AHP in the Evaluation of Power Enterprise Assets

2012 ◽  
Vol 457-458 ◽  
pp. 1052-1055
Author(s):  
Cui Fang Yu
Keyword(s):  
Market Price ◽  
Response Relationship ◽  
Trading Behavior ◽  
Asset Valuation ◽  
Constructed Response ◽  
Ahp Model ◽  
Power Enterprise ◽  
The Individual ◽  
Timber Market ◽  
Current Market Price

The Power Enterprise asset valuation is usually the market price at market in the current market price down algorithm or method, as im of China's timber market, trading behavior is not very standardized, resulting in the use of market price of Evaluating the value out of Power Enterprise asset valuation, can not be objective and realistic response to the full value of Power Enterprise assets. This article will introduce AHP Power Enterprise asset valuation, the price of power species, Power Enterprise by constructing the AHP model, constructed response relationship between the various levels of indicators to determine the weight matrix to determine the lowest level of index membership, the calculation method to determine the individual materials species, the average price of a Power Enterprise assets, significantly improving the effectiveness and reliability of assessment.

TRADER SPECIES WITH DIFFERENT DECISION STRATEGIES AND PRICE DYNAMICS IN FINANCIAL MARKETS: AN AGENT-BASED MODELING PERSPECTIVE

2010 ◽  
Vol 09 (02) ◽  
pp. 327-344 ◽  
Author(s):  
WEI ZHANG ◽  
GEN LI ◽  
XIONG XIONG ◽  
YONG JIE ZHANG
Keyword(s):  
Financial Markets ◽  
Asset Price ◽  
Agent Based Modeling ◽  
Price Dynamics ◽  
Trading Behavior ◽  
Agent Based ◽  
Price Process ◽  
Trading Decisions ◽  
The Individual ◽  
Analytical Approaches

Investors with different trading strategies can be viewed as different "species" in financial markets. Since the asset price is ultimately determined by the individual trading decisions, the combination and evolution of different trader species in financial market ecology will have great impact to the price dynamics. Considering the limitations and shortcomings of traditional analytical approaches in financial economics in dealing with this issue, an agent-based computational model is introduced in this paper. With the co-existence of 3-type trader species that make different decisions based on their own beliefs and constrains, it is found that although rational speculation destabilizes the price process with the presence of positive feedback strategy, as suggested in the literature, introducing extra noise trading behavior to the market will make the price process back to a more stationary situation, meaning that the market will be healthier if more diversified trader species co-exist in the markets.

scholarly journals MODEL OF EVALUATION THE FEASIBILITY OF INDUSTRIAL CUSTOMERS TO HOURLY ACCOUNTING OF RETAIL ELECTRICITY MARKET

2021 ◽  
pp. 88-97
Author(s):  
I. Blinov ◽  
E. Parus ◽  
V. Miroshnyk ◽  
P. Shymaniuk ◽  
V. Sychova
Keyword(s):  
Electricity Market ◽  
Market Price ◽  
Electricity Consumption ◽  
Weighted Average ◽  
Load Schedule ◽  
Main Components ◽  
The Individual ◽  
The Cost ◽  
Daily Load ◽  
Final Consumer

The main differences in pricing and tariffing for industrial consumers of electricity with different forms of electricity metering are considered. Based on the analysis of tariff formation for the final consumer of electricity, components are identified that have a significant impact on the results of solving the problem of assessing the feasibility of the consumer's transition to hourly electricity metering. Such components include the cost of purchasing electricity in the market segment "day ahead" and the cost of accrued imbalances. The relative daily profile of electricity consumption is considered in order to study the influence of the features of the daily load schedule on the weighted average daily market price of electricity. The importance of estimating the cost of daily load profiles when comparing the cost of electricity for the consumer in the group with integrated electricity metering and in terms of individual hourly metering is substantiated. The effect of underestimation of volumes and value of imbalances in the group with integrated electricity metering in comparison with hourly accruals of volumes and value of imbalances is theoretically substantiated. The main components for comparative assessment of the expediency of the consumer's exit from the group with integrated metering of electricity and the transition to its hourly metering according to the individual daily load schedule are identified. Mathematical models for comparative calculations are developed. The use of these models allows to make an economically justified decision on the expediency of the consumer leaving the group without hourly metering of electricity to the model of purchasing electricity with hourly metering. The main approaches to such an assessment are demonstrated on the example of calculations for an industrial enterprise in some regions of Ukraine. Bibl. 15, fig. 3.

scholarly journals An economic evaluation of a forest park using the individual travel cost method (a case study of Ghaleh Rudkhan forest park in northern Iran)

2018 ◽  
Vol 6 (2) ◽  
pp. 48-55 ◽  
Author(s):  
Solmaz Zandi ◽  
Soleiman Mohammadi Limaei ◽  
Neda Amiri
Keyword(s):  
Ecosystem Services ◽  
Economic Value ◽  
Market Price ◽  
Consumer Surplus ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Northern Iran ◽  
Forest Park ◽  
Recreational Value ◽  
The Individual

AbstractThe true economic value of ecosystem services may not be reflected in market transactions, because there is no real transaction for ecosystem services in the market. Therefore, it is important to evaluate the cost of time and travel to define the value people place on something in the absence of a market price. This study estimates the recreational value of Ghaleh Rudkhan forest park in the north of Iran using the individual travel cost method. This method is considered to be a substitute approach for the market. The data required were collected using questionnaires. Therefore, 271 questionnaires were randomly distributed between the visitors of the recreational site in 2016. In this study, a linear function is used to estimate the effects of explanatory variables including economic and social variables on the number of visits to estimate the recreational value of the forest park. Results showed that a consumer surplus of each person for their visit was 21500 Rials and the annual recreational value of the park was 78390595 Rials per ha. Furthermore, the variables such as travel expenses, income, distance, family size and visitor’s age are effective factors in the recreational use of the park. The results of this study can improve the quality of environmental services of the Ghaleh Rudkhan forest park and could expand the variety of services that they could supply based on the demand of the people.

