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28 pages, 3648 KiB  
Review
Fair Energy Trading in Blockchain-Inspired Smart Grid: Technological Barriers and Future Trends in the Age of Electric Vehicles
by Sameer Qazi, Bilal A. Khawaja, Abdullah Alamri and Abdulrahman AlKassem
World Electr. Veh. J. 2024, 15(11), 487; https://doi.org/10.3390/wevj15110487 - 27 Oct 2024
Cited by 2 | Viewed by 4164
Abstract
The global electricity demand from electric vehicles (EVs) increased by 3631% over the last decade, from 2600 gigawatt hours (GWh) in 2013 to 97,000 GWh in 2023. The global electricity demand from EVs will rise to 710,000 GWh by 2030. These EVs will [...] Read more.
The global electricity demand from electric vehicles (EVs) increased by 3631% over the last decade, from 2600 gigawatt hours (GWh) in 2013 to 97,000 GWh in 2023. The global electricity demand from EVs will rise to 710,000 GWh by 2030. These EVs will depend on smart grids (SGs) for their charging requirements. Like EVs, SGs are a booming market. In 2021, SG technologies were valued at USD 43.1 billion and are projected to reach USD 103.4 billion by 2026. As EVs become more prevalent, they introduce additional complexity to the SG landscape, with EVs not only consuming energy, but also potentially supplying it back to the grid through vehicle-to-grid (V2G) technologies. The entry of numerous independent sellers and buyers, including EV owners, into the market will lead to intense competition, resulting in rapid fluctuations in electricity prices and constant energy transactions to maximize profit for both buyers and sellers. Blockchain technology will play a crucial role in securing data publishing and transactions in this evolving scenario, ensuring transparent and efficient interactions between EVs and the grid. This survey paper explores key research challenges from an engineering design perspective of SG operation, such as the potential for voltage instability due to the integration of numerous EVs and distributed microgrids with fluctuating generation capacities and load demands. This paper also delves into the need for a synergistic balance to optimize the energy supply and demand equation. Additionally, it discusses policies and incentives that may be enforced by national electricity carriers to maintain grid reliability and manage the influx of EVs. Furthermore, this paper addresses emerging issues of SG technology providing primary charging infrastructure for EVs, such as incentivizing green energy, the technical difficulties in integrating diverse hetero-microgrids based on HVAC and HVDC technologies, challenges related to the speed of energy transaction processing during fluctuating prices, and vulnerabilities concerning cyber-attacks on blockchain-based SG architectures. Finally, future trends are discussed, including the impact of increased EV penetration on SGs, advancements in V2G technologies, load-shaping techniques, dynamic pricing mechanisms, and AI-based stability enhancement measures in the context of widespread SG adoption. Full article
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19 pages, 323 KiB  
Article
“Will They Always Have Paris?”: Observing, Understanding, and Informally Engaging with Undocumented African Souvenir Sellers at the Eiffel Tower
by Scooter Pégram
World 2024, 5(2), 394-412; https://doi.org/10.3390/world5020021 - 7 Jun 2024
Viewed by 2883
Abstract
The Eiffel Tower is an enduring symbol, and people from around the world dream of travelling to Paris to gaze at it. Walking amongst the millions of tourists who visit the famous site each year are an enterprising group of African souvenir vendors [...] Read more.
The Eiffel Tower is an enduring symbol, and people from around the world dream of travelling to Paris to gaze at it. Walking amongst the millions of tourists who visit the famous site each year are an enterprising group of African souvenir vendors whose livelihoods rely on the sales of miniature versions of the structure. As visibly omnipresent as these sellers are at the tower, their experience as undocumented migrants working unofficially makes them invisible. For the Paris authorities, the mere presence of Africans offering cheap keepsakes at the Eiffel Tower is considered an illegal nuisance that must be eradicated. No matter, recurrent police interventions have failed to cease the unauthorised souvenir market. Because these independent entrepreneurs are neither wanted nor welcomed, Africans selling trinkets at the iconic Parisian site face daily challenges. Until now, no one has ever investigated or profoundly surveyed their experience working at one of the most-visited places in the world. This study aims to demystify this unique group of Africans in Paris after observing and informally engaging with them directly concerning various topics. Despite the demur realities confronting them as undocumented migrants living clandestinely in a country that does not want them, these migrants remain hopeful for the future. Full article
13 pages, 1309 KiB  
Article
The Impact of Seller Trust in a C2C Platform on Golf Club Purchase Intention and the Interaction Effect of Regulatory Focus
by Chulhwan Choi, Inyup Lee and Hosuk Yoo
Behav. Sci. 2024, 14(6), 479; https://doi.org/10.3390/bs14060479 - 6 Jun 2024
Viewed by 1412
Abstract
(1) Background: This study aimed to investigate the influence of seller trust on the purchase intention of consumers of used golf clubs in the context of increasing C2C transactions and further explore the interaction effect of regulatory focus. (2) Methods: Data were collected [...] Read more.
