Best response dynamics in waste-to-energy plants' price setting problem

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dc.contributor.authorEryganov, Ivancs
dc.contributor.authorŠomplák, Radovancs
dc.contributor.authorHrdina, Jaroslavcs
dc.contributor.authorNevrlý, Vlastimírcs
dc.coverage.volume1196cs
dc.date.issued2021-10-31cs
dc.description.abstractThis paper deals with the task of waste energy recovery and effective price setting of waste-to-energy plants. Its main contribution is the invention of a new approach to pricing of waste disposal in a particular waste management network. This novel method, which is based on a problem of finding the Nash equilibrium, takes into account the amounts of waste production of cities, capacities of waste-to-energy plants and their locations. The best response dynamics algorithm enables the computation of Nash equilibrium for a game of waste-to-energy plants in a normal form with numerous players and multiple strategies in comparison with other standard algorithms. The algorithm is able to find the Nash equilibrium for a sufficiently big step size between possible gate fees. The results of this work are applicable in the forecasting of prices of waste-to-energy plants' services for real waste management networks.en
dc.formattextcs
dc.format.extent1-8cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationIOP Conference Series: Materials Science and Engineering. 2021, vol. 1196, p. 1-8.en
dc.identifier.doi10.1088/1757-899X/1196/1/012016cs
dc.identifier.issn1757-8981cs
dc.identifier.orcid0000-0003-2203-882Xcs
dc.identifier.orcid0000-0002-5714-4537cs
dc.identifier.orcid0000-0003-2460-7571cs
dc.identifier.orcid0000-0001-6613-0340cs
dc.identifier.other176727cs
dc.identifier.researcheridHNR-5985-2023cs
dc.identifier.researcheridQ-9462-2017cs
dc.identifier.researcheridK-7147-2019cs
dc.identifier.researcheridAAC-8838-2019cs
dc.identifier.scopus57219437840cs
dc.identifier.scopus55515602000cs
dc.identifier.scopus14044864000cs
dc.identifier.scopus56769760500cs
dc.identifier.urihttp://hdl.handle.net/11012/204032
dc.language.isoencs
dc.publisherIOP Publishingcs
dc.relation.ispartofIOP Conference Series: Materials Science and Engineeringcs
dc.relation.urihttps://iopscience.iop.org/article/10.1088/1757-899X/1196/1/012016cs
dc.rightsCreative Commons Attribution 3.0 Unportedcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/1757-8981/cs
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/cs
dc.subjectwaste managementen
dc.subjectwaste-to-energy planten
dc.subjectgate feeen
dc.subjectgame theoryen
dc.subjectNash equilibriumen
dc.subjectbest responseen
dc.titleBest response dynamics in waste-to-energy plants' price setting problemen
dc.type.driverconferenceObjecten
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-176727en
sync.item.dbtypeVAVen
sync.item.insts2025.02.03 15:47:36en
sync.item.modts2025.01.17 16:48:27en
thesis.grantorVysoké učení technické v Brně. Fakulta strojního inženýrství. Ústav matematikycs
thesis.grantorVysoké učení technické v Brně. Fakulta strojního inženýrství. Ústav procesního inženýrstvícs
thesis.grantorVysoké učení technické v Brně. Fakulta strojního inženýrství. NCK energetika - sekce procesního inženýrstvícs
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