Mechanism Design for Demand Response Programs with financial and non-monetary (social) Incentives
Computer Science and Game Theory
2017-10-30 v2 Physics and Society
Abstract
Most demand management approaches with non-mandatory policies assume full users' cooperation, which may not be the case given users' beliefs, needs and preferences. In this paper we propose a mechanism for demand management including incentives both with and without money. The mechanism is validated by means of simulation, modeling the consumers as a finite multiagent system which evolves until a stable state, and social incentives diffusion using opinion dynamics.
Cite
@article{arxiv.1709.10122,
title = {Mechanism Design for Demand Response Programs with financial and non-monetary (social) Incentives},
author = {Mateo Alejandro Cortés Guzmán and Eduardo Mojica-Nava},
journal= {arXiv preprint arXiv:1709.10122},
year = {2017}
}
Comments
draft