Concept

Evolutionary game theory

Related publications (85)

Price discrimination with robust beliefs

This paper considers the problem of second-degree price discrimination when the type distribution is unknown or imperfectly specified by means of an ambiguity set. As robustness measure we use a performance index, equivalent to relative regret, which quant ...

2023

Improved Cooperation by Exploiting a Common Signal

Boi Faltings, Zeki Doruk Erden, Panayiotis Danassis

Can artificial agents benefit from human conventions? Human societies manage to successfully self-organize and resolve the tragedy of the commons in common-pool resources, in spite of the bleak prediction of non-cooperative game theory. On top of that, rea ...

International Foundation for Autonomous Agents and Multiagent Systems2022

Exploiting environmental signals to enable policy correlation in large-scale decentralized systems

Boi Faltings, Zeki Doruk Erden, Panayiotis Danassis

SPRINGER2022

Enabling inter-area reserve exchange through stable benefit allocation mechanisms *

Maryam Kamgarpour, Gabriela Hug, Orcun Karaca

The establishment of a single European day-ahead market has accomplished the integration of the regional day-ahead markets. However, reserve provision and activation remain an exclusive responsibility of regional operators. This limited spatial coordinatio ...

PERGAMON-ELSEVIER SCIENCE LTD2022

Game-theoretic Mechanisms for Eliciting Accurate Information

Boi Faltings

Artificial Intelligence often relies on information obtained from others through crowdsourcing, federated learning, or data markets. It is crucial to ensure that this data is accurate. Over the past 20 years, a variety of incentive mechanisms have been dev ...

2022

Towards an Evolutionary Theory of Stress Responses

Maria del Carmen Sandi Perez

All organisms have a stress response system to cope with environmental threats, yet its precise form varies hugely within and across individuals, populations, and species. While the physiological mechanisms are increasingly understood, how stress responses ...

2021

Dispatch-aware planning of energy storage systems in active distribution network

Mario Paolone, Ji Hyun Yi

This paper proposes a procedure for the optimal siting and sizing of energy storage systems (ESSs) within active distribution networks (ADNs) hosting a large amount of stochastic distributed renewable energy resources. The optimization objective is to mini ...

2020

Balancing management of strategic aggregators using non-cooperative game theory

Mokhtar Bozorg, Mohammad Rayati

The aggregators are intermediary players at the distribution system level. They manage the financial transactions of resources such as micro-turbines (MTs), photo-voltaic (PV) production systems, flexible demands (FDs), and must-run demands (MDs) in the en ...

ELSEVIER SCIENCE SA2020

A Multiagent Model of Efficient and Sustainable Financial Markets

In this paper, we introduce a model of a financial market as a multiagent repeated game where the players are market makers. We formalize the concept of market making and the parameters of the game. Our main contribution is a framework that combines game t ...

2020

Coordinating strategic aggregators in an active distribution network for providing operational flexibility

Mokhtar Bozorg, Mohammad Rayati

The support of distributed energy resources (DERs) for providing operational flexibility can be beneficial from the transmission system operators' (TSOs') viewpoint. Despite all opportunities, using DERs within an active distribution network (ADN) for prov ...

ELSEVIER SCIENCE SA2020

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