Now showing items 1-4 of 4
Empirical comparison of three models for determining market clearing prices in Turkish day-ahead electricity market
Bidders in day-ahead electricity markets want to sell/buy electricity when their bids generate positive surplus and not to take an action when the reverse holds. However, non-convexities in these markets cause conflicts ...
On The Boundary Functional Of The Random Walk With Two Barriers Related To Optimal Capacity Of The Buffer Stock
(Baku State Univ, Inst Applied Mathematics, 2018)
In this study, a boundary functional (N) of the semi-Markovian random walk (X (t)) with two special barriers is considered. The boundary functional N is defined as the first time when the random walk exits from the interval ...
The Class of L boolean AND D and Its Application to Renewal Reward Process
(Amer Inst Physics, 2018)
The class of L boolean AND D is generated by intersection of two important subclasses of heavy tailed distributions: The long tailed distributions and dominated varying distributions. This class itself is also an important ...
Asymptotic Rate for Weak Convergence of the Distribution of Renewal-Reward Process with a Generalized Reflecting Barrier
(Springer-Verlag Berlin, 2016)
In this study, a renewal-reward process (X(t)) with a generalized reflecting barrier is constructed mathematically and under some weak conditions, the ergodicity of the process is proved. The explicit form of the ergodic ...