Microeconomics

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Microeconomics (from Greek prefix micro- meaning "small" + "economics") is a branch of economics that studies the behavior of how the individual modern household and firms make decisions to allocate limited resources. (Wikipedia.org)






Conferences related to Microeconomics

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2018 IEEE International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)

The International Conference on Probabilistic Methods Applied to Power Systems cover all aspects of probabilistic and statistical modeling of power systems.


2017 13th IEEE Conference on Automation Science and Engineering (CASE 2017)

This is the flagship conference of IEEE RAS in Automation


2017 13th IEEE International Conference on Control & Automation (ICCA)

Theory and applications of control and automation, and possible contributions toward sustainable development and environment preservation


2017 14th IEEE Annual Consumer Communications & Networking Conference (CCNC)

IEEE CCNC 2017 will present the latest developments and technical solutions in the areas of home networking, consumer networking, enabling technologies (such as middleware) and novel applications and services. The conference will include a peer-reviewed program of technical sessions, special sessions, business application sessions, tutorials, and demonstration sessions


2017 14th International Conference on Service Systems and Service Management (ICSSSM)

The scope of the conference includes topics on: Theory and Principle of Service Sciences;Service System Design, Operations, and Management, Supply Chain Management for Service, Service Marketing and Financial Management, Specific Industrial Service Management, Service Information Technology and Decision Making, Service Experiential Studies and Case Studies.


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Periodicals related to Microeconomics

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Automation Science and Engineering, IEEE Transactions on

The IEEE Transactions on Automation Sciences and Engineering (T-ASE) publishes fundamental papers on Automation, emphasizing scientific results that advance efficiency, quality, productivity, and reliability. T-ASE encourages interdisciplinary approaches from computer science, control systems, electrical engineering, mathematics, mechanical engineering, operations research, and other fields. We welcome results relevant to industries such as agriculture, biotechnology, healthcare, home automation, maintenance, manufacturing, pharmaceuticals, retail, ...


Computers, IEEE Transactions on

Design and analysis of algorithms, computer systems, and digital networks; methods for specifying, measuring, and modeling the performance of computers and computer systems; design of computer components, such as arithmetic units, data storage devices, and interface devices; design of reliable and testable digital devices and systems; computer networks and distributed computer systems; new computer organizations and architectures; applications of VLSI ...


Engineering Management, IEEE Transactions on

Management of technical functions such as research, development, and engineering in industry, government, university, and other settings. Emphasis is on studies carried on within an organization to help in decision making or policy formation for RD&E.


Internet Computing, IEEE

IEEE Internet Computing provides journal-quality evaluation and review of emerging and maturing Internet technologies and applications. The magazine targets the technical and scientific Internet user communities as well as designers and developers of Internet-based applications and enabling technologies. IC publishes refereed articles on the latest developments and key trends in Internet technologies and applications. A crossroads between academic researchers and ...


Micro, IEEE

IEEE Micro magazine presents high-quality technical articles from designers, systems integrators, and users discussing the design, performance, or application of microcomputer and microprocessor systems. Topics include architecture, components, subassemblies, operating systems, application software, communications, fault tolerance, instrumentation, control equipment, and peripherals.


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Most published Xplore authors for Microeconomics

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Xplore Articles related to Microeconomics

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Microeconomics Inspired Mechanisms to Manage Dynamic Spectrum Allocation

D. Grandblaise; C. Kloeck; T. Renk; P. Bag; P. Levine; K. Moessner; J. Yang; M. Pan; K. Zhang 2007 2nd IEEE International Symposium on New Frontiers in Dynamic Spectrum Access Networks, 2007

Trying to achieve higher usage efficiency for spectrum has been on the research agenda for some time now. More efficient transmission technologies are being developed, but they alone will not solve the problem of spatially and temporally underused spectrum and radio resources. Mechanisms to optimize spectrum access over space and time are required. This paper describes schemes, based on multiple ...


Transmission Tariffs by Use of System and Economic Benefits

D. J. Camac; R. C. Bastidas; W. Sifeuntes; R. D. Tabors; H. M. Merrill 2009 42nd Hawaii International Conference on System Sciences, 2009

Setting electric transmission tariffs is a classical multi-objective problem. The tariff problem is particularly challenging in modern power markets where transmission has been separated from generation and distribution. This paper shows how the transmission tariff problem should be formulated. The principles - and their application in reality - are illustrated by the recent development of new transmission tariffs for Peru, ...


Flexibility-friendly support policies: A Nordic and Baltic perspective

Luis Boscan; Klaus Skytte; Emilie Roselund Soysal 2017 14th International Conference on the European Energy Market (EEM), 2017

This paper introduces the concept of flexibility-friendly support policies, i.e. state-of-the-system-dependent sub-sidies given to producers of electricity who base their output on renewable energy sources (RES). Such policies increase with demand, decrease with the availability of Variable Renewable Energy (VRE) producers and, overall, follow the power system's residual load. The paper presents a microeconomic framework to analyze this and other ...


