Transactive energy systems: The market-based coordination of distributed energy resources
Due to pressing environmental concerns, there is a global consensus to commit to a
sustainable energy future. Germany has embraced Energiewende, a bold sustainable …
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 …
demands are affected by the earlier allocations he receives? For example, consider an …
Incentive compatibility in stochastic dynamic systems
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 …
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
Combining reinforcement learning (RL) with mechanism design (MD) holds the potential for
efficient optimisation of mechanisms within online ad auctions, smart grid pricing and …
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 …
mechanism when the agents' valuations can be characterized by a Markov Decision …
A mechanism for selling battery storage service in day-ahead electricity markets
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 …
of utility-scale storage capacity. The scenario changes substantially with increased Electric …