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A coordinated trading process is proposed as a design for an electricity market with significant uncertainty, perhaps from renewables. In this process, groups of agents propose to the system operator (SO) a contingent buy and sell trade…

最优化与控制 · 数学 2017-08-28 Junjie Qin , Ram Rajagopal , Pravin Varaiya

In a dynamic matching market, such as a marriage or job market, how should agents balance accepting a proposed match with the cost of continuing their search? We consider this problem in a discrete setting, in which agents have cardinal…

计算机科学与博弈论 · 计算机科学 2021-06-16 Ishan Agarwal , Richard Cole , Yixin Tao

We examine trade-offs among stakeholders in ad auctions. Our metrics are the revenue for the utility of the auctioneer, the number of clicks for the utility of the users and the welfare for the utility of the advertisers. We show how to…

计算机科学与博弈论 · 计算机科学 2014-04-22 Yoram Bachrach , Sofia Ceppi , Ian A. Kash , Peter Key , David Kurokawa

We study data exchange among strategic agents without monetary transfers, motivated by domains such as research consortia and healthcare collaborations where payments are infeasible or restricted. The central challenge is to reap the…

计算机科学与博弈论 · 计算机科学 2026-02-13 Rashida Hakim , Christos Papadimitriou , Mihalis Yannakakis

We discuss an incentivizing market and model-based approach to design the energy management and control systems which realize high-quality ancillary services in dynamic power grids. Under the electricity liberalization, such incentivizing…

系统与控制 · 计算机科学 2019-01-01 Yasuaki Wasa , Kenji Hirata , Kenko Uchida

We propose a spatial-constraint approach for modeling spatial-based interactions and enabling interactive visualizations, which involves the manipulation of visualizations through selection, filtering, navigation, arrangement, and…

人机交互 · 计算机科学 2024-03-21 Can Liu , Yu Zhang , Cong Wu , Chen Li , Xiaoru Yuan

Traditional combinatorial spectrum auctions mainly rely on fixed bidding and matching processes, which limit participants' ability to adapt their strategies and often result in suboptimal social welfare in dynamic spectrum sharing…

计算机科学与博弈论 · 计算机科学 2025-07-29 Xiang Shao , Wei Wang , Guan Gui

We propose a decentralized market model in which agents can negotiate bilateral contracts. This builds on a similar, but centralized, model of trading networks introduced by Hatfield et al. in 2013. Prior work has established that…

计算机科学与博弈论 · 计算机科学 2025-01-29 Edwin Lock , Benjamin Patrick Evans , Eleonora Kreacic , Sujay Bhatt , Alec Koppel , Sumitra Ganesh , Paul W. Goldberg

We present empirical evidence that land values are scale-free and introduce a network model that reproduces the observations. The network approach to urban modelling is based on the assumption that the market dynamics that generates land…

无序系统与神经网络 · 物理学 2009-11-10 Claes Andersson , Alexander Hellervik , Kristian Lindgren , Anders Hagson , Jonas Tornberg

Industrial symbiosis involves creating integrated cycles of by-products and waste between networks of industrial actors in order to maximize economic value, while at the same time minimizing environmental strain. In such a network, the…

物理与社会 · 物理学 2020-04-01 J. Raimbault , J. Broere , M. Somveille , J. M. Serna , E. Strombom , C. Moore , B. Zhu , L. Sugar

We propose a pseudo-market solution to resource allocation problems subject to constraints. Our treatment of constraints is general: including bihierarchical constraints due to considerations of diversity in school choice, or scheduling in…

理论经济学 · 经济学 2020-11-09 Federico Echenique , Antonio Miralles , Jun Zhang

Agent Based Modeling (ABM) has become a widespread approach to model complex interactions. In this chapter after briefly summarizing some features of ABM the different approaches in modeling spatial interactions are discussed. It is…

物理与社会 · 物理学 2014-05-06 Marcel Ausloos , Herbert Dawid , Ugo Merlone

We consider the learning dynamics of a single reinforcement learning optimal execution trading agent when it interacts with an event driven agent-based financial market model. Trading takes place asynchronously through a matching engine in…

交易与市场微观结构 · 定量金融 2023-11-23 Matthew Dicks , Andrew Paskaramoorthy , Tim Gebbie

The participation of renewable, energy storage, and resources with limited fuel inventory in electricity markets has created the need for optimal scheduling and pricing across multiple market intervals for resources with intertemporal…

最优化与控制 · 数学 2019-10-08 Jinye Zhao , Tongxin Zheng , Eugene Litvinov

Automated recommendations can nowadays be found on many e-commerce platforms, and such recommendations can create substantial value for consumers and providers. Often, however, not all recommendable items have the same profit margin, and…

社会与信息网络 · 计算机科学 2022-09-12 Nada Ghanem , Stephan Leitner , Dietmar Jannach

This study explores the potential of large language models (LLMs) to conduct market experiments, aiming to understand their capability to comprehend competitive market dynamics. We model the behavior of market agents in a controlled…

人机交互 · 计算机科学 2024-11-04 Jingru Jia , Zehua Yuan

With the establishment of global biological monitor network and development of remote sensing technology, data won't be a limitation, but the variance brought by spatial heterogeneous and fractal will influence correlation coefficient…

应用统计 · 统计学 2017-10-02 Xiatong Cai , Guangpeng Pei , Yuen Zhu , Donggang Guo , Hua Li

Understanding evacuation decision-making behaviour is one of the key components for designing disaster mitigation policies. This study investigates how communications between household agents in a community influence self-evacuation…

多智能体系统 · 计算机科学 2026-02-24 Made Krisnanda , Raymond Chiong , Yang Yang , Kirill Glavatskiy

Given ongoing, human-induced, loss of wild species we propose the Target and Cost Analysis (TCA) approach as a means of incorporating biodiversity within government appraisals of public spending. Influenced by how carbon is priced in…

Sustainable Development Goals are intrinsically competing, but their embedding into urban systems furthermore emphasises such compromises, due to spatial complexity, the non-optimal nature of such systems, and multi-objective aspects of…

物理与社会 · 物理学 2021-12-01 Juste Raimbault , Denise Pumain