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Concept

Externality

Related publications (26)

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

Xue Zhang, Tianshu Yang

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

The impacts of decarbonization pathways on Sustainable Development Goals in the European Union

Marc Vielle, Sigit Pria Perdana

Climate action to achieve the Paris Agreement should respect the United Nations Sustainable Development Goals. Here, we use an integrated assessment modelling framework comprising nine climate policy models and quantify the impacts of decarbonisation pathw ...

2024

Enhancing Chondrocyte Biosynthetic Activities: Harnessing the Power of Loading-Induced Evolved Temperature

Theofanis Stampoultzis

Chondrocytes within articular cartilage possess the capacity to perceive and react to signals generated by the typical load-bearing actions of daily life, such as walking or running. Articular cartilage is predominantly oriented toward compression-based fu ...

EPFL2024

AI-driven Prices for Externalities and Sustainability in Production Markets

Boi Faltings, Panayiotis Danassis, Aris Filos Ratsikas

Traditional competitive markets do not account for negative externalities; indirect costs that some participants impose on others, such as the cost of over-appropriating a common-pool resource (which diminishes future stock, and thus harvest, for everyone) ...

Cornell University2023

Hierarchical Pricing Game for Balancing the Charging of Ride-Hailing Electric Fleets

Nikolaos Geroliminis, Nils Gustav Nilsson, Marko Maljkovic

Due to the ever-increasing popularity of ride-hailing services and the indisputable shift towards alternative fuel vehicles, the intersection of the ride-hailing market and smart electric mobility provides an opportunity to trade different services to achi ...

2023

A continuum approximation approach to the depot location problem in a crowd-shipping system

Nikolaos Geroliminis, Patrick Stefan Adriaan Stokkink

Last-mile delivery in the logistics chain contributes to congestion in urban networks due to frequent stops. Crowd-shipping is a sustainable and low-cost alternative to traditional delivery but relies heavily on the availability of occasional couriers. In ...

PERGAMON-ELSEVIER SCIENCE LTD2023

Enabling inter-area reserve exchange through stable benefit allocation mechanisms *

Maryam Kamgarpour

The establishment of a single European day-ahead market has accomplished the integration of the regional day-ahead markets. However, reserve provision and activation remain an exclusive responsibility of regional operators. This limited spatial coordinatio ...

PERGAMON-ELSEVIER SCIENCE LTD2022

Optimization and equilibrium problems with discrete choice models

Stefano Bortolomiol

Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...

EPFL2022

China’s extended urbanization driven by the 'consumption city' in the context of financialized ecological civilization

Florence Graezer Bideau, Thierry Marcel Theurillat

This article seeks to address current debates on ongoing China’s urban development and makes a theoretical proposal that links financialization and ecological civilization through the perspective of the increasing role of consumption in today’s transition ...

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

Guided accumulation of active particles by topological design of a second-order skin effect

Ignacio Pagonabarraga Mora

Collective guidance of out-of-equilibrium systems without using external fields is a challenge of paramount importance in active matter, ranging from bacterial colonies to swarms of self-propelled particles. Designing strategies to guide active matter and ...

Nature Portfolio2021

A dynamic scheduling tool and a methodology for creating digital twin of manufacturing systems for achieving Zero Defect Manufacturing

Foivos Psarommatis Giannakopoulos

Nowadays manufacturing environment is highly volatile and rapidly changing as the need of products is increasing exponentially, due to the fact that Product Life Cycle is shortened and therefore more products are required to be manufactured or remanufactur ...

EPFL2021

The formation of Coasean institutions to provide university knowledge for innovation: a case study and econometric evidence for Switzerland

Dominique Foray

"Coasean" institutions are an alternative institutional form that provides a solution to some market and coordination failures. As such they can weaken considerably the case for public subsidies in a vast range of context. They are "market-based" and an in ...

SPRINGER2021

On the relation between transversal and longitudinal scaling in cities

João Vitor Meirelles de Miranda

Does the scaling relationship between population sizes of cities with urban metrics like economic output and infrastructure (transversal scaling) mirror the evolution of individual cities in time (longitudinal scaling)? The answer to this question has impo ...

2020

Institutions and Incentives in Knowledge Production and Diffusion: From Science to Innovation

Charles Chadi Ayoubi

This thesis presents four essays providing novel empirical and theoretical insights on the incentives and institutional structures that favor knowledge production and diffusion. The first two studies analyze these processes in the realm of scientific resea ...

EPFL2020

Replicated state machines without replicated execution

Kirill Nikitin

This paper introduces a new approach to reduce end-to-end costs in large-scale replicated systems built under a Byzantine fault model. Specifically, our approach transforms a given replicated state machine (RSM) to another RSM where nodes incur lower costs ...

IEEE2020

Tracing China's external driving sources and internal emission hotspots of export-driven PM10 emission

Yue Lu, Qinli Lu

External trade could induce extensive air pollutant emissions among partners. PM10 (particles smaller than 10 mu m) is an important pollutant that could cause various problems. Few studies have researched the spatial heterogeneity of this export-driven pol ...

ELSEVIER SCI LTD2020

Towards Mobility-as-a-Service: a cross-case analysis of public authorities' roles in the development of ICT-supported integrated mobility schemes

Maxime Ugo Julien Audouin

Automobiles have become counter-productive. Negative externalities resulting from car use have overcome the social benefits automobiles brought when initially introduced. Having shaped most contemporary transportation systems, the automobility regime is kn ...

EPFL2019

Change of beam distribution due to decoherence in the presence of transverse feedback

Xavier Buffat, Sondre Vik Furuseth

The effect of Landau damping is often calculated based on a Gaussian beam distribution in all degrees of freedom. The stability of the beam is however strongly dependent on the details of the distribution. The present study focuses on the change of bunch d ...

IOP PUBLISHING LTD2019

The diversity of moral preferences: Evolutionary foundations and some implications in environmental economics

Boris Thurm

Empirical evidence suggests that there exists substantial heterogeneity in individuals' social preferences. However, there is little theoretical basis supporting this observation and economic models often assume that all individuals are identical. Hence, t ...

EPFL2019