The Exchange Value Embedded In A Transport System

This paper shows that a well designed transport system has an embedded exchange value by serving as a market for potential exchange between consumers. Under suitable conditions, one can improve the welfare of consumers in the system simply by allowing some exchange of goods between consumers during transportation without incurring additional transportation costs. We propose an explicit valuation formula to measure this exchange value for a given compatible transport system. This value is always nonnegative and bounded from above. Criteria based on transport structures, preferences and prices are provided to determine the existence of a positive exchange value. Finally, we study a new optimal transport problem with an objective taking into account of both transportation cost and exchange value.Comment: 20 pages, 6 figure

On Max-SINR Receiver for Hexagonal Multicarrier Transmission Over Doubly Dispersive Channel

In this paper, a novel receiver for Hexagonal Multicarrier Transmission (HMT) system based on the maximizing Signal-to-Interference-plus-Noise Ratio (Max-SINR) criterion is proposed. Theoretical analysis shows that the prototype pulse of the proposed Max-SINR receiver should adapt to the root mean square (RMS) delay spread of the doubly dispersive (DD) channel with exponential power delay profile and U-shape Doppler spectrum. Simulation results show that the proposed Max-SINR receiver outperforms traditional projection scheme and obtains an approximation to the theoretical upper bound SINR performance within the full range of channel spread factor. Meanwhile, the SINR performance of the proposed prototype pulse is robust to the estimation error between the estimated value and the real value of time delay spread.Comment: 6 pages. The paper has been published in Proc. IEEE GLOBECOM 2012. Copyright transferred to IEEE. arXiv admin note: text overlap with arXiv:1212.579