Engineering Economic Systems Analysis Lab

” We develop methodologies to measure and evaluate the economic feasibility and efficiency of all systems centered on technology and engineering. Furthermore, we design mechanisms to improve economic feasibility and efficiency and apply them to real-world problems. “

Lab Name
경제성분석 연구실 Lab of Engineering Economic Systems Analysis; LEESA
Advisor
Prof. 이덕주 (Deok-Joo Lee)
Lab Members
Current Members (1 Postdoc / 7 Ph.D. Students / 5 M.S. Students)
Main Research Areas
▪ Economic feasibility analysis of energy systems and technological systems.
▪ Game theory applications and market design based on mechanism design theory.
▪ Investment decision analysis under uncertainties.
Representative Research
or Projects
▪ Research: Optimal energy procurement with long-term photovoltaic energy contracts considering generation uncertainty: A two-dimensional auction approach (Jung, J. et al., 2024, Applied Energy).
▪ Project: Market design of low-carbon energy industry and its optimal algorithm development using mechanism design theory, funded by National Research Foundation (NRF) of Korea.
▪ Project: Development of EQP optimal performance cycle management model through economic analysis of process equipment output, funded by Samsung Electronics.
▪ Project: Development of an economic evaluation model for the by-product gas power generation system, funded by Hyundai Electric.
Relevant Courses
Undergraduate: Engineering Economics
Graduate: Industrial Economic Analysis, Competitive Systems Analysis
Contact Information
02-880-7223
Location
Building 39, Room 315
Main Career Paths After Graduation
Academia
Major corporations and industries
Application Inquiries
Send an email to the professor