Related papers: Auctioning Escape Permits for Multiple Correlated …
In this paper, we consider the problem of pollution control in a system that undergoes regular regime shifts. We first show that the optimal policy of pollution abatement is periodic as well, and is described by the unique hybrid limit…
Air pollution remains a critical environmental and public health challenge, demanding high-resolution spatial data to better understand its spatial distribution and impacts. This study addresses the challenges of conducting multivariate…
This paper presents the coordination of two congestion management instruments - capacity limitation contracts (CLCs) and redispatch contracts (RCs) - as a risk-aware resource allocation problem. We propose that the advantages and drawbacks…
Auction is widely regarded as an effective way in dynamic spectrum redistribution. Recently, considerable research efforts have been devoted to designing privacy-preserving spectrum auctions in a variety of auction settings. However, none…
As computational agents are developed for increasingly complicated e-commerce applications, the complexity of the decisions they face demands advances in artificial intelligence techniques. For example, an agent representing a seller in an…
Manipulation of large systems of active particles is a serious challenge across diverse domains, including crowd management, control of robotic swarms, and coordinated material transport. The development of advanced control strategies for…
We present a sequential distributed model predictive control (MPC) scheme for cooperative control of multi-agent systems with dynamically decoupled heterogeneous nonlinear agents subject to individual constraints. In the scheme, we explore…
Uncertainty modeling has become increasingly important in power system decision-making. The widely-used tractable uncertainty modeling method-chance constraints with Conditional Value at Risk (CVaR) approximation, can be overconservative…
US transmission systems and wholesale electricity markets, albeit federally regulated, often span across multiple state jurisdictions. In this environment, state regulators can strategically exploit this techno-economic coupling to advance…
Marine pollution is a growing worldwide concern, affecting health of marine ecosystems, human health, climate change, and weather patterns. To reduce underwater pollution, it is critical to have access to accurate information about the…
Multi-unit auctions are a paradigmatic model, where a seller brings multiple units of a good, while several buyers bring monetary endowments. It is well known that Walrasian equilibria do not always exist in this model, however compelling…
We consider the problem of an auctioneer who faces the task of selling a good (drawn from a known distribution) to a set of buyers, when the auctioneer does not have the capacity to describe to the buyers the exact identity of the good that…
The proposed construction of new particle accelerator-based facilities in the coming decades -- and upgrades to existing facilities -- provides the unique opportunity to embed innovative environmental impact reduction techniques into their…
The combinatorial auction (CA) is an efficient mechanism for resource allocation in different fields, including cloud computing. It can obtain high economic efficiency and user flexibility by allowing bidders to submit bids for combinations…
With the recent technological feasibility of electronic commerce over the Internet, much attention has been given to the design of electronic markets for various types of electronically-tradable goods. Such markets, however, will normally…
A sequence of recent studies show that even in the simple setting of a single seller and a single buyer with additive, independent valuations over $m$ items, the revenue-maximizing mechanism is prohibitively complex. This problem has been…
Although unmanned vehicle fleets offer efficiency in transportation, logistics and inspection, their susceptibility to failures poses a significant challenge to mission continuity. We study the Multi-Depot Rural Postman Problem with…
The growing usage of renewable energy resources has introduced significant uncertainties in energy generation, enlarging challenges for Regional Transmission Operators (RTOs) in managing transmission congestion. To mitigate congestion that…
Carbon matching aims to improve corporate carbon accounting by tracking emissions rather than energy consumption and production. We present a mathematical derivation of carbon matching using marginal emission rates, where the unit of…
This study explores the design of an efficient rebate policy in auction markets, focusing on a continuous-time setting with competition among market participants. In this model, a stock exchange collects transaction fees from auction…