Related papers: Structural Misalignment in Financial Transmission …
Flexible ramping products (FRPs) emerge as a promising instrument for addressing steep and uncertain ramping needs through market mechanisms. Initial implementations of FRPs in North American electricity markets, however, revealed several…
This article puts forward a methodology for procuring flexible ramping products (FRPs) in the day-ahead market (DAM). The proposed methodology comprises two market passes, the first of which employs a stochastic unit commitment (SUC) model…
The decreasing cost of energy storage technologies coupled with their potential to bring significant benefits to electric power networks have kindled research efforts to design both market and regulatory frameworks to facilitate the…
We present a composite wireless fading model encompassing multipath fading and shadowing based on fluctuating two-ray (FTR) fading and inverse gamma (IG) shadowing. We first determine an alternative framework for the statistical…
We investigate the joint uplink-downlink configuration of an intelligent reflecting surface (IRS) for multi-user frequency-division-duplexing (FDD) and time-division-duplexing (TDD) systems. This is motivated in FDD since uplink and…
Delay alignment modulation (DAM) is a novel transmission technique for wireless systems with high spatial resolution by leveraging delay compensation and path-based beamforming, to mitigate the inter-symbol interference (ISI) without…
New resource mix, e.g., renewable resources, are imposing operational complexities to modern power systems by intensifying uncertainty and variability in the system net load. This issue has motivated independent system operators (ISOs),…
Cross-border transmission infrastructure is pivotal in balancing modern power systems, but requires fair allocation of cross-border transmission capacity, possibly via fair pricing thereof. This requirement can be implemented using…
Intelligent reflecting surface (IRS)-assisted full-duplex (FD) terahertz (THz) communication systems have emerged as a promising paradigm to satisfy the escalating demand for ultra-high data rates and spectral efficiency in future wireless…
In digital advertising, online platforms allocate ad impressions through real-time auctions, where advertisers typically rely on autobidding agents to optimize bids on their behalf. Unlike traditional auctions for physical goods, the value…
Medical image segmentation models can perform unevenly across subgroups. Most existing fairness methods focus on improving average subgroup performance, implicitly treating each subgroup as internally homogeneous. However, this can hide…
An intelligent reflecting surface (IRS) can greatly improve the channel quality over a frequency-flat channel, if it is configured to reflect the incident signal as a beam towards the receiver. However, the fundamental limitations of the…
Full-duplex (FD) transmission has already been regarded and developed as a promising method to improve the utilization efficiency of the limited spectrum resource, as transmitting and receiving are allowed to simultaneously occur on the…
This paper studies arbitrage pricing theory in financial markets with implicit transaction costs. We extend the existing theory to include the more realistic possibility that the price at which the investors trade is dependent on the traded…
The presence of variable renewable energy resources with uncertain outputs in day-ahead electricity markets results in additional balancing needs in real-time. Addressing those needs cost-effectively and reliably within a competitive market…
In-band full-duplex relay (FDR) has attracted much attention as an effective solution to improve the coverage and spectral efficiency in wireless communication networks. The basic problem for FDR transmission is how to eliminate the…
Intelligent reflecting surfaces (IRSs) are promising enablers for next-generation wireless communications due to their reconfigurability and high energy efficiency in improving poor propagation condition of channels, e.g., limited…
Faster-than-Nyquist (FTN) signaling is a nonorthogonal transmission technique, which brings in intentional inter-symbol interference. This way it can significantly enhance spectral efficiency for practical pulse shapes such as the root…
In this paper, we investigate the performance analysis of dual hop relaying system consisting of asymmetric Radio Frequency (RF)/Free Optical Space (FSO) links. The RF channels follow a Rayleigh distribution and the optical links are…
This paper investigates how similarity in the informational representation of market states among Artificial Intelligence (AI) trading agents can generate systemic instability in financial markets. We construct a structural multi-agent…