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Emergence and causality are two fundamental concepts for understanding complex systems. They are interconnected. On one hand, emergence refers to the phenomenon where macroscopic properties cannot be solely attributed to the cause of…

Physics and Society · Physics 2024-02-27 Bing Yuan , Zhang Jiang , Aobo Lyu , Jiayun Wu , Zhipeng Wang , Mingzhe Yang , Kaiwei Liu , Muyun Mou , Peng Cui

In 2022, Ukraine is suffering an invasion which has resulted in acute impacts playing out over time and geography. This paper examines the impact of the ongoing disruption on traffic behavior using analytics as well as zonal-based network…

Neural and Evolutionary Computing · Computer Science 2022-08-10 S. Travis Waller , Moeid Qurashi , Anna Sotnikova , Lavina Karva , Sai Chand

Traditional economic models typically treat private information, or signals, as generated from some underlying state. Recent work has explicated alternative models, where signals correspond to interpretations of available information. We…

Computer Science and Game Theory · Computer Science 2012-02-20 Michael P. Wellman , Lu Hong , Scott E. Page

Much of our experiments are designed to uncover the cause(s) and effect(s) behind a data generating mechanism (i.e., phenomenon) we happen to be interested in. Uncovering such relationships allows us to identify the true working of a…

Machine Learning · Computer Science 2023-07-11 M. Z. Naser

The growing complexity of the power grid, driven by increasing share of distributed energy resources and by massive deployment of intelligent internet-connected devices, requires new modelling tools for planning and operation. Physics-based…

Machine Learning · Statistics 2018-11-26 Francesco Fusco

The use of Internet in the every day life has pushed its evolution in a very fast way. The heterogeneity of the equipments supporting its networks, as well as the different devices from which it can be accessed, have participated in…

Networking and Internet Architecture · Computer Science 2014-04-23 Hadrien Hours , Ernst Biersack , Patrick Loiseau

The power grid defines one of the most important technological networks of our times and sustains our complex society. It has evolved for more than a century into an extremely huge and seemingly robust and well understood system. But it…

Physics and Society · Physics 2009-11-13 Ricard V. Solé , Martí Rosas-Casals , Bernat Corominas-Murtra , Sergi Valverde

The ATLAS model simulates the various stages of the electricity market chain in Europe, including the formulation of offers by different market actors, the coupling of European markets, strategic optimization of production portfolios and,…

General Economics · Economics 2024-02-21 Florent Cogen , Emily Little , Virginie Dussartre , Quentin Bustarret

Recent studies concerning the point electricity price forecasting have shown evidence that the hourly German Intraday Continuous Market is weak-form efficient. Therefore, we take a novel, advanced approach to the problem. A probabilistic…

Statistical Finance · Quantitative Finance 2021-02-02 Michał Narajewski , Florian Ziel

Conventional feasibility studies of deep decarbonisation are often limited in their temporal scope, and are thus unable to draw conclusions about grid reliability over multi-decadal time periods. To address this problem, we introduce…

General Economics · Economics 2025-11-20 J. Dunsmore , L. M. Arthur , R. S. Kemp

A burgeoning literature in economics studies how people form beliefs about the causal structures linking economic variables, and what happens when those beliefs are mistaken. We survey this research and connect it to a rich literature in…

General Economics · Economics 2026-04-03 Sandro Ambuehl , Rahul Bhui , Heidi C. Thysen

Electricity price forecasting has become a critical tool for decision-making in energy markets, particularly as the increasing penetration of renewable energy introduces greater volatility and uncertainty. Historically, research in this…

Statistical Finance · Quantitative Finance 2025-11-11 Ciaran O'Connor , Mohamed Bahloul , Steven Prestwich , Andrea Visentin

Climate extremes such as floods, storms, and heatwaves have caused severe economic and human losses across Europe in recent decades. To support the European Union's climate resilience efforts, we propose a statistical framework for…

Applications · Statistics 2025-05-26 Carlotta Pacifici , Simone A. Padoan , Jaroslav Mysiak

The high temporal variability of wind power generation represents a major challenge for the realization of a sustainable energy supply. Large backup and storage facilities are necessary to secure the supply in periods of low renewable…

Physics and Society · Physics 2018-11-21 Juliane Weber , Jan Wohland , Mark Reyers , Julia Moemken , Charlotte Hoppe , Joaquim G. Pinto , Dirk Witthaut

Urbanisation is a great challenge for modern societies, promising better access to economic opportunities while widening socioeconomic inequalities. Accurately tracking how this process unfolds has been challenging for traditional data…

Physics and Society · Physics 2020-04-13 Jacob Levy Abitbol , Márton Karsai

Forecasting electricity prices is a challenging task and an active area of research since the 1990s and the deregulation of the traditionally monopolistic and government-controlled power sectors. Although it aims at predicting both spot and…

Statistical Finance · Quantitative Finance 2025-07-23 Katarzyna Maciejowska , Bartosz Uniejewski , Rafał Weron

The global food system faces various endogeneous and exogeneous, biotic and abiotic risk factors, including a rising human population, higher population densities, price volatility and climate change. Quantitative models play an important…

General Economics · Economics 2020-12-16 Conor Goold , Simone Pfuderer , William H. M. James , Nik Lomax , Fiona Smith , Lisa M. Collins

We investigate the hierarchical structures of countries based on electricity consumption and economic growth by using the real amounts of their consumption over a certain time period. We use of electricity consumption data to detect the…

Statistical Finance · Quantitative Finance 2014-06-30 Ersin Kantar , Alper Aslan , Bayram Deviren , Mustafa Keskin

Achieving decarbonization across energy sectors requires demand-side transformation such as behavioural changes and end-use efficiency improvements to complement supply-side technological shifts. However, changing consumption patterns is…

Physics and Society · Physics 2025-08-07 Parisa Rahdan , Mirko Schäfer , Ana Belén Cristóbal López , Marta Victoria

Electronic devices exhibit changes in electrical resistance over time at varying rates, depending on the configuration of certain components. Since measuring overall electrical resistance requires partial disassembly, only a limited number…

Applications · Statistics 2025-06-24 Federico Mattia Stefanini , Nedka Dechkova Nikiforova , Rossella Berni