(1) Background: This study aimed to investigate the influence of seller trust on the purchase intention of consumers of used golf clubs in the context of increasing C2C transactions and further explore the interaction effect of regulatory focus. (2) Methods: Data were collected from 200 participants who had experience purchasing golf clubs through the Carrot Market platform, employing a 2 × 2 experimental design. An independent samples t-test was utilized to examine the effect of seller trust on purchase intention, followed by a two-way analysis of variance to assess the interaction effect of regulatory focus. (3) Results: The results revealed a significant difference in purchase intention based on seller trust, with higher purchase intentions observed when seller trust was high compared to when it was low. Additionally, the interaction effect of regulatory focus was found to be significant in the impact of seller trust on golf club purchase intention. Specifically, when seller trust was high, no significant differences were observed among control focus groups. However, when seller trust was low, promotion-focused consumers exhibited higher purchase intentions than prevention-focused consumers. (4) Conclusions: These findings underscore the importance of seller trust in the context of an expanding market for online second-hand trading platforms. Full article
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14 pages, 3089 KiB  
Article
Analysis of the Economic Soundness and Viability of Migrating from Net Billing to Net Metering Using Energy Cooperatives
by Jakub Jasiński, Mariusz Kozakiewicz and Maciej Sołtysik
Energies 2024, 17(6), 1330; https://doi.org/10.3390/en17061330 - 10 Mar 2024
Cited by 7 | Viewed by 2388
Abstract
In the European Union, increasing attention is already being paid not only to the development of renewable energy sources, but also to the establishment of solutions to achieve local energy self-sufficiency while increasing the role of citizens in managing the energy they generate. [...] Read more.
In the European Union, increasing attention is already being paid not only to the development of renewable energy sources, but also to the establishment of solutions to achieve local energy self-sufficiency while increasing the role of citizens in managing the energy they generate. This approach is expected both to have a positive impact on the environment and the reduction of greenhouse gas emissions, and to enhance energy security—both in economic and civic terms by, i.a., combating energy poverty. The development of local energy communities promoted in the EU is supported i.a. by energy cooperatives. These contribute to the efficient harnessing of renewable energy potential in rural and urban-rural areas, and have been developing in Poland for several years now. In their previous studies, the authors of this research paper attempted to verify the generation (number, type and capacity of installed sources) and consumption (energy demand) configurations in which an energy cooperative would be a viable solution for prosumers who might establish it. However, over the past few years, the conditions for prosumers and the method of their accounting with the electricity seller have changed radically in Poland (shift from net metering to net billing). This situation has opened up space for further research and encouraged the authors to revisit the problem of analyzing the viability of establishing energy cooperatives in relation to the rules of operation of individual prosumers. This research was carried out for three scenarios, and the horizon of the analyses conducted and described extends to 2045. The comparative analysis included energy consumers without their own generation sources, prosumers with a photovoltaic generation installation covered by the net billing model, as well as a scenario involving prosumers’ cooperation within an energy cooperative, which by law is settled in the net metering model. Conclusions from the research and simulations made it possible to confirm the claim that, despite changes in the rules of prosumer billing, developing energy independence in the energy community formula results in a significant reduction in the cost of purchasing electricity (even several times lower purchase costs in the timeframe analyzed) and can lead to a reduction in the payback time of investments in generation sources even by a factor of two. The results presented in this research paper open up space for further research. The outcomes allow us to assume that energy cooperatives—in the organizational and institutional model in Poland—are a good tool for reducing the phenomenon of energy poverty on a local scale. Full article
(This article belongs to the Special Issue Energy Sources from Agriculture and Rural Areas II)
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22 pages, 4003 KiB  
Article
Research on the Product Positioning Strategy of the Independent Seller under Platform Encroachment
by Ziyan Wang and Tianjian Yang
Systems 2024, 12(1), 36; https://doi.org/10.3390/systems12010036 - 22 Jan 2024
Cited by 3 | Viewed by 4230
Abstract
The platform owner promotes the transaction between independent sellers and consumers, while entering the marketplace of independent sellers to compete with them for consumers. Faced with the threat of platform encroachment, independent sellers establish their own competitive advantages through ex ante category quality [...] Read more.
