Operations Research, Systems Engineering and Industrial Engineering Commons^™

A Game Modeling Of A Closed-Loop Supply Chain In A Water-Energy Nexus: Technology Advancement, Market Competition And Capacity Limit, Nabeel Hamoud

Theses and Dissertations

Water and energy are two scarce and concerning resources interconnected in the water-energy nexus. In the nexus, production of energy needs water, and production of water needs energy. For better management of these resources in the nexus, this research considers a supply chain that consists of water suppliers, power suppliers, and consumers of these commodities. In the chain, water suppliers purchase power from power suppliers, and power suppliers purchase water from water suppliers. Other consumers can also buy these resources at the water and power markets. Each firm tries to maximize its own profit. The suppliers of water and power …

Equilibrium Modeling And Policy Analysis Of A Biofuel Supply Chain With A Hydroelectric Reservoir, Jinwoo Bae

Theses and Dissertations

This research proposesd a game theoretic model of a biofuel supply chain (BSC) where a utility company supplies reservoir water to two farmers, located in downstream and upstream of a hydropower dam. The decision-making process of the model is formulated as a three-stage Stackelberg game. We analyze the equilibrium of the decentralized systems and the effect of the government subsidy on energy crop (switchgrass) production for cellulosic biofuel industries, with two forms of subsidy: (1) discriminated subsidies and (2) equalized subsidies.

The results show that both forms of subsidy improve social welfare in the BSC unless the amount of subsidy …

Persuasion, Political Warfare, And Deterrence: Behavioral And Behaviorally Robust Models, William N. Caballero

Theses and Dissertations

This dissertation examines game theory models in the context of persuasion and competition wherein decision-makers are not completely rational by considering two complementary threads of research. The first thread of research pertains to offensive and preemptively defensive behavioral models. Research in this thread makes three notable contributions. First, an offensive modeling framework is created to identify how an entity optimally influences a populace to take a desired course of action. Second, a defensive modeling framework is defined wherein a regulating entity takes action to bound the behavior of multiple adversaries simultaneously attempting to persuade a group of decision-makers. Third, an …

Modeling The Economic Machine Using Bayesian Inference And Statistical Networks, And Optimal Portfolio Construction Using Operations Research, Richard Yang

ENGS 88 Honors Thesis (AB Students)

In this paper, we propose a network-based model to attempt to connect modern macroeconomic theory with real world economic observations and trends. We find that by extending macroeconomic theory with credit leveraging/deleveraging thresholds, we are able to explain economic cycles in addition to long-term growth. Furthermore, we specifically explore the growth-inflation view of the macro economy as a basis for optimal portfolio construction and efficient asset trading. Connecting our network-based macroeconomic model and our optimal portfolio construction algorithm, we create a novel macroeconomic asset-trading framework.

Natural Resources Governance Employing Blockchain-Based Decision-Making, Farinaz Sabz Ali Pour, Adrian Gheorghe

Engineering Management & Systems Engineering Faculty Publications

Natural resources are essential structures of socio-economic systems which shape the well-being of humanity, environment, and the economy. Human actions have become the critical responsibility for environmental changes and pressuring many planetary boundaries. Having a systematic approach can provide a governance platform including the inherent characteristics of the resource, the historically established form of use, and transaction costs. A natural resource governance framework is developed by applying Blockchain technology as the primary goal of this study to regulate and manage the extraction and trades. Blockchain technology provides a distributed concurrency monitoring system for sustainable resource management. Persistent and pervasive cooperation …