Unit

Chair of Operations, Economics and Strategy

Laboratory

Related publications (52)

Graph Chatbot

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Essays in Financial Economics

Christopher Trevisan

This thesis is structured in three chapters, each pertaining to a specific problem in financial economics. The first chapter, titled 'High-Frequency Jump Analysis of the Bitcoin Market' and co-authored with Prof. Olivier Scaillet and Adrien Treccani of the ...

EPFL2016

Uniqueness of equilibrium in a payment system with liquidation costs

Damir Filipovic, Léo Hamed Amini

We study a financial network where forced liquidations of an illiquid asset have a negative impact on its price, thus reinforcing network contagion. We give conditions for uniqueness of the clearing asset price and liability payments. Our main result holds ...

Elsevier Science Bv2016

Optimal Retail in a Sharing Economy

Thomas Alois Weber

The emerging sharing economy is fueled by products that some consumers buy new. This paper introduces an overlapping-generations model to analyze consumers’ consumption choices and the equilibrium in the sharing market. We derive a retailer’s optimal prici ...

2015

The Question of Ownership in a Sharing Economy

Thomas Alois Weber

The sharing of durable goods in a dynamic ownership economy is attractive, since it has the potential to realize gains from trade via short-term transfers of usage rights. We develop a model in which a set of agents, who are heterogeneous in their likely n ...

Ieee Computer Soc2015

The Question of Ownership in a Sharing Economy

Thomas Alois Weber

IEEE Computer Society, Washington, D.C.2015

Providing ancillary service with commercial buildings: the Swiss perspective

Colin Neil Jones, Ioannis Lymperopoulos, Faran Ahmed Qureshi, Ali Ahmadi Khatir, Xuan Truong Nghiem

Ancillary services constitute the cornerstone of the power grid. They allow for an efficient system operation, provide resilience to uncertainties and establish safeguards against unprecedented events. Their importance is growing due to the rise of grid de ...

2015

Asset pricing with arbitrage activity

Julien Hugonnier

We study an economy populated by three groups of myopic agents: constrained agents subject to a portfolio constraint that limits their risk taking, unconstrained agents subject to a standard nonnegative wealth constraint, and arbitrageurs with access to a ...

Elsevier2015

Impact of Demand-Response on the Efficiency and Prices in Real-Time Electricity Markets

Jean-Yves Le Boudec, Dan-Cristian Tomozei, Nicolas Gabriel Gast

We study the effect of Demand-Response (DR) in dynamic real-time electricity markets. We use a two-stage market model that takes into account the dynamical aspects of generation, demand, and DR. We study the real-time market prices in two scenarios: in the ...

-2014

Impact of demand-response on the efficiency and prices in real-time electricity markets

Jean-Yves Le Boudec, Dan-Cristian Tomozei, Nicolas Gabriel Gast

ACM Press2014

The Question of Ownership in a Sharing Economy

Thomas Alois Weber

EPFL2014