The platform owner promotes the transaction between independent sellers and consumers, while entering the marketplace of independent sellers to compete with them for consumers. Faced with the threat of platform encroachment, independent sellers establish their own competitive advantages through ex ante category quality selection and ex post product differentiation. This study discusses how independent sellers should determine product positioning (including vertical and horizontal dimensions) in the face of platform category encroachment. We establish a game model and determine the best strategy. In addition, we develop a multi-agent model to reach conclusions for more complex market situations. We show that when the consumer’s platform preference is low, the independent seller is willing to locate in the high-end product market; otherwise, the independent seller is willing to locate in the low-end product market. In a competitive environment, when consumers’ ideal preferences are concentrated, the independent seller vertically positions in the low-end product market and horizontally positions close to the concentrated area of consumers’ ideal preferences. Similarly, the platform owner is more likely to encroach on the low-end product market. However, the independent seller positions in the high-end product market with greater horizontal differentiation, and the platform owner’s motivation to encroach is weakened. Full article
(This article belongs to the Special Issue Enablers and Capabilities for the Digital Supply Chain)
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12 pages, 2943 KiB  
Article
Outbreak Investigation of Typhoid Fever in the District of Gabes, South of Tunisia
by Aicha Hechaichi, Hind Bouguerra, Hajer Letaief, Mouna Safer, Lamia Missaoui, Amal Cherif, Saffar Farah, Houcine Jabrane, Taoufik Atawa, Hamdi Yahia, Hayet Hamdouni, Khadija Zitoun, Karim Chahed, Ramzi Laamouri, Jaber Daaboub, Mohamed Rabhi, Afif Ben Salah, Mohamed Kouni Chahed and Nissaf Bouafif Ben Alaya
Epidemiologia 2023, 4(3), 223-234; https://doi.org/10.3390/epidemiologia4030023 - 23 Jun 2023
Cited by 4 | Viewed by 4841
Abstract
Typhoid fever is a significant public health concern in many parts of the world, particularly in developing countries with poor sanitation and hygiene conditions. In July 2016, an outbreak of typhoid fever occurred in Ghannouche, located in the south of Tunisia. This paper [...] Read more.
Typhoid fever is a significant public health concern in many parts of the world, particularly in developing countries with poor sanitation and hygiene conditions. In July 2016, an outbreak of typhoid fever occurred in Ghannouche, located in the south of Tunisia. This paper reports the results of a field investigation undertaken to identify possible transmission pathways and risk factors in order to propose control and preventive measures. A retrospective cohort study including a passive and active case finding, as well as an environmental and bacteriological investigation was conducted from July to September 2016. A case was defined as a person residing or having stayed in Ghannouche and having presented from the beginning of June clinical signs suggestive of typhoid fever, with, for a confirmed case, laboratory isolation of S.Tyhi, and for a probable case, an epidemiological link with a confirmed case. Attack rates were determined, and risk ratios were estimated with respect to exposures. Unadjusted and adjusted odds ratios were estimated using binary logistic regression. Among the 628 subjects investigated, 102 cases of typhoid fever were identified (74 confirmed and 28 probable) with an overall attack rate of 16.24%. Over 56% of cases were male and those under 10 years old were most affected (38.2%% of cases) with a median age of 12 years (interquartile range 5 to 25 years). The main clinical signs were fever (95%) and diarrhea (57%). Young age (adjusted OR = 0.95 and 95% CI = 0.93–0.97), low level of education (adjusted OR = 