Pricing for enabling forwarding in self-configuring ad hoc networks

O. Ileri; Siun-Chuon Mau; N. B. Mandayam IEEE Journal on Selected Areas in Communications, 2005

The assumption that all nodes cooperate to relay packets for each other may not be realistic for commercial wireless ad hoc networks. An autonomous (selfish) node in a wireless network has two disincentives for forwarding for others: energy expenditure (real cost) and possible delays for its own data (opportunity cost). We introduce a mechanism that "fosters cooperation through bribery" in ...


Air Fleet and Facility Planning via Optimal Control Models

V. V. S. Sarma; K. Ramchand IEEE Transactions on Systems, Man, and Cybernetics, 1979

A study is presented which is aimed at developing techniques suitable for effective planning and efficient operation of fleets of aircraft typical of the air force of a developing country. An important aspect of fleet management, the problem of resource allocation for achieving prescribed operational effectiveness of the fleet, is considered. For analysis purposes, it is assumed that the planes ...


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Educational Resources on Microeconomics

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eLearning

Microeconomics Inspired Mechanisms to Manage Dynamic Spectrum Allocation

D. Grandblaise; C. Kloeck; T. Renk; P. Bag; P. Levine; K. Moessner; J. Yang; M. Pan; K. Zhang 2007 2nd IEEE International Symposium on New Frontiers in Dynamic Spectrum Access Networks, 2007

Trying to achieve higher usage efficiency for spectrum has been on the research agenda for some time now. More efficient transmission technologies are being developed, but they alone will not solve the problem of spatially and temporally underused spectrum and radio resources. Mechanisms to optimize spectrum access over space and time are required. This paper describes schemes, based on multiple ...


Transmission Tariffs by Use of System and Economic Benefits

D. J. Camac; R. C. Bastidas; W. Sifeuntes; R. D. Tabors; H. M. Merrill 2009 42nd Hawaii International Conference on System Sciences, 2009

Setting electric transmission tariffs is a classical multi-objective problem. The tariff problem is particularly challenging in modern power markets where transmission has been separated from generation and distribution. This paper shows how the transmission tariff problem should be formulated. The principles - and their application in reality - are illustrated by the recent development of new transmission tariffs for Peru, ...


Flexibility-friendly support policies: A Nordic and Baltic perspective

Luis Boscan; Klaus Skytte; Emilie Roselund Soysal 2017 14th International Conference on the European Energy Market (EEM), 2017

This paper introduces the concept of flexibility-friendly support policies, i.e. state-of-the-system-dependent sub-sidies given to producers of electricity who base their output on renewable energy sources (RES). Such policies increase with demand, decrease with the availability of Variable Renewable Energy (VRE) producers and, overall, follow the power system's residual load. The paper presents a microeconomic framework to analyze this and other ...


Pricing for enabling forwarding in self-configuring ad hoc networks

O. Ileri; Siun-Chuon Mau; N. B. Mandayam IEEE Journal on Selected Areas in Communications, 2005

The assumption that all nodes cooperate to relay packets for each other may not be realistic for commercial wireless ad hoc networks. An autonomous (selfish) node in a wireless network has two disincentives for forwarding for others: energy expenditure (real cost) and possible delays for its own data (opportunity cost). We introduce a mechanism that "fosters cooperation through bribery" in ...


Air Fleet and Facility Planning via Optimal Control Models

V. V. S. Sarma; K. Ramchand IEEE Transactions on Systems, Man, and Cybernetics, 1979

A study is presented which is aimed at developing techniques suitable for effective planning and efficient operation of fleets of aircraft typical of the air force of a developing country. An important aspect of fleet management, the problem of resource allocation for achieving prescribed operational effectiveness of the fleet, is considered. For analysis purposes, it is assumed that the planes ...


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IEEE.tv Videos

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IEEE-USA E-Books

  • Microeconomic Theories

    This chapter covers the fundamental theories and concepts of microeconomics to the extent necessary for the reader to understand the relationship between these concepts and their applications to electric power industry in general, and to electricity markets in particular. Theory of consumer behavior explains how a consumer with limited income decides which goods and services to buy based on his or her preference. Theory of a firm describes how a firm makes production decisions that minimize its cost so as to maximize its profit. The chapter provides more detailed analysis of different types of market structures and nature of competition among firms within these markets. Game theory is used to understand how markets evolve and operate. Oligopoly is a market in which only a few firms compete with one another, and entry by new firms is limited. Theory of auction explains the structures and the rules associated with auction markets and the possible market outcomes.



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