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Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb-Douglas function with the production function with electricity to track and forecast economic activities. The book...

A comprehensive examination of DMPC theory and its technological applications

- A comprehensive examination of DMPC theory and its technological applications from basic through to advanced level
- A systematic introduction to DMPC technology providing classic DMPC coordination strategies, analysis of their performance, and design methods for both unconstraint and constraint systems
- Includes the system partition methods, coordination strategies, the performance analysis and how to design stabilized DMPC under different coordination strategies
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This book offers an in-depth analysis of China's drive for common prosperity from an insider's perspective. While philosophers and economists have long debated issues of inequality and growth, and societies have evolved from industrial to post-industrial information economies, challenges related to poverty and inequality persist. Major European nations have transitioned from early capitalist societies to modern welfare states, yet similar issues remain unresolved. Professor Zheng Yongnian provides a unique insight into China's approach to addressing these challenges through the lens of...

Time flies since the debut of this book. In the past ten years, localization technology has evolved from small saplings into towering trees. Robots and drones with autonomous positioning and navigation capabilities, once considered unreachable fantasies, have gradually become a reality. However, while we are being amazed at the groundbreaking changes brought about by technology, as researchers, we still need to remain acutely attentive to the current limitations of localization. Some significant challenges still impede the widespread deployment. For example, traditional Wi-Fi...