4.76 and 95% CI = 1.34–16.81), and the habitat type Arab or rudimentary house (adjusted OR = 4.93 and 95% CI = 2.61–8.27) were the socio-demographic factors independently associated with typhoid fever. Typhoid fever was found to be associated with drinking softened water (adjusted OR = 2.64 and 95% CI = 1.16–4.82), eating raw fruit and vegetables from family gardens (adjusted OR = 6.13 and 95% CI = 3.66–11.06), and using uncontrolled waste disposal (adjusted OR = 3.52 and 95% CI = 2.03–6.94). A total of 110 drinking water samples were analyzed; out of the 38 samples of softened water, 12 were non-compliant and 5 were positive for Salmonella. The screening activity identified two asymptomatic carriers, one of whom was a softened water seller. We concluded that drinking softened water from informal or unauthorized sale units, consuming fruit and vegetables from family gardens, uncontrolled dumping of household waste, and poor socio-economic conditions increase the risk of typhoid fever in this region. Many recommendations were implemented to stop this outbreak and to prevent further episodes. Full article
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20 pages, 1188 KiB  
Article
A Novel Price Prediction Service for E-Commerce Categorical Data
by Ahmed Fathalla, Ahmad Salah and Ahmed Ali
Mathematics 2023, 11(8), 1938; https://doi.org/10.3390/math11081938 - 20 Apr 2023
Cited by 3 | Viewed by 2462
Abstract
Most e-commerce data include items that belong to different categories, e.g., product types on Amazon and eBay. The accurate prediction of an item’s price on an e-commerce platform will facilitate the maximization of economic benefits for the seller and buyer. Consequently, the task [...] Read more.
Most e-commerce data include items that belong to different categories, e.g., product types on Amazon and eBay. The accurate prediction of an item’s price on an e-commerce platform will facilitate the maximization of economic benefits for the seller and buyer. Consequently, the task of price prediction of e-commerce items can be seen as a multiple regression on categorical data. Performing multiple regression tasks with categorical independent variables is tricky since the observations of each product type might have different distribution shapes, whereas the distribution shape of all the data might not be representative of each group. In this vein, we propose a service for facilitating the price prediction task of e-commerce categorical products. The main novelty of the proposed service relies on two unique data transformations aiming at increasing the between-group variance and decreasing the within-group variance to improve the task of regression analysis on categorical data. The proposed data transformations are tested on four different e-commerce datasets over a set of linear, non-linear, and neural network-based regression models. Comparing the best existing regression models without applying the proposed transformation, the proposed transformation results show improvements in the range of 1.98% to 8.91% for the four evaluation metrics scores, namely, R2, MAE, RMSE, and MAPE. However, the best metrics improvement on each dataset has average values of 16.8%, 8.0%, 6.0%, and 25.0% for R2, MAE, RMSE, and MAPE, respectively. Full article
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13 pages, 1889 KiB  
Article
Complexity and Monitoring of Economic Operations Using a Game-Theoretic Model for Cloud Computing
by P Hema, N R Rejin Paul, Lenka Čepová, Bhola Khan, Kailash Kumar and Vladimira Schindlerova
Systems 2023, 11(2), 50; https://doi.org/10.3390/systems11020050 - 17 Jan 2023
Cited by 3 | Viewed by 2242
Abstract
In this study, a model is presented for allocating cloud computing resources based on economic considerations using tools from game theory. The model, called the Non-Cooperative Game Resource Allocation Algorithm (NCGRAA), is designed to achieve the optimum stage in cloud computing. In addition, [...] Read more.
