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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

Effective requirements management plays an important role when it comes to the support of product development teams in the automotive industry. A precise positioning of new cars in the market is based on features and characteristics…

软件工程 · 计算机科学 2014-09-10 Tim Gülke , Bernhard Rumpe , Martin Jansen , Joachim Axmann

The manufacturing industry is under growing pressure to enhance sustainability while preserving economic competitiveness. As a result, manufacturers have been trying to determine how to integrate onsite renewable energy and real-time…

系统与控制 · 电气工程与系统科学 2025-07-22 Hongliang Li , Herschel C. Pangborn , Ilya Kovalenko

In China's competitive fresh e-commerce market, optimizing operational strategies, especially inventory management in front-end warehouses, is key to enhance customer satisfaction and to gain a competitive edge. Front-end warehouses are…

机器学习 · 计算机科学 2025-05-30 Zheming Zhang , Yan Jiang , Qingshan Li , Ai Han

The participation of renewable energy sources in energy markets is challenging, mainly because of the uncertainty associated with the renewables. Aggregation of renewable energy suppliers is shown to be very effective in decreasing this…

最优化与控制 · 数学 2016-09-26 Farshad Harirchi , Tyrone Vincent , Dejun Yang

We analyze the problem of a renewable generator who wants to sell its random generation in a two-stage market to a number of strategic, but flexible, load serving entities (LSEs). To offer an incentive to participate in the auction, the…

系统与控制 · 计算机科学 2018-11-27 Balsam Dakhil , Abhishek Gupta

The integration of renewable generation poses operational and economic challenges for the electricity grid. For the core problem of power balance, the legacy paradigm of tailoring supply to follow random demand may be inappropriate under…

系统与控制 · 计算机科学 2014-09-25 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

This paper shows that in suitable markets, even with out-of-equilibrium trade allowed, a simple price update rule leads to rapid convergence toward the equilibrium. In particular, this paper considers a Fisher market repeated over an…

计算机科学与博弈论 · 计算机科学 2010-12-13 Richard Cole , Lisa Fleischer , Ashish Rastogi

In many search markets, advance interim contracts include an explicit right to renege, granting one party the option to switch to more attractive matches that emerge later in the search process. This paper studies the design and welfare…

综合经济学 · 经济学 2026-03-30 Richard Faltings

The rapid advancement of AI and other emerging technologies has triggered exponential growth in computing resources demand. Faced with prohibitive infrastructure costs for large-scale computing clusters, users are increasingly resorting to…

计算机科学与博弈论 · 计算机科学 2025-04-22 Zhengyan Deng , Yusen Zheng , Chenliang Sheng , Shaowen Qin

Due to the growing concerns for sustainable development, supply chains seek to invest in social sustainability issues to seize more market share in today's competitive business environment. This study aims to develop a coordination scheme…

最优化与控制 · 数学 2023-01-18 Mahdi Ebrahimzadeh-Afrouzi , Masoud Asadpour Ahmadchali

Concurrent engineering taking into account product life-cycle factors seems to be one of the industrial challenges of the next years. Cost estimation and management are two main strategic tasks that imply the possibility of managing costs…

综合物理 · 物理学 2010-12-01 Nicolas Perry , Alain Bernard

We study decentralized markets for goods whose utility perishes in time, with compute as a primary motivation. Recent advances in reproducible and verifiable execution allow jobs to pause, verify, and resume across heterogeneous hardware,…

理论经济学 · 经济学 2025-11-21 Chengqi Zang , Gabriel P. Andrade , Oğuzhan Ersoy

Recent technology advances have enabled firms to flexibly process and analyze sophisticated employee performance data at a reduced and yet significant cost. We develop a theory of optimal incentive contracting where the monitoring…

理论经济学 · 经济学 2019-11-22 Anqi Li , Ming Yang

This paper considers online optimization of a renewal-reward system. A controller performs a sequence of tasks back-to-back. Each task has a random vector of parameters, called the task type vector, that affects the task processing options…

最优化与控制 · 数学 2021-06-01 Michael J. Neely

We study the regulation of a monopolistic firm using a robust-design approach. We solve for the policy that minimizes the regulator's worst-case regret, where the regret is the difference between his complete-information payoff minus his…

理论经济学 · 经济学 2019-10-11 Yingni Guo , Eran Shmaya

The system operator's scheduling problem in electricity markets, called unit commitment, is a non-convex mixed-integer program. The optimal value function is non-convex, preventing the application of traditional marginal pricing theory to…

综合经济学 · 经济学 2024-10-03 Conleigh Byers , Brent Eldridge

In this work, we study a scenario where a publisher seeks to maximize its total revenue across two sales channels: guaranteed contracts that promise to deliver a certain number of impressions to the advertisers, and spot demands through an…

计算机科学与博弈论 · 计算机科学 2021-07-16 Melika Abolhassani , Hossein Esfandiari , Yasamin Nazari , Balasubramanian Sivan , Yifeng Teng , Creighton Thomas

This paper evaluates market equilibrium under different pricing mechanisms in a two-settlement 100%-renewables electricity market. Given general probability distributions of renewable energy, we establish game-theoretical models to analyze…

系统与控制 · 电气工程与系统科学 2023-05-23 Dongwei Zhao , Audun Botterud , Marija Ilic

With the expansion of the Internet of Things (IoT), the number of security incidents due to insecure and misconfigured IoT devices is increasing. Especially on the consumer market, manufacturers focus on new features and early releases at…

密码学与安全 · 计算机科学 2019-06-27 Philipp Morgner , Christoph Mai , Nicole Koschate-Fischer , Felix Freiling , Zinaida Benenson