3 papers
math.OC2026
Adding Decision Problem Makes Information More Valuable
Michel de Lara
We consider decision-making under incomplete information about an unknown state of nature. We show that a decision problem yields a higher value of information than another, unifor…
cs.GT2025
Games in Product Form for Demand Response Modelling
Thomas Buchholtzer, Michel de Lara
Energy systems are changing rapidly. More and more, energy production is becoming decentralized, highly variable and intermittent (solar, wind), while demand is diversifying (elect…
math.OC2025
Increasing Value of Information Implies Separable Utility
Michel de Lara
We consider decision-making under incomplete information about an unknown state of nature. Utility acts (that is, utility vectors indexed by states of nature) and beliefs (probabil…