Transactive energy systems: The market-based coordination of distributed energy resources

S Li, J Lian, AJ Conejo, W Zhang - IEEE Control Systems …, 2020 - ieeexplore.ieee.org
Due to pressing environmental concerns, there is a global consensus to commit to a
sustainable energy future. Germany has embraced Energiewende, a bold sustainable …

[PDF][PDF] The University of Chicago

H Liu - United States, 2020 - knowledge.uchicago.edu
How should a monopolistic seller (she) sell an item to a buyer (he), when the buyer's later
demands are affected by the earlier allocations he receives? For example, consider an …

Incentive compatibility in stochastic dynamic systems

K Ma, PR Kumar - IEEE Transactions on Automatic Control, 2020 - ieeexplore.ieee.org
The classic Vickrey-Clarke-Groves (VCG) mechanism ensures incentive compatibility, ie,
truth-telling is a dominant strategy for all agents, for a static one-shot game. However, it does …

[PDF][PDF] Efficient reinforcement dynamic mechanism design

D Mguni, M Tomczak - GAIW: Games, agents and …, 2019 - agent-games-2019.preflib.org
Combining reinforcement learning (RL) with mechanism design (MD) holds the potential for
efficient optimisation of mechanisms within online ad auctions, smart grid pricing and …

Optimal Mechanism Design for Sequential Decision Making Processes

B Lyu - 2024 - knowledge.uchicago.edu
For the dissertation, we propose studying efficiently learning the optimal dynamic
mechanism when the agents' valuations can be characterized by a Markov Decision …

A mechanism for selling battery storage service in day-ahead electricity markets

B Satchidanandan, MA Dahleh - 2021 American Control …, 2021 - ieeexplore.ieee.org
A major impediment to high renewable energy penetration in the power grid is the absence
of utility-scale storage capacity. The scenario changes substantially with increased Electric …