In this study, a model is presented for allocating cloud computing resources based on economic considerations using tools from game theory. The model, called the Non-Cooperative Game Resource Allocation Algorithm (NCGRAA), is designed to achieve the optimum stage in cloud computing. In addition, the Bargaining Game Resource Allocation Algorithm (BGRAA) is introduced to the existing system to develop the billing process within the constraints of availability and fairness. This system-based algorithm implements methods for converging on and improving the Nash Equilibrium and Nash Bargaining solutions. While the Nash equilibrium helps to develop decision-making concepts with game theory, one of its main goals is to achieve the desired outcome and avoid deviation from the working stage. Nash Bargaining is a unique solution that occurs between two parties and takes into account the process of bargaining to provide a fair solution that is scale invariant and independent. In recent years, cloud computing has become a popular way to manage computing services and enable producers and consumers to interact. This process allows users to obtain goods at an affordable cost from sellers according to their expectations. This research investigates the economic operation monitoring of cloud computing using the gaming theory model. A Static Negotiation Analysis Method with a Bargaining Process (SNAM-BP) for a dynamic conceptual framework is presented to display the weighted relationship between primary issues and keywords used to evaluate the potential partnership of each country. Full article
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21 pages, 3621 KiB  
Article
Demystifying the Sustainable Competitive Advantage of Sualkuchi Silk Products: Perspectives of Buyers and Sellers
by Sunil Tiwari, Joanna Rosak-Szyrocka, Dimpal Bharali, Sunildro L. S. Akoijam and Binoy T.A.
Sustainability 2023, 15(2), 1110; https://doi.org/10.3390/su15021110 - 6 Jan 2023
Cited by 1 | Viewed by 3815
Abstract
India’s Assam silk products are well known and popular across the globe but have been facing stiff competition from numerous competitors. In this regard, there is a need to analyse the sustainable competitive advantages of Assam silk products to devise defensive strategies to [...] Read more.
India’s Assam silk products are well known and popular across the globe but have been facing stiff competition from numerous competitors. In this regard, there is a need to analyse the sustainable competitive advantages of Assam silk products to devise defensive strategies to sustain the age-old industry. Therefore, the purpose of this study was to identify the sustainable competitive advantages of the Assam silk products from buyers’ and sellers’ perspectives. Data were collected from 200 sellers and buyers through a standardised structured questionnaire; namely, the Buyers’ and Sellers’ Agreement Scale (BSAS). We employed the one-sample and independent-sample t-tests for the data estimation. The findings indicated that the Assam silk products had different levels of sustainable competitive advantages that mainly included quality, geographical indications, designs, durability, customer loyalty, customer base, timely delivery, product differentiation, product uniqueness, and innovation. The findings were new because this was the first study that identified the sustainable competitive advantages of India’s Assam silk industry, which occupies a significant position in the world. The study will benefit India’s Assam silk industry in devising strategies to face the challenges in sustaining and growing its business for a long time. Full article
(This article belongs to the Special Issue Sustainable Business Competitive Advantage and Business Performance)
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24 pages, 7670 KiB  
Article
Multi-Category Innovation and Encroachment Strategy Evolution of Composite E-Commerce Platform Based on Multi-Agent Simulation
by Ziyan Wang and Tianjian Yang
Systems 2022, 10(6), 215; https://doi.org/10.3390/systems10060215 - 11 Nov 2022
Cited by 3 | Viewed by 2404
Abstract
An in-depth study of the product encroachment behavior on the composite e-commerce platform is of great significance to standardize the platform economy. This paper studies product encroachment behavior of composite e-commerce platforms with double-differentiated multi-product competition and constructs a game model of product [...] Read more.
An in-depth study of the product encroachment behavior on the composite e-commerce platform is of great significance to standardize the platform economy. This paper studies product encroachment behavior of composite e-commerce platforms with double-differentiated multi-product competition and constructs a game model of product innovation by an independent seller and product encroachment by the platform owner. Using multi-agent simulation, we simulate the bounded rational decision-making and interaction process of multiple agents in multiple periods and analyze the main parameters’ influence. Results indicate the following: (1) In dual-differentiated multi-product competition, the third-party seller is more willing to invest in innovating high-quality category P, and the profit-driven platform owner only encroaches on the new variants of category P. (2) The larger consumers’ platform owner preference can encourage the third-party seller to innovate high-quality new products. The increase in vertical differentiation of categories can enhance the third-party seller’s innovation motivation for the traffic-attracting category. (3) A reasonable commission rate set by the platform owner can ensure the variety of variants of various categories, thereby expanding the sales scope of the composite e-commerce platform. Diseconomies of scale of category diversity management costs hinder the growth of product variety in the online marketplace. Full article
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13 pages, 994 KiB  
Article
The Mediator Role of Attitudes in Fish Choice Behavior: A Turkish Market Survey
by Osman Inanç Güney, Ilgın Özşahinoğlu, Zeynep Erçen, Hacer Yeldan, Çiğdem Dikel and Levent Sangün
Foods 2022, 11(20), 3180; https://doi.org/10.3390/foods11203180 - 12 Oct 2022
Cited by 6 | Viewed by 2893
Abstract
Due to the dynamic nature of demand, it is becoming increasingly important for the fish industry to investigate the changing choice behaviors of consumers in the face of increasing demand. This research investigated the role of attitudes and socio-demographic characteristics, which are the [...] Read more.
