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Bidding is a key element of search advertising, but the variation in bidders' valuations and strategies is often overlooked. Disclosing bid information helps uncover this heterogeneity and enables platforms to tailor their disclosure…

综合经济学 · 经济学 2024-10-10 Zhu Mingxi , Song Michelle

There is an intrinsic value in higher integration of multi-carrier energy systems (especially gas and electricity), to increase operational flexibility in the electricity system and to improve allocation of resources in gas and electricity…

The recent widespread adoption of rooftop solar backed by battery storage is enabling energy customers to both produce and consume electricity (i.e., prosumers of electricity). To facilitate prosumer participation in the electric grid, new…

系统与控制 · 电气工程与系统科学 2025-06-25 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Guodong Shi , Duncan S. Callaway , Elizabeth L. Ratnam

Sustainable procurement requires organizations to align their purchasing behavior with regard to broader goals linked to resource efficiency, climate change, social responsibility and other sustainability criteria. The level of…

计算机与社会 · 计算机科学 2020-06-11 Tobias Welz , Matthias Stuermer

Firms' algorithm development practices are often homogeneous. Whether firms train algorithms on similar data, aim at similar benchmarks, or rely on similar pre-trained models, the result is correlated predictions. We model the impact of…

计算机科学与博弈论 · 计算机科学 2025-03-21 Nathanael Jo , Kathleen Creel , Ashia Wilson , Manish Raghavan

Federated learning is a distributed optimization paradigm that enables a large number of resource-limited client nodes to cooperatively train a model without data sharing. Several works have analyzed the convergence of federated learning by…

机器学习 · 计算机科学 2020-10-06 Yae Jee Cho , Jianyu Wang , Gauri Joshi

Consensus-based optimization (CBO) is a powerful and versatile zero-order multi-particle method designed to provably solve high-dimensional global optimization problems, including those that are genuinely nonconvex or nonsmooth. The method…

最优化与控制 · 数学 2026-02-13 Massimo Fornasier , Hui Huang , Jona Klemenc , Greta Malaspina

This paper addresses the question of how much to bid to maximize the profit when trading in two electricity markets: the hourly Day-Ahead Auction and the quarter-hourly Intraday Auction. For optimal coordinated bidding many price scenarios…

统计金融 · 定量金融 2026-01-27 Michał Narajewski , Florian Ziel

Electric vehicle adoption is considered to be a promising pathway for addressing climate change. However, the market for charging stations suffers from a market failure: a lack of EV sales disincentives charging station production, which in…

综合经济学 · 经济学 2023-02-03 Zunian Luo

This paper proposes a novel approach to resilient distributed optimization with quadratic costs in a networked control system (e.g., wireless sensor network, power grid, robotic team) prone to external attacks (e.g., hacking, power outage)…

系统与控制 · 电气工程与系统科学 2025-02-11 Luca Ballotta , Giacomo Como , Jeff S. Shamma , Luca Schenato

Competition in the Information Technology Outsourcing (ITO) and Business Process Outsourcing (BPO) industry is increasingly moving from being motivated by cost savings towards strategic benefits that service providers can offer to their…

综合经济学 · 经济学 2022-06-03 Marfri Gambal , Aleksandre Asatiani , Julia Kotlarsky

This study develops a scalable co-optimization strategy for the joint bidding of cascaded hydropower, wind, and solar energy units, treated as a unified entity in the day-ahead market. Although hydropower flexibility can manage the…

This paper proposes a peer-to-peer energy trading scheme that can help the centralized power system to reduce the total electricity demand of its customers at the peak hour. To do so, a cooperative Stackelberg game is formulated, in which…

系统与控制 · 电气工程与系统科学 2019-08-27 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Thomas Morstyn , Nahid-Al-Masood , H. Vincent Poor , Richard Bean

In this paper, a framework is proposed to coordinate the operation of the independent system operator (ISO) and distribution system operator (DSO). The framework is compatible with current practice of the U.S. wholesale market to enable…

系统与控制 · 电气工程与系统科学 2023-06-16 Mohammad Mousavi , Meng Wu

The decarbonization of the power sector plays a pivotal role in economy-wide decarbonization to set the world on track to limit warming to 1.5{\deg}C by 2050. Carbon emission markets can play a significant role in this transition by putting…

系统与控制 · 电气工程与系统科学 2022-10-19 Yijie Yang , Jian Shi , Dan Wang , Chenye Wu , Zhu Han

This paper presents a data-driven inverse optimization (IO) approach to recover the marginal offer prices of generators in a wholesale energy market. By leveraging underlying market-clearing processes, we establish a closed-form…

最优化与控制 · 数学 2023-05-17 Zhirui Liang , Yury Dvorkin

A distributed, hierarchical, market based approach is introduced to solve the economic dispatch problem. The approach requires only a minimal amount of information to be shared between a central market operator and the end-users. Price…

多智能体系统 · 计算机科学 2020-09-07 Cornelis Jan van Leeuwen , Joost Stam , Arun Subramanian , Koen Kok

In this paper we study a pollution regulation problem in an electricity market with a network structure. The market is ruled by an independent system operator (ISO for short) who has the goal of reducing the pollutant emissions of the…

最优化与控制 · 数学 2021-11-29 Nicolás Hernández Santibáñez , Alejandro Jofré , Dylan Possamaï

Due to the limited predictability of wind power and other stochastic generation, trading this energy in competitive electricity markets is challenging. This paper derives revenue-maximising and risk-constrained strategies for stochastic…

综合金融 · 定量金融 2018-05-31 Jethro Browell

Many companies rely on advertising platforms such as Google, Facebook, or Instagram to recruit a large and diverse applicant pool for job openings. Prior works have shown that equitable bidding may not result in equitable outcomes due to…

计算机与社会 · 计算机科学 2023-05-24 Inbal Livni Navon , Charlotte Peale , Omer Reingold , Judy Hanwen Shen
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