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In recent years, it has become apparent that an isolated microprudential approach to capital adequacy requirements of individual institutions is insufficient. It can increase the homogeneity of the financial system and ultimately the cost…

Risk Management · Quantitative Finance 2023-11-27 Jana Hlavinova , Birgit Rudloff , Alexander Smirnow

Risk assessment plays a crucial role in ensuring the security and resilience of modern computer systems. Existing methods for conducting risk assessments often suffer from tedious and time-consuming processes, making it challenging to…

Cryptography and Security · Computer Science 2023-07-27 Simon Unger , Ektor Arzoglou , Markus Heinrich , Dirk Scheuermann , Stefan Katzenbeisser

This work presents a novel general regularized distributed solution for the state estimation problem in networked systems. Resting on the graph-based representation of sensor networks and adopting a multivariate least-squares approach, the…

Systems and Control · Electrical Eng. & Systems 2021-11-17 Marco Fabris , Giulia Michieletto , Angelo Cenedese

This paper deals with distributed control of microgrids composed of storages, generators, renewable energy sources, critical and controllable loads. We consider a stochastic formulation of the optimal control problem associated to the…

Optimization and Control · Mathematics 2021-06-16 Andrea Camisa , Giuseppe Notarstefano

This work investigates a reduced-complexity adaptive methodology to consensus tracking for a team of uncertain high-order nonlinear systems with switched (possibly asynchronous) dynamics. It is well known that high-order nonlinear systems…

Multiagent Systems · Computer Science 2020-06-11 Maolong Lv , Wenwu Yu , Jinde Cao , Simone Baldi

We propose a method for analyzing the distributed random coordinate descent algorithm for solving separable resource allocation problems in the context of an open multiagent system, where agents can be replaced during the process. In…

Multiagent Systems · Computer Science 2023-09-21 Charles Monnoyer de Galland , Renato Vizuete , Julien M. Hendrickx , Elena Panteley , Paolo Frasca

In this paper we present a new simulation model designed to evaluate the dependability in distributed systems. This model extends the MONARC simulation model with new capabilities for capturing reliability, safety, availability, security,…

Distributed, Parallel, and Cluster Computing · Computer Science 2012-02-14 Ciprian Dobre , Florin Pop , Valentin Cristea

An event-based state estimation approach for reducing communication in a networked control system is proposed. Multiple distributed sensor-actuator-agents observe a dynamic process and sporadically exchange their measurements and inputs…

Systems and Control · Computer Science 2017-01-30 Sebastian Trimpe

We use Markov risk measures to formulate a risk-averse version of the undiscounted total cost problem for a transient controlled Markov process. We derive risk-averse dynamic programming equations and we show that a randomized policy may be…

Optimization and Control · Mathematics 2014-03-25 Ozlem Cavus , Andrzej Ruszczynski

This paper studies the optimal resource allocation problem within a multi-agent network composed of both autonomous agents and humans. The main challenge lies in the globally coupled constraints that link the decisions of autonomous agents…

Systems and Control · Electrical Eng. & Systems 2025-04-04 Yichen Yao , Ryan Mbagna Nanko , Yue Wang , Xuan Wang

In this work, a dynamic system is controlled by multiple sensor-actuator agents, each of them commanding and observing parts of the system's input and output. The different agents sporadically exchange data with each other via a common bus…

Systems and Control · Computer Science 2017-07-14 Michael Muehlebach , Sebastian Trimpe

A multi-agent optimization problem motivated by the management of energy systems is discussed. The associated cost function is separable and convex although not necessarily strongly convex and there exist edge-based coupling equality…

Optimization and Control · Mathematics 2022-06-03 Wicak Ananduta , Angelia Nedić , Carlos Ocampo-Martinez

This paper presents a novel methodology to enforce motion safety guarantees even in the event of a sudden loss of control capabilities by any agent within a multi-agent system. This passive safety methodology permits the replacement of…

Optimization and Control · Mathematics 2023-05-29 Tommaso Guffanti , Simone D'Amico

This paper studies a distributed multi-agent convex optimization problem. The system comprises multiple agents in this problem, each with a set of local data points and an associated local cost function. The agents are connected to a…

Optimization and Control · Mathematics 2021-08-20 Kushal Chakrabarti , Nirupam Gupta , Nikhil Chopra

In this paper, we present an innovative risk-bounded motion planning methodology for stochastic multi-agent systems. For this methodology, the disturbance, noise, and model uncertainty are considered; and a velocity obstacle method is…

Robotics · Computer Science 2022-02-22 Xiaoxue Zhang , Jun Ma , Zilong Cheng , Masayoshi Tomizuka , Tong Heng Lee

In important applications involving multi-task networks with multiple objectives, agents in the network need to decide between these multiple objectives and reach an agreement about which single objective to follow for the network. In this…

Optimization and Control · Mathematics 2018-12-27 Sahar Khawatmi , Abdelhak M. Zoubir , Ali H. Sayed

This paper introduces a novel approach to solve the coverage optimization problem in multi-agent systems. The proposed technique offers an optimal solution with a lower cost with respect to conventional Voronoi-based techniques by…

Systems and Control · Electrical Eng. & Systems 2025-08-12 Mohammadhasan Faghihi , Meysam Yadegar , Mohammadhosein Bakhtiaridoust , Nader Meskin , Javad Sharifi , Peng Shi

This work aims to address the design of fully distributed control protocols for stochastic consensus, and, for the first time, establishes the existence and uniqueness of solutions for the path-dependent and highly nonlinear closed-loop…

Systems and Control · Electrical Eng. & Systems 2026-04-01 Xuping Hou , Xiaofeng Zong , Yong He

We address the multi-agent persistent monitoring problem defined on a set of nodes (targets) interconnected over a network topology. A measure of mean overall node state uncertainty evaluated over a finite period is to be minimized by…

Systems and Control · Electrical Eng. & Systems 2020-10-06 Shirantha Welikala , Christos G. Cassandras

This paper proposes Distributed Model Predictive Covariance Steering (DiMPCS) for multi-agent control under stochastic uncertainty. The scope of our approach is to blend covariance steering theory, distributed optimization and model…

Robotics · Computer Science 2025-01-28 Augustinos D. Saravanos , Isin M. Balci , Efstathios Bakolas , Evangelos A. Theodorou
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