18 citations · 37 across the 10 of their papers we have counts for
3 papers · 1 filter
Statistical and economic evaluation of forecasts in electricity markets: beyond RMSE and MAE
Katarzyna Maciejowska, Arkadiusz Lipiecki, Bartosz Uniejewski
Electricity price forecasts are typically evaluated using accuracy measures such as RMSE and MAE, although these metrics often fail to reflect their economic value in operational d…
When heterogeneity drives hysteresis: Anticonformity in the multistate -voter model on networks
Arkadiusz Lipiecki, Katarzyna Sznajd-Weron
Discontinuous phase transitions are closely linked to tipping points, critical mass effects, and hysteresis, phenomena that have been confirmed empirically and recognized as highly…
Stealing Accuracy: Predicting Day-ahead Electricity Prices with Temporal Hierarchy Forecasting (THieF)
Arkadiusz Lipiecki, Kaja Bilinska, Nicolaos Kourentzes +1
We introduce the concept of temporal hierarchy forecasting (THieF) in predicting day-ahead electricity prices and show that reconciling forecasts for hourly products and 2- to 24-h…