10 papers
Invariant Price of Anarchy: a Metric for Welfarist Traffic Control
Ilia Shilov, Mingjia He, Heinrich H. Nax +3
The Price of Anarchy (PoA) is a standard metric for quantifying inefficiency in socio-technical systems, widely used to guide policies like traffic tolling. Conventional PoA analys…
Hedging against Black Swans in Day-Ahead Energy Markets
Liviu Aolaritei, Boubacar Bangoura, Saverio Bolognani +2
Renewable generators must commit to day-ahead market bids despite uncertainty in both production and real-time prices. While forecasts provide valuable guidance, rare and unpredict…
Voltage Support Procurement in Transmission Grids: Incentive Design via Online Bilevel Games
Zhisen Jiang, Saverio Bolognani, Giuseppe Belgioioso
The integration of distributed energy resources into transmission grid operations presents a complex challenge, particularly in the context of reactive power procurement for voltag…
Strategically Robust Game Theory via Optimal Transport
Nicolas Lanzetti, Sylvain Fricker, Saverio Bolognani +2
In many game-theoretic settings, agents are challenged with taking decisions against the uncertain behavior exhibited by others. Often, this uncertainty arises from multiple source…
A Vision for Trustworthy, Fair, and Efficient Socio-Technical Control using Karma Economies
Ezzat Elokda, Andrea Censi, Emilio Frazzoli +2
Control systems will play a pivotal role in addressing societal-scale challenges as they drive the development of sustainable future smart cities. At the heart of these challenges…
PRIME: Fast Primal-Dual Feedback Optimization for Markets with Application to Optimal Power Flow
Nicholas Julian Behr, Mattia Bianchi, Keith Moffat +2
Online Feedback Optimization (OFO) controllers iteratively drive a plant to an optimal operating point that satisfies input and output constraints, relying solely on the input-outp…