The KOSPI200 Index Option Trading Behavior and Performance of Individual Investors

2005 ◽  
Vol 13 (1) ◽  
pp. 99-127
Author(s):  
Jay M. Chung ◽  
Jae Keun Kim
Keyword(s):  
Stock Exchange ◽  
Individual Investors ◽  
Sample Period ◽  
Trading Behavior ◽  
Option Trading ◽  
Period Data ◽  
And Performance ◽  
The Individual ◽  
Short Time ◽  
Index Option

We examine the argument of the Financial Supervisory Service that the behavior of the Individual Investors to buy an out-of-the-money option is excessively speculative. The FSS reported that the individual investors incurred huge losses in the trading of KOSPI200 index options for the years 2002 and 2003. But since the sample period is relatively short, the argument does not seem fully convincing. Using a longer period data from July 1997 to December 2003, we reconfirm the huge losses of the Individual investors and also find that a tendency of individual investors losing money in association with option trading perSisted during the longer period. The individual investors chose out-of-the money options with short time to maturity, that are cheap and thus are expected to make huge profits with very low probabilities. Finally, we tind that out-ot-the money options with short time to maturity turn out to be in general priced higher than what the Korea Stock Exchange model suggests. The practice of purchasing out-of-the-money options for the reason of cheap prices and huge profit possibilities can be regarded as being excessively speculative. Due to overpricing, the individual investors persistently incurred some losses.

The Reporting of Timber Market Prices

1987 ◽  
Vol 4 (3) ◽  
pp. 160-161
Author(s):  
Bruce R. Michie ◽  
Thomas Kametz
Keyword(s):  
Market Price ◽  
Private Landowners ◽  
Market Prices ◽  
Price Data ◽  
Reliable Source ◽  
Stumpage Price ◽  
Timber Market ◽  
Timber Markets

Abstract Timber market price reports make useful information available to private landowners. Insights regarding what information to include are discussed as well as what sources should provide that information. Basic definitions, explanations of how to interpret price data, and a description of local timber markets, would be helpful to landowners. Sawmills appear to be the most reliable source of Pennsylvania stumpage price data. North. J. Appl. For. 4:160-161, Sept. 1987.

scholarly journals Engineering economic analysis of meliponiculture in Malaysia considering current market price

2017 ◽  
Vol 131 ◽  
pp. 04005 ◽  
Author(s):  
Firdaus Basrawi ◽  
Asnul Hadi Ahmad ◽  
Daing Mohamad Nafiz Daing Idris ◽  
Mohd Rashidi Maarof Maarof ◽  
MRR Chand ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Market Price ◽  
Current Market Price

scholarly journals COMPLEX MODEL OF MARKET PRICE DEVELOPMENT AND ITS SIMULATION

2015 ◽  
Vol 16 (4) ◽  
pp. 786-807 ◽  
Author(s):  
Bohumil Stádník ◽  
Algita Miečinskienė
Keyword(s):  
Resonance Effect ◽  
Market Price ◽  
Complex Model ◽  
Simulation Environment ◽  
Asset Valuation ◽  
Price Development ◽  
The Real ◽  
Real Price ◽  
Price Distribution ◽  
Fft Analysis

The purpose of this study is to suggest a complex model of market price development for liquid assets, which is able to simulate all of the main features particular to the real price development and has a realistic financial explanation. First, the paper defines assumptions for the model construction from empirically observed processes. Then, the model is implemented in the real simulation environment. Finally, the ability of the model is checked to simulate empirically observed features, e.g. leptokurtic characteristics or skewness of the price distribution. Also, this paper newly defines and implements the resonance effect. FFT analysis is used to support oscillation processes. Finally, selected markets are provided with parameter optimisation of the model based on empirical observations. It was found that the model built under the previously mentioned assumptions was able to explain empirically observed effects that reversely support the correctness of those assumptions. The practical value of the constructed model can be found in many areas, including risk management and asset valuation.

The Welfare Impacts of Bird Damage and Its Control in California Wine Grape Production

2014 ◽  
Vol 9 (2) ◽  
pp. 153-170 ◽  
Author(s):  
A. Anderson ◽  
C. A. Lindell ◽  
W. F. Siemer ◽  
S. A. Shwiff
Keyword(s):  
Market Price ◽  
Consumer Surplus ◽  
Wine Grape ◽  
Welfare Impacts ◽  
Pest Damage ◽  
Partial Equilibrium Model ◽  
Bird Damage ◽  
The Cost ◽  
Current Market Price ◽  
And Control

AbstractWe developed a partial equilibrium model to examine the welfare impacts of bird damage and its control in California wine grape production. The model incorporates the impacts of pest damage and its control and allows the impacts to vary regionally. Importantly, the model requires minimal information to apply; only elasticities, current market price and production data, and information on the cost and effectiveness of the pest control methods are needed. We rely on data from a recent survey of California growers and use the model to estimate changes in wine grape prices, production levels, and consumer and producer surplus that result from both bird damage and its control in three grape-growing regions of California. Results suggest that eliminating the threat of bird damage and control costs results in an increase in producer and consumer surplus of 1.3% and 3%, respectively. Furthermore, eliminating current bird control and allowing any resulting damage would decrease producer and consumer surplus by 6.6% and 11.5%, respectively. (JEL Classifications: Q11, Q18, Q57)

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