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High-quality information has emerged from the contributions of many using the wiki paradigm. A logical next step is to use the wisdom of the crowd philosophy to solve complex problems and produce informed policy. We introduce a new approach to aggregating the beliefs and preferences of many individuals to form models that can be used in social policy and decision-making. Traditional social choice...
This paper presents MASCEM - a multi-agent based electricity market simulator. MASCEM uses game theory, machine learning techniques, scenario analysis and optimization techniques to model market agents and to provide them with decision-support. This paper mainly focus on the MASCEM ability to provide the means to model and simulate virtual power players (VPP). VPPs are represented as a coalition of...
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