A general framework to study the price‐color relationship in paintings with an application to Mark Rothko rectangular series

We propose a general framework to study the relationship between the price of a painting and its color‐related attributes. To this end we focus on four key aspects: dominant colors, features of the color palette, color harmony, and color emotions. We demonstrate the usefulness of this approach with an example based on Mark Rothko's post‐1950 paintings (the “rectangular” series), and auction data from the 1994 to 2018 period. We identify two distinct price‐color regimes in Rothko's market: (a) [1994‐2005], a period in which prices are explained mainly by the growing popularity of the artist regardless of the color attributes of the paintings sold; and (b) [2006‐2018], a period in which color‐related attributes explain most of the prices. Furthermore, we find that in this second period, the dominant colors and the diversity of the color palette, are by far the most relevant attributes that influence the price; color harmony and color emotions hold almost no explanatory power during this period. Finally, we propose a new metric based on the Herfindahl Index to describe color diversity; this metric seems to be promising at characterizing the effect of the color palette on the price of a painting.     

The status of and opportunities for utility-scale battery storage in Australia: A regulatory and market perspective

Australia's electricity market is rapidly adding renewable energy generation. Utility-scale batteries could have a major role in facilitating these transitions; however, their deployment is still largely state-subsidized. We summarize the current and future roles for batteries from a legal-economic perspective in the context of Australia's electricity market framework. We find that the future of batteries in Australia is not only a function of the large-scale deployment of renewables, their cost development and the comparative future cost of competing gas turbines but also of national electricity market and state policy reforms focusing on reliability.     

Binary whale optimization algorithm: a new metaheuristic approach for profit-based unit commitment problems in competitive electricity markets

This article presents a metaheuristic approach, the binary whale optimization algorithm (BWOA), to solve complex, constrained, non-convex, binary-nature profit-based unit commitment (PBUC) optimization problems of a price-taking generation company (GenCo) in the electricity market. To simulate the binary-nature PBUC problem, the continuous, real-value whale position/location is mapped into binary search space through various transfer functions. This article introduces three variants of BWOA using tangential hyperbolic, inverse tangent (arctan) and sigmoidal transfer functions. The effectiveness of the BWOA approaches is examined in test systems with different market mechanisms, i.e. an energy-only market, and energy and reserve market participation with different reserve payment methods. The simulation results are presented, discussed and compared with other existing approaches. The convergence characteristics, solution quality and consistency of the results across different BWOA variants are discussed. The superiority and statistical significance of the proposed approaches with respect to existing approaches is also presented.     

计及Spark和属性权重的售电套餐推荐方法

针对电力市场用户群庞大，交易过程中售电套餐选择困难的问题，在Spark环境下设计了一种售电套餐推荐方法，同时也解决了售电套餐推荐过程中在大数据环境下的可扩展性及实时性问题。首先，计算出每个套餐属性的权重值，从而计算得到售电套餐综合相似度。然后，计及用户和套餐两方面提出一种售电套餐推荐方法，实现售电套餐的精准推荐。实验表明，提出的推荐方法能够明显提高推荐的准确度，并且在分布式环境下具有良好的推荐效率和可扩展性。     

A gradient boosting decision tree approach for insider trading identification: An empirical model evaluation of China stock market

Insider trading is a kind of criminal behavior in stock market by using nonpublic information. In recent years, it has become the major illegal activity in China’s stock market. In this study, a combination approach of GBDT (Gradient Boosting Decision Tree) and DE (Differential Evolution) is proposed to identify insider trading activities by using data of relevant indicators. First, insider trading samples occurred from year 2007 to 2017 and corresponding non-insider trading samples are collected. Next, the proposed method is trained by the GBDT, and initial parameters of the GBDT are optimized by the DE. Finally, out-of-samples are classified by the trained GBDT–DE model and its performances are evaluated. The experiment results show that our proposed method performed the best for insider trading identification under time window length of ninety days, indicating the relevant indicators under 90-days time window length are relatively more useful. Additionally, under all three time window lengths, relative importance result shows that several indicators are consistently crucial for insider trading identification. Furthermore, the proposed approach significantly outperforms other benchmark methods, demonstrating that it could be applied as an intelligent system to improve identification accuracy and efficiency for insider trading regulation in China stock market.     

基于博弈分析的流域水资源配置

针对传统规划方法难以体现水资源配置过程中多种复杂因素的问题,基于博弈理论建立宏观调控和市场经济相结合的水资源配置动态博弈模型,求解其子博弈精炼纳什均衡下各博弈参与人的策略,并运用改进量子遗传算法求解该博弈模型。对A河流域水资源配置结果表明,在保证流域公共生态用水2.0×10~8 m~3的基础上,各用水子区自发约束自身的取水量,达到均衡时,社会总收益为11.27亿元,相比自由取水模型,社会总收益增加了0.95亿元,增幅为9.2%。     

不同苯乙烯工艺技术经济分析及建议

通过对国内外苯乙烯市场供需趋势的梳理,针对4种苯乙烯主要生产工艺,重点从原料可获性、产品质量、能耗物耗以及成本竞争力等方面对不同工艺主要技术经济指标进行了对比分析,并提出了行业可持续发展的有关建议。     

浅析乙二醇生产技术及其市场前景

阐述了附加价值极高的化学制品乙二醇(EG)的生产技术及其市场预测。重点分析和比较了煤经草酸酯法和乙烯法生产乙二醇工艺各自的特点及其成本。前者的综合经济效益突出,但其乙二醇产品UV质量不稳定。目前乙二醇生产企业面临更多新成员持续不断的加入,为减小国家乙二醇进口数量,也为提高企业自身竞争力考虑,部分聚酯厂采用两种生产工艺(煤制EG与乙烯法制EG)掺混模式。     

Integration of Demand Response in Electricity Market Capacity Mechanisms

Ensuring that the power system meets demand peaks is a key challenge of liberalized markets. On the supply side, capacity can be supported through a Capacity Remuneration Mechanism (CRM). On the demand side, Demand Response (DR) technologies can be deployed. We find that while all traditional generation should receive the same payment, capacity payments for DR technologies should gradually decrease based on operators’ position in the load-shedding order. We observe that all CRM schemes currently implemented provide inadequate incentives to non-price responsive DR and propose to adjust payments to DR units as a function of their expected activation periods.     

冷链仓储创新装备在河南鲁山精准扶贫中的应用分析

文章对鲁山县董周乡酥梨冷箱仓储扶贫试点应用项目的实施情况开展了专题调研,现将多功能模块化组合冷箱配套农产品市场经营策略精准促进鲁山县董周乡农村产业扶贫的实施情况做系统阐述。