeng;Lin, Xinyan;Yang, Jianhui;Fu, Lei
    • Structural Engineering and Mechanics
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    • v.69 no.6
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    • pp.627-635
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    • 2019
  • In order to study the axial compression performance of sand-lightweight concrete-filled steel tube (SLCFST) stub columns, three circular SLCFST (C-SLCFST) stub column specimens and three SLCFST square (S-SLCFST) stub column specimens were fabricated and static monotonic axial compression performance testing was carried out, using the volume ratio between river sand and ceramic sand in sand-lightweight concrete (SLC) as a varying parameter. The stress process and failure mode of the specimens were observed, stress-strain curves were obtained and analysed for the specimens, and the ultimate bearing capacity of SLCFST stub column specimens was calculated based on unified strength theory, limit equilibrium theory and superposition theory. The results show that the outer steel tubes of SLCFST stub columns buckled outward, core SLC was crushed, and the damage to the upper parts of the S-SLCFST stub columns was more serious than for C-SLCFST stub columns. Three stages can be identified in the stress-strain curves of SLCFST stub columns: an elastic stage, an elastic-plastic stage and a plastic stage. It is suggested that AIJ-1997, CECS 159:2004 or AIJ-1997, based on superposition theory, can be used to design the ultimate bearing capacity under axial compression for C-SLCFST and S-SLCFST stub columns; for varying replacement ratios of natural river sand, the calculated stress-strain curves for SLCFST stub columns under axial compression show good fitting to the test measure curves.

Estimation of Rivers Discharge by Probabilistic Velocity Function Considering Hydraulic Characteristics (하천 수리특성을 고려한 확률론적 유속공식에 의한 하천유량 산정)

  • Choo, Tai Ho;Lee, Sang Jin;Park, Sang Woo;Oh, Ryun Su
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.6B
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    • pp.537-542
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    • 2009
  • To improve stage-discharge curve equation considering water level's function, this study suggested the method that can efficiently compute rivers discharge based on hydraulic characteristics such as river width, area, channel bed slope and entropy concept adopting probabilistic approach. This scheme is proposed to estimate discharge from the velocity formulation based on the entropy function in the equilibrium state derived from the relation between mean and maximum flow velocity. It has been tested using field and laboratory hydraulic data collected from the Alberta university in Canada. As a result it was found that the method proposed in this study was more efficient and accurate comparing with the traditional stage-discharge curve equation.

Torsional Analysis of RC Beam Considering Tensile Stiffening of Concrete (콘크리트의 인장강성을 고려한 RC보의 비틀림 해석)

  • 박창규
    • Proceedings of the Korea Concrete Institute Conference
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    • 2002.10a
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    • pp.167-172
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    • 2002
  • Nonlinear analysis of the reinforced concrete beam subjected to torsion is presented. Seventeen equations involving seventeen variables are derived from the equilibrium equation, compatibility equation, and the material constitutive laws to solve the torsion problem. Newton method was used to solve the nonlinear simultaneous equations and efficient algorithms are proposed. Present model covers the behavior of reinforced concrete beam under pure torsion from service load range to ultimate stage. Tensile resistance of concrete after cracking is appropriately considered. The softened concrete truss model and the average stress-strain relations of concrete and steel are used. To verify the validity of Present model, the nominal torsional moment strengths according to ACI-99 code and the ultimate torsional moment by present model are compared to experimental torsional strengths of 55 test specimens found in literature. The ultimate torsional moment strengths by the present model show good results.

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Time Dependent Analysis Considering the Construction Sequences in Bridges of Movable Scaffolding System (MSS) (시공단계를 고려한 MSS 공법 교량의 시간의존적 거동해석)

  • Kwak Hyo-Gyoung;Son Je-Kuk
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2005.04a
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    • pp.167-174
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    • 2005
  • Through time-dependent analyses of RC bridges constructed by a movable scaffolding system (MSS) considering the construction sequence and creep deformation of concrete, structural responses related to the member forces are reviewed. On the basis of the compatibility condition and equilibrium equation at every construction stage, basic equations that can describe the moment variation with time in movable scaffolding construction are derived. By using the introduced relations, the design moment and its variation over time can easily be obtained with only the elastic analysis results and without additional time-dependent analyses considering the construction sequences. In addition, the design moments determined by the introduced equations are compared with the results from a rigorous numerical analysis with the objective of establishing the relative efficiencies of the introduced equations.

