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In this letter, we propose an adaptive risk-based replanning strategy in the context of multirobot task allocation for dealing with limitations of local perception and unpredicted human behavior. Our replanning method is based on the variations of social r ...
Despite regulatory efforts to promote all-to-all trading, the post-Dodd-Frank index credit default swap market remains two-tiered. Transaction costs are higher for dealer-to-client than interdealer trades, but the difference is explained by the higher, lar ...
In the face of demand uncertainty, a monopolist can observe sales as a controlled reaction to its price and advertising so as to improve the choice of this marketing mix in the future. Furthermore, to upgrade its knowledge about demand the firm has the opt ...
Buildings account for over 70% of the electricity use in the US. As cities grow, high peaks of electricity consumption are becoming more frequent, which leads to higher prices for electricity. Demand response is the coordination of electrical loads such th ...
The extraction, supply, market price and recycling of the metals used for superalloys were modelled using the systems dynamics model WORLD6. Peak production per capita (Supply Security) and stock-in-use per capita (Utility of Use) as well as resource stock ...
Paul Scherrer Institute, World Resources Forum2019
This thesis develops three models that study the motivation of various agents to take on debt,
and the impact that excessive financial leverage can have on social welfare.
In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...
This paper is a contribution to assessing the Swiss energy transition, with an emphasis on the consequences of decommissioning the nuclear power plants for the electricity market and the whole economy. We expect that increased renewable generation and dema ...
I started my PhD studies in August 2014 with a strong desire to push my own limits without knowing precisely the areas I wanted to cover in detail. To me, it was clear that I was interested by many different fields, however, I was particularly concerned wi ...
We study a general class of repeated auctions, such as the ones found in electricity markets, as multi-agent games between the bidders. In such a repeated setting, bidders can adapt their strategies online using no-regret algorithms based on the data obser ...
Oligopolistic competition occurs often in transportation as well as in other markets due to reasons such as barriers to entry, limited capacity of the infrastructure and external regulations. In transport oligopolies, suppliers are profit maximizers and ta ...