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There are clear benefits associated with a particular consumer choice for many current markets. For example, as we consider here, some products might carry environmental or `green' benefits. Some consumers might value these benefits while…

General Finance · Quantitative Finance 2008-12-02 Gérard Weisbuch , Vincent Buskens , Luat Vuong

This paper proposes a method for estimating consumer preferences among discrete choices, where the consumer chooses at most one product in a category, but selects from multiple categories in parallel. The consumer's utility is additive in…

Machine Learning · Computer Science 2023-08-08 Rob Donnelly , Francisco R. Ruiz , David Blei , Susan Athey

Promoting and increasing energy efficiency is a promising method of reducing CO2 emissions and avoiding the potentially devastating effects of climate change. The question is: How do we induce a cultural or behavioural change whereby people…

Physics and Society · Physics 2009-09-29 Federico Gallo , Pierluigi Contucci , Adam Coutts , Ignacio Gallo

Collaborative filtering is a very useful general technique for exploiting the preference patterns of a group of users to predict the utility of items to a particular user. Previous research has studied several probabilistic graphic models…

Information Retrieval · Computer Science 2012-12-12 Rong Jin , Luo Si , ChengXiang Zhai

Computer model calibration typically operates by choosing parameter values in a computer model so that the model output faithfully predicts reality. By using performance targets in place of observed data, we show that calibration techniques…

Applications · Statistics 2020-01-14 Carl Ehrett , D. Andrew Brown , Evan Chodora , Christopher Kitchens , Sez Atamturktur

An increasing share of consumers care about the carbon footprint of their electricity. This paper analyzes a method to integrate consumer carbon preferences in the electricity market-clearing by introducing consumer-based carbon costs and a…

Systems and Control · Electrical Eng. & Systems 2026-01-27 Wenqian Jiang , Aditya Rangarajan , Line Roald

Consumer choice modeling takes center stage as we delve into understanding how personal preferences of decision makers (customers) for products influence demand at the level of the individual. The contemporary choice theory is built upon…

Econometrics · Economics 2023-12-29 Marina Kholod , Nikita Mokrenko

We show that in a particular model of catalytic reaction systems, known as the binary polymer model, there is a mathematical invariance between two versions of the model: (1) random catalysis and (2) template-based catalysis. In particular,…

Populations and Evolution · Quantitative Biology 2011-10-06 Wim Hordijk , Mike Steel

Electricity markets currently fail to incorporate preferences of buyers, treating polluting and renewable energy sources as having equal social benefit under a system of uniform clearing prices. Meanwhile, renewable energy is prone to…

Systems and Control · Electrical Eng. & Systems 2024-09-30 Emilie Jong , Samuel Chevalier , Spyros Chatzivasileiadis , Shie Mannor

As distributed energy resources (DERs) proliferate, future power system will need new market platforms enabling prosumers to trade various electricity and grid-support products. However, prosumers often exhibit complex, product…

Systems and Control · Electrical Eng. & Systems 2026-03-12 Shobhit Singhal , Lesia Mitridati

In coming years residential consumers will face real-time electricity tariffs with energy prices varying day to day, and effective energy saving will require automation - a recommender system, which learns consumer's preferences from her…

Machine Learning · Computer Science 2017-02-01 Mikhail V. Goubko , Sergey O. Kuznetsov , Alexey A. Neznanov , Dmitry I. Ignatov

In consumer theory, ranking available objects by means of preference relations yields the most common description of individual choices. However, preference-based models assume that individuals: (1) give their preferences only between pairs…

Machine Learning · Computer Science 2023-02-02 Alessio Benavoli , Dario Azzimonti , Dario Piga

Energy markets with retail choice enable customers to switch energy plans among competitive retail suppliers. Despite the promising benefits of more affordable prices and better savings to customers, there appears subsided participation in…

Data Structures and Algorithms · Computer Science 2024-06-19 Jianing Zhai , Sid Chi-Kin Chau , Minghua Chen

Advanced engineering materials design involves the exploration of massive multidimensional feature spaces, the correlation of materials properties and the processing parameters derived from disparate sources. The search for alternative…

Artificial Intelligence · Computer Science 2013-01-03 Doreswamy , M. N. Vanajakshi

Improving the efficiency and accuracy of energy calculations has been of significant and continued interest in the area of materials informatics, a field that applies machine learning techniques to computational materials data. Here, we…

Quantum Physics · Physics 2021-02-03 Tanvi P. Gujarati , Tyler Takeshita , Andreas Hintennach , Eunseok Lee

Heterogeneous catalysis is an example of a complex materials function, governed by an intricate interplay of several processes, e.g., the different surface chemical reactions, and the dynamic re-structuring of the catalyst material at…

We developed a method for measuring the similarity between materials, focusing on specific physical properties. The obtained information can be utilized to understand the underlying mechanisms and to support the prediction of the physical…

This study employs the Causal Machine Learning (CausalML) statistical method to analyze the influence of electricity pricing policies on carbon dioxide (CO2) levels in the household sector. Investigating the causality between potential…

Machine Learning · Computer Science 2024-03-26 Iman Emtiazi Naeini , Zahra Saberi , Khadijeh Hassanzadeh

With increases in population, there is a noticeable change across the world in pollution levels. Recently there has been growing demand for renewable energy operated devices boomed. Numerous reasons have led to such growth including lower…

Optimization and Control · Mathematics 2023-03-31 Mahak Bhatia , Aled Williams

Collaborative filtering is the process of making recommendations regarding the potential preference of a user, for example shopping on the Internet, based on the preference ratings of the user and a number of other users for various items.…

Information Retrieval · Computer Science 2013-01-14 Rita Sharma , David L Poole
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