Due to the dynamic nature of demand, it is becoming increasingly important for the fish industry to investigate the changing choice behaviors of consumers in the face of increasing demand. This research investigated the role of attitudes and socio-demographic characteristics, which are the main factors in the fish choice behavior of consumers and in fish consumption behavior. In this context, an ordered probit model was constructed to analyze the effect of attitudes and socio-demographic characteristics as independent variables on fish consumption and purchase intention as the dependent variables. In addition, descriptive statistics were also used to reveal the current preferences related to fish. The data required for the model and descriptive statistics were obtained from 421 participants using a cross-sectional consumer survey covering the main cities of the seven regions of Turkey. The results show that while consumers prefer fish more than red meat and less than poultry, they mostly buy fresh fish from fish markets. Moreover, taste, physical appearance, convenience, wild fish, and seller trust attitudes have a significant and positive relationship with the dependent variable (the frequency of fish purchase and consumption) and price has a negative and significant relationship. Moreover, an increase in education level has a positive and significant relationship with the frequency of fish consumption. The research results provide important suggestions and information for decision-makers in the fish industry to implement effective policies and meet the consumer expectations of producers and distributors in the fish industry. In addition, the current study provides guidance for future research. Full article
(This article belongs to the Special Issue Processing and Preservation of Aquatic Products)
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29 pages, 1935 KiB  
Article
Competition or Authorization—Manufacturers’ Choice of Remanufacturing Strategies
by Ying Wu and Youwei Li
Sustainability 2022, 14(19), 12632; https://doi.org/10.3390/su141912632 - 4 Oct 2022
Cited by 1 | Viewed by 2059
Abstract
In the face of the cannibalization of remanufactured products produced by independent remanufacturers (IRs), original equipment manufacturers (OEMs) can produce remanufactured products themselves to compete with independent remanufacturers (IRs), or they can authorize the IRs to cooperate because of their seller reputation. This [...] Read more.
In the face of the cannibalization of remanufactured products produced by independent remanufacturers (IRs), original equipment manufacturers (OEMs) can produce remanufactured products themselves to compete with independent remanufacturers (IRs), or they can authorize the IRs to cooperate because of their seller reputation. This paper studies the key factors that influence OEMs’ choice of remanufacturing strategies. By establishing three two-stage models and comparing them, the thresholds for OEMs to choose different remanufacturing strategies were obtained. There is also an interesting finding that when the authorization fee is higher than a certain value, even if the remanufactured product poses a competitive threat to the new product, the OEM will help the IR improve their remanufacturing technology to save costs and achieve a win–win situation. With the increase in authorization fees, OEMs’ profits will increase first and then decrease, so it is not always better for OEMs to charge higher authorization fees. Whether it is an authorization or a competitive scenario, the improvement in remanufacturing technology by OEMs can increase the output of remanufactured products, which is conducive to environmental protection. Full article
(This article belongs to the Special Issue The Path to Sustainable Technological Entrepreneurship)
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16 pages, 907 KiB  
Article
The M-Commerce of Solar Energy Applications: An Analysis of Solar Energy Consumers’ Effort Paradox
by Cristina Nicolau, Ramona Henter, Mihai Comșiț and Nadinne Roman
Electronics 2022, 11(15), 2357; https://doi.org/10.3390/electronics11152357 - 28 Jul 2022
Cited by 1 | Viewed by 2779
Abstract
The mobile commerce of applications integrating solar thermal collectors, together with their configuring applications, has started to develop. Such applications are not only a business opportunity but also a sustainable and feasible solution for energy consumers who are more and more digitalised. This [...] Read more.
