Publications related to Welfare

Energy Management of Price-Maker Community Energy Storage by Stochastic Dynamic Programming

In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...

China Electric Power Research Inst2024

Equilibria in Network Constrained Energy Markets

Leonardo Massai

We study an energy market composed of producers who compete to supply energy to different markets and want to maximize their profits. The energy market is modeled by a graph representing a constrained power network where nodes represent the markets and lin ...

Elsevier2023

Scalable Multi-agent Coordination and Resource Sharing

Panayiotis Danassis

A plethora of real world problems consist of a number of agents that interact, learn, cooperate, coordinate, and compete with others in ever more complex environments. Examples include autonomous vehicles, robotic agents, intelligent infrastructure, IoT de ...

EPFL2022

Heterogeneity in decentralized asset markets

Julien Hugonnier

We study a canonical model of decentralized exchange for a durable good or asset, where agents are assumed to have time-varying, heterogeneous utility types. Whereas the existing literature has focused on the special case of two types, we allow agents' uti ...

ECONOMETRIC SOCIETY2022

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

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 ...

SPRINGER2022

European Economic impacts of cutting energy imports from Russia: A computable general equilibrium analysis

Marc Vielle, Sigit Pria Perdana

The recent economic sanctions against Russia can jeopardise the sustainability of the European Union's (EU) energy supply. Despite the EU's strong commitment to stringent abatement targets, fossil fuels still play a significant role in the EU energy policy ...

ELSEVIER2022

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

Making the EU Carbon Border Adjustment Mechanism Acceptable and Climate Friendly for Least Developed Countries

Marc Vielle, Sigit Pria Perdana

Implementation of CBAM to support EU climate neutrality by 2050 has raised several concerns. As the mechanism aims to minimise leakage through equal fairness in global mitigation, imposing carbon tariffs on the EU's imports of energy- intensive goods could ...

2022

Making the EU Carbon Border Adjustment Mechanism Acceptable and Climate Friendly for Least Developed Countries

Marc Vielle, Sigit Pria Perdana

Implementation of CBAM to support EU climate neutrality by 2050 has raised several concerns. As the mechanism aims to minimise leakage through equal fairness in global mitigation, imposing carbon tariffs on the EU's imports of energy- intensive goods could ...

2022

Making the EU Carbon Border Adjustment Mechanism Acceptable and Climate Friendly for Least Developed Countries

Marc Vielle, Sigit Pria Perdana

Implementation of CBAM to support EU climate neutrality by 2050 has raised several concerns. As the mechanism aims to minimise leakage through equal fairness in global mitigation, imposing carbon tariffs on the EU's imports of energy- intensive goods could ...

2022

Acetate, a metabolic product of Heligmosomoides polygyrus, facilitates intestinal epithelial barrier breakdown in a FFAR2-dependent manner

Nicola Harris, Mario Michael Zaiss, Julia Esser-von Bieren, Lalit Kumar Dubey, Luc Xavier Marie Lebon

Approximately 2 billion people worldwide and a significant part of the domestic livestock are infected with soil-transmitted helminths, of which many establish chronic infections causing substantial eco-nomic and welfare burdens. Beside intensive research ...

2022

A FAIR based approach to data sharing in Europe

Joan Decker

The European fusion research activities have, over recent decades, generated a vast and varied set of data. The volume and diversity of the data that need to be catalogued and annotated make the task of organising and making the data available within a bro ...

2022

From State-led to Aided Self-help: Marshall Plan and Workers’ Housing Cooperatives in Turkey

Sila Karatas

This paper aims to analyze the transnational discourse behind the programmatic shift in spatial production and layout of workers’ housing in Turkey from the state-financed model of the interwar period to the aided self-help model by the introduction of the ...

2022

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. The framework accommodates general discrete choice ...

2022

Making the EU Carbon Border Adjustment Mechanism acceptable and climate friendly for least developed countries

Marc Vielle, Sigit Pria Perdana

Implementation of CBAM to support EU climate neutrality by 2050 has raised concerns. As the mechanism aims to minimise leakage through equal fairness in global mitigation, imposing carbon tariffs on the EU’s imports of energyintensive goods could curtail t ...

2022

The right to housing? The antinomies of social housing between public and private

Sila Karatas

What is social housing, is it a right or a property? Is it guaranteed for all by welfare state or non-governmental organizations or a commodity in capitalist production and market relations? According to the Universal Declaration of Human Rights of 1948, h ...

2021

Carbon Border Adjustment Mechanism (CBAM) in the Transition to Net-Zero Emissions: Collective Implementation and Distributional Impacts

Marc Vielle, Sigit Pria Perdana

As an instrument to minimize carbon leakage, the effects and feasibility of Carbon Border Adjustments Mechanism (CBAM) will depend on multiple design options. While the EU has committed to introducing CBAM as part of its green climate deal, pursuing climat ...

2021

Carbon Border Adjustment Mechanism in the Transition to Net-Zero Emissions: Collective Implementation and Distributional Impacts

Marc Vielle, Sigit Pria Perdana

As an instrument to minimize carbon leakage, the effects and feasibility of Carbon Border Adjustments Mechanism (CBAM) will depend on multiple design options. While the EU has committed to introducing CBAM as part of its green climate deal, pursuing climat ...

2023

Potential Integration of Chinese and European Emissions Trading Market: Welfare Distribution Analysis

Marc Vielle, Sigit Pria Perdana, Ru Li

Central to the aims of the Paris Agreement, a multilateral coordinated action through integrated carbon markets has been a practical bottom up option for effective and efficient mitigation. This paper quantifies the welfare effects of potential integration ...

2020

Frictional Intermediation in Over-the-Counter Markets

Julien Hugonnier

We extend Duffie et al.'s (2005) search-theoretic model of over-the-counter (OTC) asset markets, allowing for a decentralized inter-dealer market with arbitrary heterogeneity in dealers' valuations (or, equivalently, inventory costs). We develop a solution ...

OXFORD UNIV PRESS2020