5 papers
Learning to Price Electricity for Optimal Demand Response
Jing Shang, Mohammad Mehrabi, Xinyang Zhou +3
There is considerable interest in using time-varying electricity prices to shape consumer demand response, and better align energy demand with renewable production. However, optima…
Estimating Dynamic Marginal Policy Effects under Sequential Unconfoundedness
I-han Lai, Stefan Wager
We develop methods for estimating how infinitesimal policy changes affect long-term outcomes in dynamic systems. We show that dynamic marginal policy effects (MPEs) can be identifi…
Unlocking Deep Demand Flexibility via Dynamic Signals
Xinyang Zhou, Jing Shang, Andrey Bernstein +3
The rapid proliferation of distributed energy resources (DERs) and the electrification of residential loads offer significant potential for grid flexibility but pose stability chal…
Optimal Mechanisms for Demand Response: An Indifference Set Approach
Mohammad Mehrabi, Omer Karaduman, Stefan Wager
The time at which renewable (e.g., solar or wind) energy resources produce electricity cannot generally be controlled. In many settings, however, consumers have some flexibility in…
Off-Policy Evaluation in Markov Decision Processes under Weak Distributional Overlap
Mohammad Mehrabi, Stefan Wager
Doubly robust methods hold considerable promise for off-policy evaluation in Markov decision processes (MDPs) under sequential ignorability: They have been shown to converge as $1/…