The mobile commerce of applications integrating solar thermal collectors, together with their configuring applications, has started to develop. Such applications are not only a business opportunity but also a sustainable and feasible solution for energy consumers who are more and more digitalised. This paper focuses on understanding behaviours in niche markets formed by small-sized and/or isolated consumers who need customized, sustainable and economically efficient applications for heating water for domestic and business use. We chose the focus group interview as the method of research. Primary data were collected in Romania and analysed with Atlas.ti 8. Firstly, the results revealed that consumers’ behavioural changes needed for switching to solar energy are influenced by their attitude regarding investment in this market as well as by the perceived social influences and control. Secondly, the results showed the effort paradox of small-sized and/or isolated users of applications integrating solar thermal collectors who shall be considered by developers and sellers alike in providing them with water heating solutions. In terms of business implications, we highlight that the cost-reduction strategy within enterprises is to go green, so major investments in solar technology in order to become energy independent and self-sufficient are envisaged on the long term, whereas the use of digital applications integrating it requires a high level of staff’s digital skills and the use of smart devices. Full article
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14 pages, 1220 KiB  
Article
Analysis of Vehicle Breakdown Frequency: A Case Study of New South Wales, Australia
by Sai Chand, Emily Moylan, S. Travis Waller and Vinayak Dixit
Sustainability 2020, 12(19), 8244; https://doi.org/10.3390/su12198244 - 7 Oct 2020
Cited by 9 | Viewed by 9148
Abstract
Traffic incidents such as crashes, vehicle breakdowns, and hazards impact traffic speeds and induce congestion. Recognizing the factors that influence the frequency of these traffic incidents is helpful in proposing countermeasures. There have been several studies on evaluating crash frequencies. However, research on [...] Read more.
Traffic incidents such as crashes, vehicle breakdowns, and hazards impact traffic speeds and induce congestion. Recognizing the factors that influence the frequency of these traffic incidents is helpful in proposing countermeasures. There have been several studies on evaluating crash frequencies. However, research on other incident types is sparse. The main objective of this research is to identify critical variables that affect the number of reported vehicle breakdowns. A traffic incident dataset covering 4.5 years (January 2012 to June 2016) in the Australian state of New South Wales (NSW) was arranged in a panel data format, consisting of monthly reported vehicle breakdowns in 28 SA4s (Statistical Area Level 4) in NSW. The impact of different independent variables on the number of breakdowns reported in each month–SA4 observation is captured using a random-effect negative binomial regression model. The results indicate that increases in population density, the number of registered vehicles, the number of public holidays, average temperature, the percentage of heavy vehicles, and percentage of white-collared jobs in an area increase the number of breakdowns. On the other hand, an increase in the percentage of unrestricted driving licenses and families with children, number of school holidays, and average rainfall decrease the breakdown frequency. The insights offered in this study contribute to a complete picture of the relevant factors that can be used by transport authorities, vehicle manufacturers, sellers, roadside assistance companies, and mechanics to better manage the impact of vehicle breakdowns. Full article
(This article belongs to the Section Sustainable Transportation)
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11 pages, 299 KiB  
Article
An Optimal Decision Rule for a Multiple Selling Problem with a Variable Rate of Offers
by Georgy Sofronov
Mathematics 2020, 8(5), 690; https://doi.org/10.3390/math8050690 - 2 May 2020
Cited by 3 | Viewed by 2643
Abstract
An asset selling problem is one of well-known problems in the decision making literature. The problem assumes a stream of bidders who would like to buy one or several identical objects (assets). Offers placed by the bidders once rejected cannot be recalled. The [...] Read more.
An asset selling problem is one of well-known problems in the decision making literature. The problem assumes a stream of bidders who would like to buy one or several identical objects (assets). Offers placed by the bidders once rejected cannot be recalled. The seller is interested in an optimal selling strategy that maximizes the total expected revenue. In this paper, we consider a multi-asset selling problem when the seller wants to sell several identical assets over a finite time horizon with a variable number of offers per time period and no recall of past offers. We consider the problem within the framework of the optimal stopping theory. Using the method of backward induction, we find an optimal sequential procedure which maximizes the total expected revenue in the selling problem with independent observations. Full article
(This article belongs to the Section D1: Probability and Statistics)
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