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This review presents the set of electricity price models proposed in the literature since the opening of power markets. We focus on price models applied to financial pricing and risk management. We classify these models according to their…
The field of portfolio selection is an active research topic, which combines elements and methodologies from various fields, such as optimization, decision analysis, risk management, data science, forecasting, etc. The modeling and…
Multi-context systems provide a powerful framework for modelling information-aggregation systems featuring heterogeneous reasoning components. Their execution can, however, incur non-negligible cost. Here, we focus on cost-complexity of…
Maneuver decision-making can be regarded as a Markov decision process and can be address by reinforcement learning. However, original reinforcement learning algorithms can hardly solve the maneuvering decision-making problem. One reason is…
Computer simulations have become an important tool across the biomedical sciences and beyond. For many important problems several different models or hypotheses exist and choosing which one best describes reality or observed data is not…
In many risk-aware and multi-objective reinforcement learning settings, the utility of the user is derived from the single execution of a policy. In these settings, making decisions based on the average future returns is not suitable. For…
The software development process is considered as one of the key guidelines in the creation of said software and this approach is necessary for providing a more efficient yet satisfactory output. Without separation of work into distinct…
Automated vehicles require the ability to cooperate with humans for smooth integration into today's traffic. While the concept of cooperation is well known, developing a robust and efficient cooperative trajectory planning method is still a…
Algorithms, policies, and methodologies are necessary to achieve high user satisfaction and practical utilization in cloud computing by ensuring the efficient and fair allocation of every computing resource. Whenever a new job arrives in…
There has been a significant amount of research into spreadsheets over the last two decades. Errors in spreadsheets are well documented. Once used mainly for simple functions such as logging, tracking and totalling information, spreadsheets…
As network traffic monitoring software for cybersecurity, malware detection, and other critical tasks becomes increasingly automated, the rate of alerts and supporting data gathered, as well as the complexity of the underlying model,…
An intelligent agent performs actions in order to achieve its goals. Such actions can either be externally directed, such as opening a door, or internally directed, such as writing data to a memory location or strengthening a synaptic…
New model of software safety is offered. Distribution of mistakes in program on stages of life cycle is researched. Study of ways of increase of reliability of software at help simulation program is leaded.
Threat modeling has been successfully applied to model technical threats within information systems. However, a lack of methods focusing on non-technical assets and their representation can be observed in theory and practice. Following the…
Seaports play a crucial role in the global economy, and researchers have sought to understand their significance through various studies. In this paper, we aim to explore the common characteristics shared by important ports by analyzing the…
Todays industrial control systems consist of tightly coupled components allowing adversaries to exploit security attack surfaces from the information technology side, and, thus, also get access to automation devices residing at the…
We offer an insight into our mathematical endeavors, which aim to advance the foundational understanding of energy systems in a broad context, encompassing facets such as charge transport, energy storage, markets, and collective behavior.…
Many real-world classification problems are cost-sensitive in nature, such that the misclassification costs vary between data instances. Cost-sensitive learning adapts classification algorithms to account for differences in…
The estimation of project completion time is to be repeated several times in the project planning phase to reach the optimal tradeoff between time, cost, and quality. Estimation procedures provide either an interval or a point estimate. The…
Safety cases become increasingly important for software certification. Models play a crucial role in building and combining information for the safety case. This position paper sketches an ideal model-based safety case with defect…