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Development of a Computer Code for Analyzing Time-dependent Nuclides Concentrations in the Multi-stage Continuous HLW Processing System -Equilibrium Steady State Model (다단계 연속후처리를 포함하는 핵주기공정의 핵종농도 동적분포해석 코드개발-정상평형상태 해석모델)

  • 장남복;윤정선;신영균;오세기
    • Proceedings of the Korea Society for Energy Engineering kosee Conference
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    • 2000.11a
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    • pp.173-181
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    • 2000
  • IAEA자료에 의하면 원자력 발전용 원자로는 1998년말 현재 세계 32개국에서 434기가 운전중이며, 총 출력은 3억 4889만kW인 것으로 나타났고, 이는 세계 총 발전량의 17%를 담당하는 것으로 확인되었다. 그러나 농축 우라늄 고체 핵연료를 사용하는 발전로 개념은 근본적으로 핵물질 SEU(Slightly Enriched Uranium)를 생산하기 위한 235U 농축과 노내에서 238U의 중성자 포획으로 전환.생성되는 Pu의 누적에 따른 핵확산 우려, 고준위 방사성 폐기물로 취급되는 사용후 핵연료 처리.처분에 관한 정책적.기술적 장기 전망의 불확실성, 그리고 설계기준사고인 LOCA로부터 중대사고로 이어지는 안전성 문제 등이 대두되고 있다. Th$^{233}$ /U용융염 핵연료주기를 이용하는 발전로 개념은 원자력 발전이 안고있는 고유문제들을 배제 또는 완화할 수 있는 방안으로 고려되고 있다.(중략)

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Estimation of Scour Depth at the Seadike Closure Gap (방조제 물막이구간의 세굴심도 추정)

  • 나정우
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 1998.10a
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    • pp.287-292
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    • 1998
  • The phenomena of local scour due to a current from a seadike closure gap which is protected by rock, then on to an erodible bed, have been studied. Based on the data of hydraulic model test, the scour characteristics have been investigated for the variation of maximum scour depth with time until reaching equilibrium stage and the shape of ultimate scour hole. A brief evaluation of DHL formula for the relationship between maximum scouring depth and time and a dimensionless form leading to time-scale introduced. On the basis of DHL formula, modified DHL formula denoted DHL-RDC formula is extend to the range of estimation of scour depth compared to DHL formula verified by model test.

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Analysis and Experiment on Cryogenic Refrigeration Using Solid Nitrogen (고체 질소를 이용한 극저온 냉동의 해석 및 실험)

  • 변정주;이윤숙;장호명
    • Progress in Superconductivity and Cryogenics
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    • v.3 no.2
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    • pp.77-83
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    • 2001
  • The thermal characteristics of solid nitrogen are investigated by experiment and analysis for the purpose of evaluating its feasibility as a cooling medium for HTS (high T$_{c}$ superconductor) magnets. A cryostat to refrigerate a liquid-nitrogen container well below its freezing temperature with a 2-stage GM cryocooler is designed and constructed. The spatial distribution of temperature is measure as a function of time during the freezing and melting processes. from which the thermal diffusivity of solid nitrogen can be approximately calculated. the freezing process is formulated and solved by the integral method with an assumption of phase equilibrium at the solid-liquid interface and experimental observation. It may be concluded that the thermal diffusion in solid phase is much slower than in liquid and the degree of super-saturation is quite severe in the solidification of nitrogen.n.

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Bond-Slip Effect in Analysis of RC Beams Using Layered Section Method (적층단면법을 토대로한 철근콘크리트 보 해석에서의 부착슬립효과)

  • Kwak-Hyo-Gyoung;Kim, Jin-Kook
    • Proceedings of the Korea Concrete Institute Conference
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    • 2005.11a
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    • pp.65-68
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    • 2005
  • An analytical procedure to analyze reinforced concrete (RC) frame subject to cyclic as well as monotonic loadings is proposed on the basis of the layered section method. In contrast to the classical nonlinear approaches adopting the perfect bond assumption, the bond-slip effect along the reinforcing bar is quantified with the force equilibrium and compatibility condition at the post-cracking stage and its contribution is implemented into the reinforcing. The advantage of the proposed analytical procedure, therefore, will be on the consideration of the bond-slip effect while using the classical layered section method without additional consideration such as taking the double nodes. Through correlation studies between experimental data and analytical results, it is verified that the proposed analytical procedure can effectively simulate the cracking behavior of RC beams, columns and Frame accompanying the stiffness degradation caused by the bond-slip.

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Finite Element Analysis of a Cold forging Process Having a Floating Die (부유금형을 가진 냉간단조 공정의 유한요소해석)

  • 전만수
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 1999.03b
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    • pp.103-107
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    • 1999
  • In this paper, a computer simulation technique for the forging process having a floating die is presented. The penalty rigid-plastic finite element method is employed together with an iteratively force-balancing method, in which the convergence is achieved when the floating die part is in force equilibrium within the user-specified tolerance. The force balance is controled by adjusting the velocity of the floating die in an automatic manner. An application example of a three-stage cold forging process is given.

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