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To meet the net-zero emission target by 2050, Switzerland must install between 34 and 50 GW of distributed photovoltaic (PV). The inherent challenge with such an extensive integration of stochastic generation is to provide the flexibility for balancing sup ...
When labour unions use first-best price discrimination, they can extract a wage above the marginal product of labour: employment is above the firm's own optimum - this is featherbedding or overmanning, and such rigidities can increase employment. While lab ...
Modern machine learning architectures distinguish servers and workers. Typically, a d-dimensional model is hosted by a server and trained by n workers, using a distributed stochastic gradient descent (SGD) optimization scheme. At each SGD step, the goal is ...
Schloss Dagstuhl--Leibniz-Zentrum f{\"u}r Informatik2021
In a progressively aging population, it is of utmost importance to develop reliable, non-invasive, and cost-effective tools to estimate biomarkers that can be indicative of cardiovascular risk. Clinical parameters directly measured in the heart or the ao ...
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms -- whether we have monopoly or monopsony power. This paper provides a model of wage bargaining in the labour market where workers have monopoly power over ...
Electricity markets are currently experiencing a period of rapid change. The intermittent nature of renewable energy is disrupting the conventional methods used in operational planning of the electrical grid, causing a shift from a day-ahead forecast polic ...
The AI-driven Fourth Industrial Revolution and the COVID-19 pandemic have one important thing in common: they both have caused significant and rapid changes to the skill set landscape of various industries. These disruptive forces mean that the early ident ...
In this article, three different modes of a novel integrated system would be evaluated by the application of high temperature Thermal Energy Storage (TES) to produce electricity, cooling, and freshwater. Freshwater is produced using the reverse osmosis (RO ...
We consider online convex optimization with a zero-order oracle feedback. In particular, the decision maker does not know the explicit representation of the time-varying cost functions, or their gradients. At each time step, she observes the value of the c ...
Understanding cognitive states of human under different difficulty levels is useful in improving human-human and human-machine interactions. For example, a crucial factor in designing games is maintaining the engagement of players. An ideal scenario would ...