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We study a setup in which a system operator hires a sensor to exert costly effort to collect accurate measurements of a value of interest over time. At each time, the sensor is asked to report his observation to the operator, and is compensated based on the accuracy of this observation. Since both the effort and observation are private information for the sensor, a naive payment scheme which compensates...
We consider the dynamic price formation process in a prosumer to aggregator dynamic game. Prosumers sell excess energy to an aggregator in every period with possiblity of recharge between two periods. The price at which the prosumer bids to sells her excess energy is a function of the state of the excess energy available to all the prosumers participating in the game. It is shown that the strategy...
In this paper, we analyze the electric vehicle charging business by modeling the charging station and the electric vehicle customer as market players. Each player maximizes his own utility by choosing the charging profile. This problem is first considered under the condition that the charging price is exogenous, where competitive equilibrium is studied. The charging profile at the competitive equilibrium...
This paper studies the problem of multistage placement of electric vehicle (EV) charging stations with incremental EV penetration rates. A nested logit model is employed to analyze the charging preference of the individual consumer (EV owner) and predict the aggregated charging demand at the charging stations. The EV charging industry is modeled as an oligopoly where the entire market is dominated...
In this paper, we consider the problem of robust state-feedback stabilization for multi-channel systems from a game-theoretic framework. In such a framework, we characterize the feedback Nash equilibria via a set of stabilizing state-feedback solutions corresponding to a family of perturbed multi-channel systems with dissipativity properties. Specifically, we show that the existence of a weak-optimal...
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