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In a digital age where companies face rapid changes in technology, consumer trends, and business environments, there is a critical need for continual revision of the business model in response to disruptive innovation. A pillar of…

Theoretical Economics · Economics 2022-07-20 Vahid Ashrafimoghari , Jordan W. Suchow

Peer-to-peer(P2P) energy trading may increase efficiency and reduce costs, but introduces significant challenges for network operators such as maintaining grid reliability, accounting for network losses, and redistributing costs equitably.…

Systems and Control · Electrical Eng. & Systems 2025-04-01 Varsha N. Behrunani , Philipp Heer , Roy S. Smith , John Lygeros

This paper studies social cooperation backed peer-to-peer energy trading technique by which prosumers can decide how they can use their batteries opportunistically for participating in the peer-to-peer trading. The objective is to achieve a…

Signal Processing · Electrical Eng. & Systems 2020-01-24 Wayes Tushar , Tapan K. Saha , Chau Yuen , M. Imran Azim , Thomas Morstyn , H. Vincent Poor , Dustin Niyato , Richard Bean

This paper focuses on the coordination of a large population of dynamic agents with private information over multiple periods. Each agent maximizes the individual utility, while the coordinator determines the market rule to achieve group…

Systems and Control · Computer Science 2015-10-05 Sen Li , Wei Zhang

The wide deployment of distributed renewable energy sources and electric vehicles can help mitigate climate crisis. This necessitates new business models in the power sector to hedge against uncertainties while imposing a strong coupling…

Systems and Control · Electrical Eng. & Systems 2024-02-05 Dongxiang Yan , Tongxin Li , Changhong Zhao , Han Wang , Yue Chen

A central question in multi-agent strategic games deals with learning the underlying utilities driving the agents' behaviour. Motivated by the increasing availability of large data-sets, we develop an unifying data-driven technique to…

Optimization and Control · Mathematics 2024-05-27 Anna M. Maddux , Nicolò Pagan , Giuseppe Belgioioso , Florian Dörfler

Wind power producers can benefit from forming coalitions to participate cooperatively in electricity markets. To support such collaboration, various profit allocation rules rooted in cooperative game theory have been proposed. However,…

Systems and Control · Electrical Eng. & Systems 2025-10-15 Honglin Wen , Pierre Pinson

A population of committees of agents that learn by using neural networks is implemented to simulate the stock market. Each committee of agents, which is regarded as a player in a game, is optimised by continually adapting the architecture…

Multiagent Systems · Computer Science 2007-05-23 T. Marwala , P. De Wilde , L. Correia , P. Mariano , R. Ribeiro , V. Abramov , N. Szirbik , J. Goossenaerts

Opportunistic computing is a paradigm for completely self-organised pervasive networks. Instead of relying only on fixed infrastructures as the cloud, users' devices act as service providers for each other. They use pairwise contacts to…

Networking and Internet Architecture · Computer Science 2022-05-30 Davide Mascitti , Marco Conti , Andrea Passarella , Laura Ricci , Sajal K. Das

Federated learning protects users' data privacy through sharing users' local model parameters (instead of raw data) with a server. However, when massive users train a large machine learning model through federated learning, the dynamically…

Networking and Internet Architecture · Computer Science 2023-10-02 Ningning Ding , Lin Gao , Jianwei Huang

The rapid increase of photovoltaic cells, batteries, and Electric Vehicles (EVs) in electric grids can result in congested distribution networks. An alternative to enhancing network capacity is a redispatch market, allowing Distribution…

Systems and Control · Electrical Eng. & Systems 2024-03-19 Amirreza Silani , Simon H. Tindemans

This paper introduces a demand-side distributed and secured energy commitment framework and operations for a Power Producer and Supplier (PPS) in deregulated environment. Due to the diversity of geographical location as well as customers'…

Multiagent Systems · Computer Science 2016-08-25 Shantanu Chakraborty , Toshiya Okabe

Here, a novel energy trading system is proposed for demand-side management of a neighborhood area network (NAN) consisting of a shared energy storage (SES) provider, users with non-dispatchable energy generation, and an electricity…

Systems and Control · Electrical Eng. & Systems 2020-08-25 Chathurika P. Mediwaththe , Marnie Shaw , Saman Halgamuge , David B. Smith , Paul Scott

Over the past few years, the futures market has been successfully developing in the North-West region. Futures markets are one of the most effective and liquid-visible trading mechanisms. A large number of buyers are forced to compete with…

Mathematical Finance · Quantitative Finance 2018-08-16 Oleg Malafeyev , Shulga Andrey

We study the classic divide-and-choose method for equitably allocating divisible goods between two players who are rational, self-interested Bayesian agents. The players have additive values for the goods. The prior distributions on those…

Computer Science and Game Theory · Computer Science 2024-10-22 Jamie Tucker-Foltz , Richard Zeckhauser

We consider a class of Nash games, termed as aggregative games, being played over a networked system. In an aggregative game, a player's objective is a function of the aggregate of all the players' decisions. Every player maintains an…

Optimization and Control · Mathematics 2016-06-10 Jayash Koshal , Angelia Nedić , Uday V. Shanbhag

A data marketplace is an online venue that brings data owners, data brokers, and data consumers together and facilitates commoditisation of data amongst them. Data pricing, as a key function of a data marketplace, demands quantifying the…

Computer Science and Game Theory · Computer Science 2023-03-10 Mengxiao Zhang , Fernando Beltran , Jiamou Liu

Aggregators of distributed energy resources are increasingly encouraged to participate in wholesale market bidding. However, the delivery of the power they are awarded can result in over-voltage or congestion issues within the distribution…

Systems and Control · Electrical Eng. & Systems 2024-11-19 Congcong Liu , Zhengshuo Li

Spectrum sharing is one of the promising solutions to meet the spectrum demand in 5G networks that results from the emerging services like machine to machine and vehicle to infrastructure communication. The idea is to allow a set of…

Information Theory · Computer Science 2018-07-30 M. Majid Butt , Irene Macaluso , Eduard A. Jorswieck , Julie Bradford , Nicola Marchetti , Linda Doyle

This paper explores the design of a balanced data-sharing marketplace for entities with heterogeneous datasets and machine learning models that they seek to refine using data from other agents. The goal of the marketplace is to encourage…

Computer Science and Game Theory · Computer Science 2024-01-25 Aditya Bhaskara , Sreenivas Gollapudi , Sungjin Im , Kostas Kollias , Kamesh Munagala , Govind S. Sankar
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