Oligopoly meets oligopsony: The case of permits

This paper derives market equilibria (in demand functions and in bidding strategies) between oligopolists and oligopsonists in a market with intermediates and no competition in final markets. To the best of my knowledge, this theme has not been explored, despite two observations: Firstly, the commonly applied framework of non-competitive and competitive fringe firms has implausible properties for the limit of purely strategic players. Secondly, real world cases correspond at least potentially to such strategic interactions, e.g., non-competitive players selling and buying permits (${\mathrm{CO}}_2$ and ${\mathrm{SO}}_2$). The major implications are that these non-competitive markets are characterized by a kind of double marginalization (on the demand and the supply side) resulting in too little trade and wrong price signals.     

Herding tendency as an aggregating factor in a binary mixture of social entities

The role of herding tendency in the group formation of social entities is hereby explored. The herding tendency is quantified by a parameter α∈[0,1]$\alpha \in [0\text{,}1]$. The system consists of a mixture of two types of entities: (i) those with α>0$\alpha >0$ and (ii) those with α=0$\alpha =0$. The latter consist a fraction p   of the entire population. The dynamics of agent interactions leads to the formation of clusters of different sizes. The size distribution D(s)$D(s)$ of these clusters are found to obey a power-law only in the limit that α→1$\alpha \to 1$ and p→0$p\to 0$. Group-size data of several real-world animal systems are fitted with curves generated by the model. This study contributes further to the understanding of group-forming behavior commonly cited in ecological studies.     

Source apportionment of PM<Subscript>2.5</Subscript> in Tangshan,China—Hybrid approaches for primary and secondary species apportionment

The objective of this paper is to propose a hybrid approach for the source apportionment of primary and secondary species of PM_2.5 in the city of Tangshan. The receptor-based PMF (Positive Matrix Factorization) is integrated with the emission inventory (EI) to form the first hybrid method for the source apportionment of the primary species. The hybrid CAMx-PSAT-CP (Comprehensive Air Quality Model with Extensions–Particulate Source Apportionment Technology–Chemical Profile) approach is then proposed and used for the source apportionment of the secondary species. The PM_2.5 sources identified for Tangshan included the soil dust, the metallurgical industry, power plants, coalfired boilers, vehicles, cement production, and other sources. It is indicated that the PM_2.5 pollution is a regional issue. Among all the identified sources, the metallurgy industry was the biggest contribution source to PM_2.5, followed by coal-fired boilers, vehicles and soil dust. The other-source category plays a crucial role for PM_2.5, particularly for the formation of secondary species and aerosols, and these other sources include non-specified sources such as agricultural activities, biomass combustion, residential emissions, etc. The source apportionment results could help the local authorities make sound policies and regulations to better protect the citizens from the local and regional PM_2.5 pollution. The study also highlights the strength of utilizing the proposed hybrid approaches in the identification of PM_2.5 sources. The techniques used in this study show considerable promise for further application to other regions as well as to identify other source categories of PM_2.5.

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On the basic reproduction number and the topological properties of the contact network: An epidemiological study in mainly locally connected cellular automata

We study the spreading of contagious diseases in a population of constant size using susceptible-infective-recovered (SIR) models described in terms of ordinary differential equations (ODEs) and probabilistic cellular automata (PCA). In the PCA model, each individual (represented by a cell in the lattice) is mainly locally connected to others. We investigate how the topological properties of the random network representing contacts among individuals influence the transient behavior and the permanent regime of the epidemiological system described by ODE and PCA. Our main conclusions are: (1) the basic reproduction number (commonly called _R0$R_0$) related to a disease propagation in a population cannot be uniquely determined from some features of transient behavior of the infective group; (2) _R0$R_0$ cannot be associated to a unique combination of clustering coefficient and average shortest path length characterizing the contact network. We discuss how these results can embarrass the specification of control strategies for combating disease propagations.